Ola Electric Share Hits 5% Upper Circuit Ahead of ‘Ola Shakti’ Launch

Ola Electric shares surged sharply on October 15, hitting the 5% upper circuit at Rs 52.75. The rally came as investors geared up for the company’s first non-vehicle product launch, ‘Ola Shakti’, signaling a strategic expansion into the energy space.

Market Performance

The stock showed strong momentum in early trading, reflecting investor enthusiasm for Ola Electric’s diversification beyond electric scooters. Over the past five days, the shares have gained over 3%, though the stock has seen significant volatility over the past year:

• 52-week high: Rs 102.50 (December last year)
• 52-week low: Rs 39.60 (July this year)
• Year-to-date 2025 performance: Down nearly 39%
• Recovery since July low: Over 33%

This price movement highlights the market’s attention on the upcoming launch and Ola’s efforts to broaden its product portfolio.

Ola Shakti: First Non-Vehicle Product

Ola Electric is set to debut its first energy-related product, ‘Ola Shakti’, marking a shift from purely electric vehicles to energy solutions.

Key Details:

• Launch Date: October 16, 2025 (preponed from October 17)
• Announcement: Via company’s official social media platforms
• Founder’s Note: Bhavish Aggarwal described it as “intelligent, portable, and personal energy technology”

The product teaser emphasizes deep tech and personalization, positioning Ola Electric as a player in the energy space, beyond just mobility.

Stock Impact Ahead of Launch

Investor interest surged as anticipation built around Ola Shakti. The shares’ upper circuit restriction indicates strong buying sentiment.

• The rally coincides with growing market focus on energy and deep tech initiatives.
• It highlights Ola Electric’s strategy to diversify revenue streams and capture investor attention beyond its core EV business.

Summary

Ola Electric is at a pivotal moment, blending innovation in mobility with energy solutions.

Key Takeaways:

• Shares hit 5% upper circuit at Rs 52.75 on October 15
• First non-vehicle product, Ola Shakti, launches October 16, 2025
• Year-to-date stock performance down 39%, but up 33% since July low
• Marks strategic entry into the energy tech space, expanding beyond electric scooters

The launch of Ola Shakti could redefine how investors and the market perceive Ola Electric, as it ventures into the energy segment with a technology-driven product.