Ola Electric shares surge 33% in three days. The Bhavish Aggarwal-led electric vehicle manufacturer saw its stock jump over 7% on Monday to Rs 30.40 per share, crossing the Rs 30-mark for the first time in seven weeks. The three-day rally added Rs 3,360 crore to the company's market value, pushing total market capitalization above Rs 13,450 crore. Strong March sales data proved pivotal, with daily orders exceeding 1,000 units in the final week of March and monthly registrations surging over 150% to 10,117 units. Additionally, Ola Electric secured Production Linked Incentive certification for its Roadster X+ 4.5 kWh motorcycle, marking a significant milestone in its expansion into the electric motorcycle segment.
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