Ola Electric Shares Rally 7% On PLI Nod For Gen 3 Scooters

Shares of electric vehicle major Ola Electric jumped as much as 7% to INR 52 apiece during the intraday trading session on the BSE today

The rally came after the company secured PLI certification for its Gen 3 scooter portfolio

Ola Electric’s Gen 2 and Gen 3 scooter portfolios are now PLI-certified, and the company expects that the move will boost its profitability from Q2 FY26 onwards

Shares of electric vehicle major Ola Electric jumped as much as 7% to INR 52 apiece…