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Ola Electric Shares Surge 8.5% as Founder Unveils New EV Launches and Growth Strategy Ola Electric shares jumped over 8.5% on the NSE , touching an intraday high of ₹44.78 on Tuesday, August 19. The rally came after the company’s founder and CEO Bhavish Aggarwal revealed ambitious plans for product launches, technology innovations, and long-term growth strategies. The surge in investor sentiment reflects the company’s strong vision for the electric vehicle (EV) sector in India , backed by innovation in battery technology, supply chain diversification, and expansion into new product categories. Upcoming Launches to Drive Growth In an interview with Moneycontrol, Aggarwal confirmed that products powered by the 4680 Bharat Cell will reach customers by Navratri 2025 . The company’s state-of-the-art Tamil Nadu facility is already in full production mode ahead of the launch. According to Rajesh Mekkat, Head of Research and Development , the new 4680 Bharat Cell offers: Over 15 years of bat...

Shreeji Shipping Global IPO: Big Opportunity for Investors, Check GMP, Price Band and Expert Insights Shreeji Shipping Global IPO Overview Shreeji Shipping Global has announced its Initial Public Offering (IPO), which is fully a fresh issue of 1.63 crore equity shares .  Through this offering, the company aims to raise around ₹411 crore from the public market. Importantly, this IPO does not include any Offer for Sale (OFS) component, meaning all the proceeds will go directly into company growth and expansion. Business Model and Operations According to Swastika Investmart, Shreeji Shipping Global operates in the shipping and logistics sector , with a strong focus on dry bulk cargo services .  The company manages operations across 20 ports and jetties in India and also runs one port in Sri Lanka. While revenue has shown a downward trend in the past few years, the company’s profitability has improved due to strong cost management strategies and specialized service offerings...