Shares of Ola Electric Mobility surged 5% to hit the upper circuit on October 15 as investors looked forward to the launch of the company’s first non-vehicle product, ‘Ola Shakti’, in the energy segment. On October 14, the EV maker had announced that it would unveil a new product in the energy space on October 17, 2025, through a live premiere on its official social media channels. Ola’s founder, Bhavish Aggarwal, hinted at the launch on X, stating, “Power has always been a utility, but now it becomes Deep Tech – intelligent, portable, and personal.” The next day, the company revealed the product’s name as Ola Shakti and advanced the launch date to October 16. Aggarwal shared photos of the product, expressing excitement about the launch. In terms of performance, Ola Electric shares have risen over 3% in the past week but are down nearly 13% over the past month and 39% year-to-date. The stock remains about 49% below its 52-week high of ₹102.50 but has rebounded over 33% from its July low of ₹39.60.
Ola Electric shares hit 5%
