Ola Electric Soars 30% in 5 Days: Buy, Sell or Hold?

Ola Electric shares have seen a sharp rally of nearly 30% in just five trading sessions, grabbing the attention of retail as well as institutional investors. The surge comes on the back of strong investor sentiment in the EV sector, robust sales growth, and optimism about the company’s future expansion plans. This sudden rise has made Ola Electric one of the most talked-about stocks in the market right now.

However, the big question for investors remains—should they buy, sell, or hold? Market experts suggest that while the long-term outlook for Ola Electric looks promising due to the growing demand for electric vehicles, short-term investors need to be cautious. After such a steep rally, profit booking is also likely. Investors are advised to consider their risk appetite and investment horizon before taking any decision.