In the past five trading session the aggregate advancement in the Ola shares stood at 7.60 per cent or Rs 6.99. This took the overall value higher that it had been in the past few weeks.

Currently operating 800 stores, the company aims to open 3,200 stores in under three weeks, equating to 178 stores per day.

Ola Electric Mobility Ltd.'s shares rose for a second consecutive session to hit their highest in two months. The stock surged nearly 9% on Tuesday. The stock saw an upswing on Monday as well after Ola CEO Bhavish Aggarwal shared his expansion plan on social media platform 'X'.

Ola Electric sold 29,196 units in November compared to 41,775 units in October, resulting in a decline in its market share to 24.7%. This is a marked decline from its market share of 31.2% in August when the company listed on Indian stock exchanges.

The Bhavish Aggarwal-led company has been under growing scrutiny in recent months over issues with its servicing network and rising customer complaints, impacting its stock price and market capitalisation.

Ola Electric shares saw a notable recovery today, rebounding sharply from earlier losses. After falling around 5% in the morning, the stock surged by 6.68% around 2:30 PM. The turnaround was driven by the companys announcement of a massive expansion in its retail network.

Ola Electric shares surged 6.85 per cent on Monday to Rs 93.41 on the BSE after CEO Bhavish Aggarwal revealed ambitious plans to expand the company’s retail network. Aggarwal disclosed on X, formerly Twitter,

Shares of Ola Electric Mobility rose over 9% on Tuesday, reaching a high of Rs 101.78 on the NSE. In the past week, the stock has surged more than 50%, recovering from its all-time low of Rs 66.60.

Over the past five trading sessions, Ola Electric shares have gained nearly 28%, recovering sharply from their 52-week low of Rs 66.60.