Ola Electric shares surge 16%, biggest 1-day gain since April; why is the stock rallying despite brokerage downgrades?

Ola Electric shares jumped 16% on October 27, their biggest single-day gain since April, as trading volumes surged and auto-sector sentiment improved. The rebound followed a steep October decline and analyst downgrades, while the stock remains down about 4% for the month.

Khabar Adda curates headlines like this across Top Stories, Entertainment, Bollywood, Hollywood, Crime and Politics from public RSS feeds. This page links out to livemint.com's own reporting rather than reproducing it — the excerpt above comes from livemint.com's own feed.