After a 55% surge in a month, are Ola Electric shares still a buy or is it time to take profits?

Ola Electric surged 55% in a month following PLI scheme inclusion and strong technical momentum. Analysts cite breakout patterns, higher volumes, and support zones driving upside, despite Q1 net losses. PLI incentives and cost-structure improvements bolster prospects, making the stock a key focus for medium-term gains.

Sep 2, 2025 - 12:00
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After a 55% surge in a month, are Ola Electric shares still a buy or is it time to take profits?
Ola Electric surged 55% in a month following PLI scheme inclusion and strong technical momentum. Analysts cite breakout patterns, higher volumes, and support zones driving upside, despite Q1 net losses. PLI incentives and cost-structure improvements bolster prospects, making the stock a key focus for medium-term gains.

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