28
Aug
Ola Electric Mobility extended its winning run for the third consecutive session on August 28, climbing 4% to hit the day’s high of ₹52.80 per share, even as broader market sentiment remained weak. The recent rally comes after the company announced that its Gen 3 scooter range has received Production Linked Incentive (PLI) certification. With a 12% gain over the past three sessions, the stock has reacted positively to the development. Ola informed the exchanges that its Gen 3 scooters are now certified under the government’s PLI scheme for auto and component manufacturing, making it eligible for incentives of 13–18%…
