Ola Electric rebounds ~6% after Ola Cell wins BIS nod for indigenous LFP 46100 cylindrical cell
Subsidiary Ola Cell Technologies became the first Indian firm certified by BIS for a domestically developed LFP 46100 cylindrical cell, lifting Ola Electric shares from a day-low of Rs 41.84 to Rs 44.16, a 5.55% intraday rebound.
Ola Electric shares rebounded nearly 6% intraday after subsidiary Ola Cell Technologies received BIS certification for its indigenously developed LFP 46100 cylindrical cell, becoming the first Indian company certified for a domestically developed cell in this format.