Ola Electric shares rally nearly 20% ahead of Q2 FY27 results

Ola Electric Mobility shares rallied 19.5% to Rs 35.78 on Tuesday, October 27, as its Rs 1,000 crore rights issue stayed in focus. The issue opened on October 22 and closes on October 30, with 37.03 crore partly paid-up shares offered at Rs 27 apiece. The company is yet to file its Q2 FY27 results. Its Q1 FY27 revenue fell 45% year-on-year to Rs 455 crore.

Source: Entrackr ↗