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Ola Electric soars 44% in just two days after listing. Is GMP a reliable indicator?
Ola Electric's stock price increased by 44% two days after its market debut. The surge followed the company's notable 35% share in the electric two-wheeler market. Analysts highlighted that while GMP offers a market sentiment snapshot, it is not a definitive indicator of IPO performance. Investors remain optimistic about the green mobility sector.