Ola Electric Shares Experience Choppy Session, Settle Marginally Lower at ₹50.10
New Delhi: Shares of Ola Electric Mobility Ltd (NSE: OLAELEC) navigated a volatile trading day on the National Stock Exchange (NSE) on April 11, ultimately closing with a minimal loss. The stock ended the session at ₹50.10 per share.
This closing price reflects a slight decrease of 0.020%, equivalent to ₹0.0100 for the day. The stock finished just below its previous closing mark of ₹50.11, as indicated on the intraday chart.
Despite the nearly flat finish, the trading session was marked by significant price swings. Ola Electric’s stock saw an early surge, touching intraday highs near the ₹50.70 level shortly after the market opened. However, this initial strength gave way to fluctuations, with the price dipping and rallying multiple times throughout the day. Notably, there was a sharp drop towards the end of the session, testing the ₹50.00 level before a minor recovery brought the price to its final ₹50.10 settlement.
The performance, recorded in Indian Rupees (INR) as of 4:24:40 PM UTC+5:30, highlights a day of active trading where bulls and bears fought for control, resulting in considerable intraday movement but only a fractional change from the previous day’s close on the NSE.
