Shares of Ola Electric Mobility gained nearly 3% in Friday’s trade after the company announced the launch of Ola Shakti, its first residential Battery Energy Storage System (BESS).
At 11:30 a.m., the stock was trading at ₹56.85, up ₹1.65 or 2.99% from its previous close of ₹55.20 on the BSE. The scrip opened at ₹56.65 and touched an intraday high of ₹57.96 and a low of ₹55.22, with over 15.20 lakh shares traded on the counter.
The stock has a 52-week high of ₹102.50 (December 4, 2024) and a 52-week low of ₹39.58 (July 14, 2025). The company’s current market capitalization stands at ₹25,185.84 crore. Promoters hold 36.78%, while institutional and non-institutional investors hold 7.34% and 55.88%, respectively.
Ola Shakti: Expanding Beyond Mobility
With Ola Shakti, the company has ventured beyond the automotive sector into the home and commercial energy storage market. Designed for modern Indian homes, farms, and businesses, Ola Shakti is India’s first indigenously developed residential BESS, built using advanced 4680 Bharat Cell technology produced at the Ola Gigafactory.
The company expects its annual BESS consumption to scale up to 5 GWh within the next few years. The modular system allows for flexible stacking and scalability, offering compact installation and easy maintenance.
Key Features and Pricing
Ola Shakti promises automotive-grade safety, up to 98% energy efficiency, and zero maintenance. It supports instant 0 ms changeover time, wide input voltage range (120V–290V), and IP67-rated weatherproof batteries tested for monsoon conditions.
The system is available in four configurations at introductory prices:
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1kW/1.5kWh – ₹29,999
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1kW/3kWh – ₹55,999
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3kW/5.2kWh – ₹1,19,999
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6kW/9.1kWh – ₹1,59,999
With this launch, Ola aims to lead India’s transition toward clean, distributed, and reliable energy access — moving from residential to grid-scale storage solutions powered by local innovation.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.