Ola Electric Mobility Stock Hits Upper Circuit Limit at Intraday High of Rs 55.38

Oct 16 2025 12:00 PM IST
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Ola Electric Mobility Ltd has gained attention by reaching its upper circuit limit, with significant trading activity and a notable increase in stock performance. The company has outperformed its sector and is currently trading above multiple moving averages, highlighting its strong position in the small-cap automobile market.
Ola Electric Mobility Ltd, a small-cap player in the automobiles sector, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 55.38, reflecting a notable increase of 4.99% from the previous close. This performance is particularly impressive as it has outperformed its sector by 3.79% and has shown a consecutive gain over the last two days, accumulating a total return of 10.19% during this period.

The total traded volume for the day stood at approximately 189.66 lakh shares, contributing to a turnover of Rs 103.29 crore. Despite a decline in delivery volume, which fell by 47.04% compared to the five-day average, the stock remains liquid enough for trades of Rs 2.04 crore based on 2% of the five-day average traded value.

Ola Electric is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Overall, the stock's performance today underscores its robust market position within the small-cap segment of the automobile industry.
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