Motilal Oswal Mutual Fund raised its stake in Ola Electric Mobility from 3.82% to 5.50% by acquiring 7,81,25,368 shares, crossing the 5% disclosure threshold.
India's electric vehicle manufacturer specializing in two and three-wheeler segments, Ola Electric produces complete electric vehicles alongside core components including battery packs, motors, and vehicle frames. The company operates vertically integrated manufacturing through its Futurefactory, controlling production from component manufacturing to final vehicle assembly. Founded in 2017, it addresses the growing demand for electric mobility solutions in India's commercial and personal transportation sectors.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.
