Ola Electric Shows Strong Trading Activity and Performance in Small-Cap Market

Ola Electric Mobility Ltd, a small-cap player in the automobiles sector, has emerged as one of the most active equities today, with a total traded volume of 186,653,322 shares and a total traded value of approximately Rs 88.9 crore. The stock opened at Rs 45.4 and reached a day high of Rs 48.6, reflecting a notable intraday increase of 7.38%. Currently, the last traded price stands at Rs 48.55.
In terms of performance, Ola Electric has outperformed its sector by 7.31% and has shown a consecutive gain over the last two days, yielding a total return of 16.59% during this period. The stock's liquidity remains robust, with a delivery volume of 17.31 crore on August 19, marking a significant increase of 577.04% compared to the five-day average delivery volume.

While the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. Overall, Ola Electric Mobility Ltd's performance today highlights its active market presence and strong trading metrics within the small-cap segment of the automobile industry.