Economic TimesLean R·
Centre's EV push puts electric mobility stocks in the fast lane; M&M, Ola Electric lead rally with gains of up to 5%
Shares of automobile and electric vehicle companies gained on Wednesday, November 11, following the Centre's decision to make electric vehicles the default choice for staff-car procurement by government ministries and departments, while doubling the Net Dealer Price (NDP) ceiling for electric cars to Rs 20 lakh. Mahindra & Mahindra (M&M) and Ola Electric Mobility emerged among the top gainers in the sector, with the former leading the rally with an intra-day gain of nearly 5%.M&M cl…
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