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Ola Electric Shares Edge Higher as December Market Share Expands
Ola Electric’s share price rose up to 5% after reported market share gains in December boosted confidence in its EV growth momentum.
Shares of Ola Electric climbed as much as 5% after data showed the electric vehicle maker expanded its market share in December, reflecting rising demand for its two-wheeler models. Traders pointed to stronger sales momentum and improving retail acceptance as key drivers of the stock’s intraday strength. Analysts noted that competitive positioning and consumer preference shifts toward EVs contributed to the uptick.