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Ola Electric Mobility Share Price: Shares of Ola Electric Mobility Ltd rose more than 6 percent in Thursday's trade, taking the five-day rally to 39 percent Today, the stock rose 6.17 percent to a high of Rs 93.60. It was currently trading at Rs 91.01, up 2.91 or 3.30% at 10:30 am. The company announced the launch of OLA Gig, S1 Z Electric Scooter to promote electric mobility.

Amidst this boom, Sharad Dubey has given his opinion on ET NOW Swadesh. Sharad Dubey tsaidthat the company has launched a cheap scooter. Sharad Dubey said that OLA has brought scooters at a cheaper price compared to YULU, KINETIC GREEN, and OKINAWA. Apart from this, Ola has again shown an increase in market share.

Ola Electric Share Price: Expert Opinion

Market experts who came on ET NOW Swadesh's special show gave their opinion on Ola stock. They said that Ola's stock is sustaining below the short-term moving average, so until this counter reaches the higher zone above 79-78, it is better to maintain the sidelines. The stock is currently on a lifetime loss. The expert further said that if there is consolidation in it, then we will accumulate above 78 from here.

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