Ola Electric Surges 12% in 2 Days: Is It a Buying Opportunity?

• Ola Electric shares gained 12% in two trading sessions, hitting an intraday high of ₹40.77 on January 2, 2026.
• The rally follows a 52-week low and is attributed to positive business updates and improved market share.
• Market share increased from 7.2% in November to 9.3% in December 2025, reaching 12% in late December.
• Company deployed a 250-member Rapid Response Technician team and saw good response for its 4680 Bharat cell-powered S1 Pro+ 5.2 kWh scooter.
• Experts like Deepan Mehta advise caution, citing weak post-listing performance, competition, and a long road to profitability.

Why It Matters: Ola Electric sees a 12% surge on market share gains, but experts advise caution due to profitability concerns.