Ola Electric's Stock Soars Following Escooters Launch

• Ola Electric's shares surged 9.4% following the launch of their electric scooters, S1 Z and Gig.
• The company has ended its last four trading sessions in the green, despite trading 3.32% below its listing price since August 9.
• Ola Electric reported a reduced net loss in Q2 FY25, but saw a 43% increase in loss compared to Q1 FY25.

Source: Inc42