Ola Electric shares rally over 5%, rebound 79% from March low. Here’s what’s driving the stock

Ola Electric shares rallied on Friday after the EV maker launched its new S1Z scooter range with indigenous Bharat Cell LFP technology. The stock has rebounded nearly 79% from its March low, while the new models target Indias mass-market EV segment with prices starting at Rs 79,999.

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