Ola Electric Rises 3% As June Registrations Hit Recent-Quarter High
Ola Electric shares climbed up to 3.3% to ₹45.24 after Q1 FY27 EV two-wheeler registrations nearly doubled to 43,719 units, up 97% from 22,252. June alone contributed 16,144 units, aided by Delhi's new EV policy and sharper retail execution, extending a Tuesday rally of over 11%.
Ola Electric shares rose up to 3.3% after Q1 FY27 EV two-wheeler registrations nearly doubled to 43,719 units, with June hitting 16,144, aided by Delhi's new EV policy and improved retail execution.
Why this matters
The registration surge follows Ola Electric's overhaul of its sales, service and distribution network in a push for profitability, echoing an earlier report of doubled registrations to 43,719 units on stronger retail execution.
Retail-company signals are accelerating, up 468000% QoQ.