Ola Electric Shares Rise 2% Ahead of Fundraise Meet

Business Today reported that Ola Electric shares rose 2% in trading ahead of a scheduled fundraising meeting on September 5. The publication stated that Ola Electric said it had received a sanction order from the Ministry of Heavy Industries for the release of Rs 95.81 crore in incentives under the Production Linked Incentive Scheme. The coverage centers on the share movement and the company's announcement about the production incentives.