Ola Electric Surges 10% After Debt Repayment Clarification; Experts Advise Exit

• Ola Electric stock surged 10% today, hitting the upper circuit after continuous decline.
• Company clarified promoter's pre-planned stake sale repaid ₹260 crore debt and unpledged 3.93% shares.
• Promoter Bhavish Aggarwal sold 9.62 crore shares for ₹323.56 crore, retaining over 34.5% stake.
• Experts like Arun Kumar Mantri of Mantri Finmart advise investors to exit the stock on a rise (35-36 levels).
• Despite the rally, experts recommend against fresh buying in Ola Electric for now.

Why It Matters: Ola Electric stock surged on debt repayment news, but experts advise exiting on rally, not fresh buying.