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Ola Electric Share Price Surges 9% to One-Month High on Rising December Market Share

Ola Electric shares jump 9% to ₹40.77 as December market share rises to 9.3%, stock up 30% in 10 sessions on strong sales and service boost.

Ola Electric share price hits one-month high after December market share gains and launch of same-day Hyperservice for customers.

Ola Electric Share Price Surges 9% to One-Month High on Rising December Market Share
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2 Jan 2026 12:29 PM IST

Electric two-wheeler maker Ola Electric Mobility extended its stock rally on Friday, surging 9% to ₹40.77, marking a four-week high. The jump comes after positive market reaction to the company’s December sales performance and rising market share. Over the past 10 trading sessions, Ola Electric’s stock has climbed 30.5%, continuing the recovery that began in mid-December.

Market Share Gains Drive Investor Optimism

As per the regulatory filings and VAHAN data, Ola Electric’s share in the electric two-wheeler market stood at 9.3% in December, which is a big jump from November's 7.2%, with the sale of 9,020 units. In the latter part of the month, the company’s market share was nearly at 12%. This was a very positive indication of great consumer interest and, consequently, an expansion in sales activities.

The above-mentioned benefits made it possible for Ola Electric to recover its position in the top three electric vehicle manufacturers in many states, like Tamil Nadu, Uttar Pradesh, Bihar, Jharkhand, Punjab, and Haryana.

Service and Product Expansion Boost Confidence

To support its growing customer base, Ola Electric launched Hyperservice, offering same-day resolution for most issues. In December, 77% of service requests were completed the same day, improving customer satisfaction amid rapid scale-up.

The company also began deliveries of its 4680 Bharat Cell-powered S1 Pro+ 5.2 kWh scooters in November 2025 and received government certification for its Roadster X+ Motorcycle in December. Its energy storage business, Ola Shakti (BESS), is set to begin deliveries in the coming months.

Stock Performance Context

Ola Electric had the steepest drop among tech stocks having the smallest weights, despite the recent market recovery, losing 58% by the end of 2025. The stock in question has gone down by 44% from its year-high of ₹71.25 and 74.5% from the post-listing highest of ₹157.40.

The investors still have some hope that if the company keeps expanding its market share, along with the improving of customer service and the timely delivery of the new goods, then the 2026 would be the year of their big boom.

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