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Ola Electric Shares Jump 17% on Strong FY26 Guidance, Improved Sequential Performance in Q1

  • Ola Electric's share price surged by 19.75% to Rs 47.66 after the company provided strong FY26 guidance despite a net loss of Rs 428 crore in Q1 FY26.
  • Ola Electric expects gross margins to rise to 35%-40% by the end of FY26, driven by efficiencies and the impact of Production Linked Incentive benefits.
  • The company reported a revenue of Rs 828 crore in Q1 FY26, marking a sequential improvement from Q4 FY25.
  • Ola Electric achieved a 32.7% increase in vehicle deliveries, reaching 68,192 units in Q1 FY26 compared to the previous quarter.
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Stock Market Today: Ola Electric has entered this list (Ola Electric Share Price). Today, Ola's shares jumped sharply after the June quarter results were released, what is the reason?

·India
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The Hindu Business Line broke the news in New Delhi, India on Monday, July 14, 2025.
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