Bhavish Aggarwal’s Ola Electric Mobility share price is in focus as the company is set to unveil its highly anticipated Roadster X electric motorcycle launch. This launch follows the recent debut of the company’s Gen 3 S1 electric scooter range on January 31.The share price of Ola Electric opened on a positive note today, February 5, up nearly 2%.
Let’s take a look at the five key things you need to know about Ola Electric ahead of its launch. 1. Ola Electric Stock Performance
The Ola Electric’s share price opened on a strong note today, February 5, up 1.67% increase. Over the past 5 days, Ola Electric Mobility share price has seen a 13.40% rise, touching Rs 75.75. However, over 1 month, the share price of Ola Electric recorded a 2.90% decline, currently trading at Rs 75.69.
The market capitalisation of the company stands at Rs 31,770 crore. The company’s 52-week high is Rs 157.40 and a 52-week low is Rs 64.60.
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As part of the ongoing earnings season, Ola Electric is set to announce its financial results for Q3FY25 on February 7.
This will be the third time the company publicly releases its financials since its IPO debut in August 2024.
The company on February 4 said, “we wish to inform you that the meeting of the Board of Directors of Ola Electric Mobility Limited (“the Company”) is scheduled to be held on Friday, February 07, 2025, inter alia, to consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter and nine months ended December 31, 2024, along with the Limited Review Report of the Auditors thereon.”
3. Roadster X: What to expect?
Ola Electric first introduced the Roadster series in August 2024 as pre-production models, and today gears to be the official launch of the final production version of the Roadster X.
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