India, Jan. 2 -- Shares of EV maker Ola Electric surged 8.7% to touch an intraday high of INR 40.77 on the BSE.

The rally came after the company said yesterday that it registered 9,020 two-wheeler EVs in December 2025, with its market share rising to 9.3% from 7.2% in November 2025.

The stock gave up some of the gains later in the day today and was trading at INR 40.36 on the BSE at 12:21 IST, up 7.6% from the previous close. Ola Electric's market capitalisation stood at INR 17,802 Cr (about $1.97 Bn).

The company, in its statement yesterday, said that its market share increased to almost 12% in the second half of December 2025.

It said that South India recorded notable traction compared to the rest of the country, as its market share...