Mumbai: On Tuesday, August 19, 2025, shares of OLA Electric Mobility went up more than 8%. The trading volume has jumped too, with over five times more shares being traded than usual. This rally happened after founder and chairman Bhavish Aggarwal revealed new and ambitious growth plans for the company.
Ola Electric opened at ₹41.70 on the BSE, a bit higher than the last close of ₹41.21. The share hit a high of ₹44.73 during the day, marking a sharp 8.54% rise. As of the last check, shares were trading at ₹43.63, and went up approximately 6%. Despite today’s gains, the stock is still far below its 52-week high of ₹157.53, which was set last year on August 20. The lowest point in the past year was ₹39.58. Right now, Ola Electric’s market value stands at ₹19,231 crore.
On the National Stock Exchange (NSE), the stock started at ₹41.56 and touched a high of ₹44.78.
Looking at the chart, Ola Electric shares are above their 5-day, 20-day, and 50-day averages, but below the 100 and 200-day averages.
Around 33.5 million shares have been traded today, which is much higher than the usual two-week average of 6.4 million.
Stock Performance at a Glance
Data from BSE Analytics shows that Ola Electric shares have fallen 69% in one year, and dropped 49% just this year. In the past six months, the stock slipped 27%, even as the main stock market index went up 7.4%.
What Did Bhavish Aggarwal Say?
According to Moneycontrol, Bhavish Aggarwal shared that the goal is for Ola Electric to have a 25-30% share of the two-wheeler electric vehicle (EV) market, saying: “Our target market share for two-wheeler EVs is about 25–30 percent with very high margins, so we believe we are on the right path again.”
New Bharat Cell in the Works
Earlier, Ola Electric announced they’ve developed a new battery called the Bharat Cell 4680 at their Krishnagiri factory. This battery will be rolled out in Ola’s entire product range over time, bringing more benefits for customers.