New Delhi, April 1 -- Shares of electric two-wheeler maker Ola Electric Mobility jumped 14.21% in Wednesday's intraday session on April 1, hitting a day's high of Rs.26.04 apiece, as investors appeared encouraged by the company's March performance. The surge also marked the stock's biggest single-day gain in seven months.

In a regulatory filing, the company announced a strong comeback in business performance, with registrations surging 150% year-on-year to 10,117 units during the month (as per VAHAN data). In comparison, Ola's registrations stood at 3,973 units in February, signalling a sharp resurgence in demand momentum.

Market share also witnessed a V-shaped month-on-month recovery, with the company continuing to gain share through M...