New Delhi, Sept. 23 -- Ola Electric Mobility share price jumped as much as 12% in intraday trade on the BSE on Wednesday, 23 September, looking set to extend gains for the third consecutive session.

Ola Electric shares opened at Rs.38.16 against their previous close of Rs.37.78 and jumped 12% to an intraday high of Rs.42.32, with a spurt in volume by nearly 4 times.

The stock has been on an uptrend lately. BSE data show the company's shares have surged nearly 80% over the last six months, defying stock market volatility.

Ola shares hit their 52-week high of Rs.59.20 on 23 September last year and a 52-week low of Rs.21.21 on 2 March this year. Year-to-date, the stock is up nearly 12%.

The stock has been on an uptrend due to new product...