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Ola Electric Stock Advances After December Market Share Improves
Ola Electric shares gained nearly 4 percent after the company reported higher month-on-month market share in December. The update boosted investor confidence on demand traction and competitive positioning despite a challenging electric vehicle market environment.
Ola Electric shares ended about 4% higher after the company reported an improvement in its month-on-month electric two-wheeler market share for December. Investors reacted positively to signs of stabilising demand, better execution, and improving competitive positioning. The update helped ease concerns around recent volatility and reinforced expectations of gradual recovery in volumes amid intense competition.