India, Jan. 2 -- The shares of a small-cap company specializing in the design, manufacturing, and sale of electric vehicles (EVs) jumped up to 9 percent in today's session and have rallied almost 12 percent over the last two trading sessions. In this article, let's explore the reasons behind this 12 percent rise.

Delta Exchange banner With a market capitalization of Rs. 17,797.70 crores on Friday, the shares of Ola Electric Mobility Ltd jumped up to 8.6 percent, reaching a high of Rs. 40.77 per share compared to its previous closing price of Rs. 37.51 per share.

Ola Electric Mobility Ltd, engaged in the design, manufacturing, and sale of electric vehicles (EVs), surged as much as 9 percent on January 2, 2026, and has rallied up to 12 pe...