CosmicTaco

Ola Electric Settles Dispute, Shares Surge 4%

CosmicTaco · 2025-03-25T10:26:04.619908+05:30

- Ola Electric Mobility shares rallied 4% after settling dues with Rosmerta Group. - Rosmerta Group withdrew its insolvency petition against Ola Electric Technologies. - The stock reached a high of Rs 58 on the BSE before settling at Rs 56.50. - Despite the rise, the stock remains down 32.74% in 2025 and 44.28% over the past six months. - Ola Electric faces challenges including slower growth in the EV two-wheeler industry and delays in motorcycle launch. Source: [News 18](https://www.news18.com/business/markets/ola-electric-shares-rise-4-after-rosmerta-withdraws-nclt-petitions-key-points-for-investors-9273737.html), [Mint](https://www.livemint.com/market/stock-market-news/ola-electric-share-price-jumps-4-after-rosmerta-group-withdraws-nclt-petitions-11742875349995.html), [Business News India](https://www.businesstoday.in/markets/stocks/story/ola-electric-shares-in-focus-as-co-settles-dues-with-rosmerta-key-details-469232-2025-03-25), [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/ola-electric-shares-in-focus-after-settling-dues-with-rosmerta-group-nclt-petitions-withdrawn/articleshow/119454268.cms), [Moneycontrol](https://www.moneycontrol.com/news/business/markets/ola-electric-s-subsidiary-settles-all-dues-with-rosmerta-group-12974457.html)

Ola Electric Mobility shares rallied 4% after settling dues with Rosmerta Group.
Rosmerta Group withdrew its insolvency petition against Ola Electric Technologies.
The stock reached a high of Rs 58 on the BSE before settling at Rs 56.50.
Despite the rise, the stock remains down 32.74% in 2025 and 44.28% over the past six months.
Ola Electric faces challenges including slower growth in the EV two-wheeler industry and delays in motorcycle launch.

Source: News 18, Mint, Business News India, The Economic Times, Moneycontrol