← Latest news 
Ola Electric rally tops 60 as April registrations jump 20 percent month on month
Business
Published on 1 May 2026
A 20% sales uptick is not easing analyst doubts yet
Ola Electric shares have climbed more than 60% from recent lows after April registrations rose 20% month on month, lifting sentiment even as the overall EV market weakened. Still, analysts are cautious, pointing to slower-than-expected EV adoption and execution risks that could cap further upside despite the near-term positive read.
- Ola Electric shares surged over 60% from recent lows
- April registrations grew 20% month on month
- Industry conditions were weaker, but Ola still posted growth
- Analysts warn slow adoption and execution risks remain
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times