Ola Electric Settles Dispute, Shares Surge 4%

• 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