Ola Electric surges 10%; stock up 120% in 12 weeks

Ola Electric shares surged 10% on June 9, extending a sharp rebound that has lifted the stock nearly 120% from its March low of ₹21.2. The stock touched ₹49.05, its highest level since November 2025. Despite the rally, Ola Electric remains over 31% below its 52-week high of ₹71.25.