There was a strong rise in the shares of electric two-wheeler company Ola Electric Mobility on Wednesday. The company’s stock rose nearly 14% after strong sales figures for March 2026. The stock reached the day’s high of ₹26.04 due to increased investor confidence. The company said that in the last week of March, daily orders remained above 1,000 units, which is a sign of clear improvement in demand.
More than 150% jump in registration
According to the company, a total of 10,117 units were registered in March, whereas in February this figure was 3,973 units. In this way, an increase of more than 150% was recorded month-on-month. This surge shows that the demand for electric vehicles in the market is gaining momentum again and the company’s grip is getting stronger.
Customer confidence increased due to service improvement
The company has made major changes in its service system. Now more than 80% of the vehicles are being serviced on the same day. Better parts availability, faster diagnosis and stronger operational controls are providing a better experience to customers. The improvements made after the earlier service problems have brought back customer confidence and its direct impact is visible on sales.
Historic milestone of 1 million registrations
During March the company achieved another major achievement. Ola Electric became the first EV company in India to cross the total registration mark of 10 lakh. This achievement is considered important not only for the company but also for the electric vehicle sector of the country.
Stock performance and future strategy
After opening at ₹23.99, the share reached ₹26.04 and was seen trading at ₹25.66 in the afternoon. Although the stock has fallen 54% in the last 6 months, the recent surge is showing signs of recovery. The company says that with its strong service network and growing demand, it is ready to lead the next phase of EV adoption in India.