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Ola Electric shares jump 31% in 6 months. Should you buy, sell or hold?

Finance · 1 updates

Ola Electric shares jump 31% in 6 months. Should you buy, sell or hold?

Shares of Ola Electric Mobility have jumped 31% in six months and have nearly doubled from March low, with analysts highlighting that the near-term sentiment has improved but caution is still warranted.Ola Electric shares gained around 10% in a week but fell over 2% in a month, trading at around Rs 41 apiece. The EV-scooter maker’s shares recorded sharp gains earlier this week after the company signed a memorandum of understanding (MoU) with Axis Energy to deploy up to 20 GWh of battery energy storage systems (BESS) by 2032.Despite the recent gains, the shares of Bhavish Aggarwal’s company rem

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