Ola Electric shares rally 7% on PLI nod for Gen 3 scooter portfolio

August 26, 2025

Ola Electric shares surged following PLI certification for its Gen 3 scooter portfolio, covering seven models that form the bulk of sales. The certification makes the company eligible for incentives up to 18%, boosting margins, profitability, and prospects for sustainable growth from FY26.

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Adani’s Cemindia is said to near up to $524 million share sale

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Sensex falls 183 points, Nifty closes below 24,250 as market erases all morning gains. What lies ahead?

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