Ola Electric stock jumps 11% in week; rights issue fully subscribed ahead of closing date - Check key details
New Delhi, Oct. 28 -- Ola Electric Mobility Limited share price trend ended 4.95% higher on Wednesday, extending its winning streak over the past five trading sessions. The EV stock has delivered 11% return in one week amid the ongoing Ola Electric Mobility's rights issue.
The stock is likely to remain in focus on Thursday, after its Rs.1,000-crore rights was fully subscribed by Wednesday's market close, according to media reports citing subscription data.
The Bhavish Aggarwal-led EV maker had approved the issuance of partly paid-up equity shares through a rights issue of up to Rs.1,000 crore on October 11 2026.
Ola Electric Mobility rights issue opened on Thursday, October 22 and it is scheduled to close on Friday, October 30. The com...
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