Ola Electric share price: On Thursday, April 9, 2026, shares of the electric two-wheeler manufacturer Ola Electric Mobility reached their highest point.
On the National Stock Exchange (NSE), the stock increased by up to 20% to its upper circuit level of ₹36.32 per share.
On March 16, 2026, the scrip fell to a 52-week low of ₹22.25, and on September 4, 2025, it reached a year-high of ₹71.25 per unit.
In the last week, the company’s shares have increased by 28.16%, and in the last month, they have increased by 56.98%. Nevertheless, shares are down 3.20% year-to-date (YTD).
What is behind the increase in the price of Ola Electric shares?
The company’s announcement on Tuesday of the readiness of its in-house created lithium iron phosphate (LFP) cell, which it claimed is a significant milestone in its quest to increase electric mobility and build a full-stack energy ecosystem, is what caused the recent stock spike.
Developed as part of Ola’s vertically integrated battery innovation initiatives, the new 46100-format LFP cell is larger than the existing NMC 4680 Bharat Cell. According to the company’s exchange filing, it will be incorporated into Ola’s products beginning in the upcoming quarter and signifies a significant shift in scale, applicability, and cost effectiveness across both mobility and energy storage solutions.
With numerous cars powered by Ola Electric’s 4680 Bharat Cells currently on Indian roads, the announcement coincides with the company’s Gigafactory ramp continuing to advance rapidly.
According to the company’s spokeswoman, the LFP 46100 cell’s readiness marks a significant turning point in the development of India’s most cutting-edge electric vehicle and energy ecosystem.This milestone demonstrates our strong dedication to innovation, scale, and self-reliance, in addition to the impressive progress at our Gigafactory and the demonstrated performance of our 4680 cells on the road.
As we get closer to achieving the End ICE Age vision, LFP technology will be essential in promoting affordability, facilitating energy storage solutions, and quickening the shift to electric mobility,” the representative continued.
