Ola Electric Mobility shares surge 6.94% amid volume surge; stock among top gainers on Nifty Midcap 150

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Shares of Ola Electric Mobility gained 6.94% to trade at Rs 66.26 in Wednesday's session, seeing high volume. The stock is among the top gainers on the Nifty Midcap 150 index.

Financial Snapshot:

Ola Electric Mobility's financial performance reveals the following trends:

• Revenue: The company's consolidated revenue for the year-ending March 2025 stood at Rs 4,514 Crore, compared to Rs 5,009.83 Crore in the previous year.
• Net Profit: The company reported a net loss of Rs 2,276 Crore for the year-ending March 2025, compared to a loss of Rs 1,584.40 Crore in the previous year.
• EPS: The company's Earnings Per Share (EPS) was reported at Rs -5.48 for the year-ending March 2025, compared to Rs -4.35 in the previous year.

The consolidated quarterly financial results indicate the following:

• Revenue: For the quarter ending June 2025, the company's revenue was Rs 828 Crore.
• Net Profit: The net loss for the same quarter was Rs 428 Crore.
• EPS: The Earnings Per Share (EPS) for the quarter was Rs -0.97.

Moneycontrol analysis indicates a very bullish sentiment for the stock.

With the stock's last traded price at Rs 66.26, Ola Electric Mobility saw significant positive movement in today's session.