New Delhi: Electric two-wheeler manufacturer Ola Electric's stock is witnessing a good rise in Wednesday's trading session. This morning at 10:28 am, the stock is trading at Rs 79.14 with a rise of 7.82 percent.
 

Why is Ola's share rising?

This rise in the stock came after the launch of two new ranges of electric scooters by Ola Electric Company. These two new ranges of electric scooters from Ola start at an affordable price of Rs 39000.
 

Ola's CEO gave information.

This launch has been announced by Ola CEO Bhavesh Agarwal. In fact, Bhavesh Agarwal tweeted on the social media platform Twitter, which is now X, saying, say hello to the Ola S1Z & Gig range, starting at just Rs 39,000! Affordable, accessible, and now with a portable battery pack.

Ola S1 Gig range

Talking about Ola's S1 Gig range, Ola company has launched two variants Gig and Gig Plus under it. Both these electric scooter models have been designed keeping in mind delivery persons like gig workers. The price of both these models is Rs 39,999 and Rs 49,999 respectively.

Both variants of the Ola S1 Gig range have a range of 112 km on a single charge. The top speed of these scooters is 25 km per hour and both these variants come with a removable 1.5 kW battery.
 

Ola S1Z range

On the other hand, Ola has launched two variants S1 Z and S1 Z + under the S1 Z range. Both these variants have been launched for personal use. The price of Ola S1 Z and Ola S1 Z + is Rs 59,999 and Rs 64,999 (ex-showroom) respectively.

The option of removing the l dual battery has been given in both S1 Z and S1 Z + variants. Each battery is of 1.5 kW, the range of these scooters is 75 km while the top speed is 70 km per hour.
 

19% return in 1 week

Ola Electric share has given a return of 19 percent in the last one week, whereas it has given a profit of only 6 percent in the last 1 month.
 

Ola shares 552week highh/low

The 52-week high level of Ola Electric share is Rs 157 while the 52-week low level is Rs 66. The market registration of Ola Electric Company is Rs 34942 crore.