Ola Electric, Ather Energy Rally On Delhi's Rs.15,000 Cr EV Policy
India, June 30 -- Shares of EV companies gained in early trade today after the Delhi government approved the new EV policy aimed at accelerating electric mobility.
Ola Electric emerged as the top gainer, surging as much as 11.2% to an intraday high of Rs.44.95 on the BSE. The stock later trimmed gains amid profit booking and was trading 4.8% higher at Rs.42.38 at 10:57 AM IST. The company's market capitalisation stood at Rs.19,619.8 Cr (about $2 Bn).
Shares of Ather Energy climbed 2.9% to Rs.1,114.60, while Zelio E-Mobility also advanced 2% to Rs.567.25 during the session.
Overall, benchmark indices remained subdued, with the Sensex down 0.25% and the Nifty 50 slipping 0.27% at 11:04 AM IST amid profit booking and broad-based selling i...
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