Motilal Oswal Financial Services Buys 1.65% Stake in Zelio E-Mobility

Motilal Oswal Financial Services Buys 1.65% Stake in Zelio E-Mobility

Zelio E-Mobility, a rapidly expanding electric two and three-wheeler manufacturer that has been doubling its growth year over year, witnessed strong investor interest as its shares climbed around 10% in early trade. With a market capitalisation of ₹716 crore, the stock was trading at ₹338 per share following a significant institutional transaction.According to exchange data, Motilal Oswal Financial Services acquired 3.5 lakh shares, representing…

Motilal Oswal Financial Services Acquires 1.65% Stake in Zelio E-Mobility

March 5, 2026 | Haryana, India: Zelio E-Mobility Ltd., a rapidly expanding electric two- and three-wheeler manufacturer, has attracted strong institutional interest as Motilal Oswal Financial Services acquired a 1.65% stake in the company. According to exchange data, Motilal Oswal purchased 3.5 lakh shares at ₹280 per share, amounting to a total consideration of ₹9.8 crore. Following the transaction, Zelio’s stock surged nearly 10% in early trad…