Ola Electric Mobility Ltd Sees 5.35 Million Shares Traded Today, Leading Volume Charts

Ola Electric Mobility Ltd, a small-cap player in the automobiles sector, has emerged as one of the most active stocks today, with a total traded volume of 5,352,072 shares and a total traded value of approximately Rs 27.41 crores. The stock opened at Rs 51.40, reflecting a gain of 2.31% from the previous close of Rs 50.24. Throughout the trading session, Ola Electric reached an intraday high of Rs 51.74, marking a 2.99% increase.
In terms of performance, the stock has outperformed its sector by 1.38%, with a one-day return of 1.93%, compared to the sector's return of 0.64% and the Sensex's return of 0.34%. Notably, the stock's delivery volume on October 14 was 226,000 shares, which represents an 8.87% increase against the five-day average delivery volume, indicating rising investor participation.

Ola Electric's current price is Rs 51.26, and while it is above the five-day and 100-day moving averages, it remains below the 20-day, 50-day, and 200-day moving averages. With a market capitalization of Rs 22,587.86 crores, the stock demonstrates sufficient liquidity for trades sized at Rs 1.84 crores, suggesting a robust trading environment. Overall, Ola Electric Mobility Ltd continues to show notable activity in the market today.