Ola Electric Mobility Sees Notable Gains Amid Mixed Market Trends

Aug 20 2025 09:51 AM IST
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Ola Electric Mobility has experienced notable gains, outperforming its sector and accumulating significant returns over the past two days. While its current price exceeds several short-term moving averages, it remains below the 200-day average. Year-to-date and one-year performances, however, show substantial declines.
Ola Electric Mobility has shown significant activity today, gaining 8.23% as of August 20, 2025. This performance has allowed the stock to outperform its sector by 8.29%. Over the past two days, Ola Electric has experienced a consecutive gain, accumulating a total return of 17.71%. The stock reached an intraday high of Rs 48.6, reflecting an increase of 8.43%.

In terms of moving averages, Ola Electric's current price is higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. This indicates a mixed trend in the short to medium term.

In the broader market context, the Sensex opened flat but is currently trading at 81,674.07, showing a slight increase of 0.04%. Small-cap stocks are leading the market, with the BSE Small Cap index gaining 0.05%. Despite the recent gains, Ola Electric's year-to-date performance remains down by 43.18%, and its one-year performance shows a decline of 64.62%.
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