Ola Electric share price: Shares of electric two-wheeler maker Ola Electric Mobility hit their upper circuit on Thursday, April 9, 2026.
The stock rose as much as 20% to ₹36.32 apiece, its upper circuit level, on the National Stock Exchange (NSE).
The scrip hit a 52-week low of ₹22.25 on March 16, 2026, while it touched a year’s high of ₹71.25 per unit on September 4, 2025.
The company’s shares have risen 28.16% in the past week, while they have gained 56.98% in a month. However, year-to-date (YTD), shares are down 3.20%.
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The recent rally in stock comes after the company, on Tuesday, announced the readiness of its in-house developed lithium iron phosphate (LFP) cell, which it claimed is a key milestone in its mission to boost electric mobility and build a full-stack energy ecosystem.
The new 46100-format LFP cell, which is developed as part of Ola’s vertically integrated battery innovation efforts, is bigger than the current NMC 4680 Bharat Cell. It represents a step change in scale, applicability and cost efficiency across both mobility and energy storage solutions and will be used in Ola’s products starting next quarter, the company said in an exchange filing.
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The announcement comes at a time when Ola Electric’s Gigafactory ramp continues to progress strongly, with myriads of vehicles powered by its 4680 Bharat Cells already on Indian roads.
The company’s spokesperson said that the readiness of the LFP 46100 cell is a pivotal moment in its journey to build India’s most advanced electric vehicle and energy ecosystem.
“Along with the strong progress at our Gigafactory and proven performance of our 4680 cells on the road, this milestone reflects our deep commitment to innovation, scale, and self-reliance. LFP technology will play a critical role in driving affordability, enabling energy storage solutions, and accelerating the transition to electric mobility as we move closer to realising the vision of End ICE Age,” the spokesperson added.