Daily Market Updates: Ola Electric stock jumps 11% in week; rights issue fully subscribed ahead of closing date

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Ola Electric stock jumps 11% in week; rights issue fully subscribed ahead of closing date - Check key details

Reported · Written up by our desk · North America

Ola Electric shares rose 4.95% to ₹36.68 on Wednesday, extending a two-session winning streak and gaining about 11% in a week. The company’s ₹1,000-crore rights issue was fully subscribed, with 37.13 crore shares subscribed against 37.02 crore offered.

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LiveMint MarketsOla Electric stock jumps 11% in week; rights issue fully subscribed ahead of closing date - Check key details

Global Markets

Ola Electric stock jumps 11% in week; rights issue fully subscribed ahead of closing date - Check key details

More like this

Sources

Get the close, explained.