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Ola Electric shares jump 7% ahead of Q2 results, extends EV-policy rally

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Summary

Ola Electric shares have rallied 9% in two sessions, adding over Rs 1,400 crore to the company's market value after the Centre made EVs its preferred choice for government staff-car procurement. Investors are now awaiting the electric two-wheeler maker's Q2 results for signs of a recovery in its business.

Description from Times of India.

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  1. Times of India Center Factuality: Mostly factual IN
    Ola Electric shares jump 7% ahead of Q2 results, extends EV-policy rally

    Ola Electric shares have rallied 9% in two sessions, adding over Rs 1,400 crore to the company's market value after the Centre made EVs its preferred choice for government staff-car procurement. Investors are now awaiting the electric two-wheeler maker's Q2 results for signs...

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