Ola Electric stock doubles in three months, fuelled by Rs 780 crore QIP and LFP cell push
Ola Electric shares climbed 6.36% to Rs 47.32, capping a 103.44% rally from March lows. The company raised Rs 780 crore via QIP at Rs 35.86 per share and is developing prismatic LFP cells for its Mahashakti grid storage product, drawing fresh institutional interest.
Ola Electric shares rose 6.36% to Rs 47.32, up 103% in three months from March lows. Company raised Rs 780 crore via QIP and is developing prismatic LFP cells for its Mahashakti grid storage product.