CosmicTaco

Ola Electric's Stock Soars Following Escooters Launch

CosmicTaco · 2024-11-27T11:49:51.831737+05:30

* Ola Electric's shares surged 9.4% following the launch of their electric scooters, S1 Z and Gig. * The company has ended its last four trading sessions in the green, despite trading 3.32% below its listing price since August 9. * Ola Electric reported a reduced net loss in Q2 FY25, but saw a 43% increase in loss compared to Q1 FY25. Source: [Inc42](https://inc42.com/buzz/ola-electric-shares-jump-9-4-intraday-after-unveiling-s1-z-gig-scooters/?itm_source=recommendation&itm_medium=article-sidebar&itm_campaign=trending)

Ola Electric's shares surged 9.4% following the launch of their electric scooters, S1 Z and Gig.
The company has ended its last four trading sessions in the green, despite trading 3.32% below its listing price since August 9.
Ola Electric reported a reduced net loss in Q2 FY25, but saw a 43% increase in loss compared to Q1 FY25.

Source: Inc42