Mumbai, 16 December (Udaipur Kiran) — Shares of Ola Electric Mobility climbed on Tuesday after the company introduced Hyperdelivery, a same-day registration and delivery service for its 4680 Bharat Cell powered electric vehicles in Bengaluru.
The stock was trading at Rs. 37.47, up 2.10% from the previous close of Rs. 36.70. It opened at Rs. 36.69 and touched a high of Rs. 37.59 during the session. As many as 33.94 lakh shares were traded on the counter. The scrip has a 52-week high of Rs. 100.40 and a low of Rs. 33.17.
Over the past week, the stock hit a high of Rs. 37.70 and a low of Rs. 33.17. Ola Electric’s market capitalisation currently stands at Rs. 16,447.98 crore. Promoters hold 36.78% stake in the company, while institutional and non-institutional investors hold 10.02% and 53.19% respectively.
Ola Electric said Hyperdelivery is part of its broader Hyperservice initiative, designed to offer a transparent, convenient and customer-centric ownership experience. Customers can now complete their purchase online or at Ola Electric Stores and take home a fully registered vehicle on the same day.
Earlier this year, Ola shifted its entire vehicle registration process in-house, enabling a smoother and faster end-to-end delivery journey. Under the Hyperservice programme, the company has also rolled out in-app service appointment booking across India, allowing customers to schedule service easily. Additionally, Ola has expanded Hyperservice into an open platform aimed at redefining EV servicing in the country.
Ola Electric manufactures electric vehicles and core components including battery packs, motors and vehicle frames at its Ola Future Factory.
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.