New Delhi, Aug. 28 -- Extending its winning streak for the third straight day, Ola Electric Mobility, one of India's leading two-wheeler EV manufacturers, surged another 4 percent to hit the day's high of Rs.52.80 apiece on Thursday, August 28. This comes despite a weakness in the overall market sentiment.

The rally followed the company's announcement of securing Production Linked Incentive (PLI) certification for its Gen 3 scooter portfolio. Over the past three sessions, the stock has gained 12 percent.

On Monday, post-market hours, Ola Electric informed investors through an exchange filing that it had received certification for compliance with eligibility assessment requirements under the PLI Scheme for the automobile and auto compone...