Ola Electric Mobility shares have experienced a notable increase of over 20% in the last two trading sessions, buoyed by a strong recovery in sales. The stock peaked at an intraday high of ₹28.13 on the National Stock Exchange (NSE), with trading volumes reaching 180 million shares. This surge follows the company's announcement of improved sales figures, including daily orders exceeding 1,000 units in late March 2026. Month-on-month, total vehicle registrations rose by over 50% to 10,117 units, compared to 3,973 units in February 2026. Despite this rally, the stock remains significantly below its IPO price of ₹76, down more than 60% from that level and over 80% from its peak of ₹157.40 in August 2024. Analysts suggest that while the stock has shown signs of recovery, it continues to face resistance in the ₹33-34 range, indicating a cautious outlook moving forward.