Shares of Ola Electric Mobility Ltd logged a decent uptick on Tuesday, snapping their four-day fall. The stock jumped 10 per cent to hit its upper price band of Rs 118.40. It eventually settled 9.71 per cent higher at Rs 118.10. At this price, the scrip has gained 55.40 per cent from its initial public offering (IPO) price of Rs 76. Despite the mentioned rise, it has slipped 25.03 per cent compared to its record high value of Rs 157.53, a level seen on August 20 last month.
Source Link: Ola Electric shares surged 10% to hit upper circuit level; here's what analysts say - BusinessToday