16 Oct 2025 | 3 Mins Read

Ola Electric stock reaches new high on energy storage initiative

Flipitmoney

Ola Electric Mobility shares rose 5% to Rs 55.38 after announcing Ola Shakti, a portable battery energy storage system (BESS) for home appliances and businesses. The device, priced at Rs 29,999-1,59,999, can power appliances for up to 1.5 hours and is available in four battery configurations, with deliveries set to begin on Makar Sankranti 2026.