Ola Electric Mobility Shows Strong Market Activity and Increased Investor Participation

Ola Electric Mobility Ltd, a prominent player in the Automobile Two & Three Wheelers industry, has emerged as one of the most active equities today, with a total traded volume of 10,061,329 shares and a total traded value of approximately Rs 50.30 crores. The stock opened at Rs 49.65 and reached a day high of Rs 50.70, while the day low was Rs 48.98. As of the latest update, the last traded price stands at Rs 50.20.
In terms of performance, Ola Electric has outperformed its sector by 1.75%, marking a consecutive gain over the last two days with a notable return of 7.46% during this period. The stock is currently trading above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.

Investor participation has also seen a significant rise, with a delivery volume of 704,400 shares on May 12, reflecting a 70.11% increase compared to the 5-day average delivery volume. The stock's liquidity remains robust, accommodating trade sizes of Rs 0.26 crores based on 2% of the 5-day average traded value. Overall, Ola Electric Mobility Ltd continues to demonstrate strong activity and performance metrics in the market.