Ola Electric shares jump 16% in biggest one-day gain since April

Ola Electric shares surged 16.3% on Tuesday to close at ₹34.80, their biggest single-day rise since April. Around 345 million shares changed hands, about 3.2 times the weekly average, helped by a wider rebound in auto stocks and strong numbers from rival Ather Energy. The stock is still down about 4% this month after brokerage downgrades.