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Ola Electric Mobility Ltd share price logo

Ola Electric Mobility Ltd

(OLAELEC)

₹93.671.52%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Ola Electric Mobility Ltd Analyst Rating

based on 6 analysts

BUY

71.43%

Buy

0.00%

Hold

28.57%

Sell

Based on 6 analysts offering long term price targets for Ola Electric Mobility Ltd. An average target of ₹98.17

Source: S&P Global Market Intelligence

Ola Electric Mobility Ltd Share analysis

Ola Electric Mobility Ltd price forecast by 6 analysts

Upside of3.21%

High

₹137

Target

₹98.17

Low

₹62

Ola Electric Mobility Ltd target price ₹98.17, a slight upside of 3.21% compared to current price of ₹93.67. According to 6 analysts rating.

Source: S&P Global Market Intelligence

Ola Electric Mobility Ltd Performance

  • Day's Low

    Day's High

    ₹92.13
    Day's Price Range
    ₹97.83
  • 52 Week's Low

    52 Week's High

    ₹66.66
    52-Week Price Range
    ₹157.4
1 Month Return+ 41.53 %
3 Month Return-12.05 %
1 Year Return+ 4.3 %
Previous Close₹95.12
Open₹95.60
Volume3.83Cr
Upper Circuit-
Lower Circuit-
Market Cap₹42,529.22Cr

Ola Electric Mobility Ltd Key Statistics

P/E Ratio-25.1
PEG Ratio62.74
Market Cap₹42,529.22 Cr
P/B Ratio0
EPS0
Dividend Yield0
SectorAutomobile
ROE0

Ola Electric Mobility Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹42,529.22 Cr0.86%0.00-₹1,585 Cr₹5,009 Cr
BUY₹87,788.79 Cr16.42%0.52₹3,742 Cr₹37,788 Cr
BUY₹65,434.64 Cr34.57%0.64₹2,696 Cr₹46,542 Cr
HOLD₹37,600.43 Cr85.1%0.51₹1,049 Cr₹8,849 Cr

About Ola Electric Mobility Ltd



Share Price: ₹93.67 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹42,529.22Cr as of today
Revenue: ₹1,214.00Cr as on September 2024 (Q3 24)
Net Profit: ₹-495.00Cr as on September 2024 (Q3 24)
Listing date: 09 Aug, 2024
OrganisationOla Electric Mobility Ltd
Headquarters
IndustryAutomobile
E-voting on sharesClick here to vote

Key events for Ola Electric Mobility Ltd

  • Ola Electric Expands Network to 4,000 Stores - 19 Dec, 2024

    Ola Electric plans to open 4,000 stores by December 25, 2024, as part of its #SavingsWalaScooter campaign, aiming to enhance EV accessibility across India. This expansion is expected to alleviate customer service issues and promote electric vehicle adoption amid rising petrol prices.
  • Ola Electric Achieves Major Sales Milestone - 17 Dec, 2024

    Ola Electric has reached a significant milestone by selling 4 lakh electric two-wheelers in 2024, marking a 50% year-on-year increase. This achievement solidifies its position as a leading player in the Indian EV market with a 36% market share.
  • Ola Joins E-Commerce Safety Pledge Initiative - 14 Dec, 2024

    Ola, along with other major e-commerce platforms, will adopt a Safety Pledge on December 24, 2024, to improve product safety for online shoppers.
  • Ola Electric Faces Leadership Change in HR - 13 Dec, 2024

    N Balachandar, the chief people officer of Ola Group, has resigned, affecting HR operations across Ola Electric and its associated companies. This leadership change may influence company dynamics.
  • Ola Electric Reports Revenue Growth Amid Losses - 11 Dec, 2024

    Ola Electric Mobility Limited's shares rose 1.37% to Rs. 95.85. The company reported a 39% revenue increase to Rs. 1,214 Crores in Q2FY25, despite a loss reduction from Rs. 524 Crores to Rs. 495 Crores.
  • Rajendra Bhat Appointed Service Head at Ola Electric - 10 Dec, 2024

    Rajendra Bhat, formerly of TVS Motor, has been appointed as the Service Head for Ola Electric, effective December 6. He will report to COO Shaun Calvert.
  • Ola Electric Shares Decline Amid Consumer Complaints - 09 Dec, 2024

    Ola Electric shares fell 3.78%, marking a two-day decline. The company faces scrutiny from the CCPA over consumer complaint handling, impacting investor sentiment.
  • Ola Electric Reports Growth Amid Market Challenges - 08 Dec, 2024

    Ola Electric Mobility reported a 38.5% revenue increase driven by higher deliveries. The company plans to expand its store network significantly while leading the EV market share despite sales declines.
  • Ola Electric Faces Scrutiny Over Customer Complaints - 06 Dec, 2024

    Ola Electric is under scrutiny from the CCPA for unresolved customer complaints, leading to a 3% drop in shares. Despite claims of high resolution rates, customer dissatisfaction persists, prompting further investigation.
  • Ola Electric Faces CCPA Scrutiny Over Complaints - 05 Dec, 2024

    Ola Electric Mobility is under investigation by the CCPA for consumer complaints and unfair trade practices. The company has received multiple showcause notices and requests for additional documentation. Despite challenges, Ola Electric's stock has shown some recovery from record lows.
  • Ola Electric Expands Stores Amid Challenges and Innovations - 04 Dec, 2024

    Ola Electric Mobility is set to expand its store count significantly while facing customer complaints. The company will also introduce in-house battery production for its scooters by April 2025.
  • Ola Electric Announces Major Expansion Plans - 03 Dec, 2024

    Ola Electric Mobility aims to increase its store count to 4,000 by December 2024, significantly boosting its distribution network. The stock has surged over 50% from its all-time low, driven by positive investor sentiment following the expansion announcement and the launch of new electric scooters.
  • Ola Electric Announces Major Store Expansion Plans - 02 Dec, 2024

    Ola Electric aims to quadruple its store network to 4,000 locations by December 20, 2024, enhancing EV accessibility. Despite recent market share fluctuations, the company remains optimistic about its growth strategy and new product launches.
  • Ola Electric Shares Surge After New Launches - 01 Dec, 2024

    Ola Electric Mobility's shares rebounded after launching scooters for gig workers, hitting a 22.05% gain and closing at ₹87.25, reflecting growing interest in electric mobility.
  • Ola Electric Faces Challenges Amid Market Leadership - 30 Nov, 2024

    Ola Electric Mobility is grappling with customer satisfaction issues, a significant drop in sales, and senior-level talent retention challenges. Despite leading the market with a 37% share year-to-date, the company faces growing complaints and competition, prompting concerns about its future performance.
  • Ola Electric Stock Soars After New Scooter Launch - 28 Nov, 2024

    Ola Electric's stock experienced significant gains following the launch of affordable electric scooters targeting gig workers, boosting its market cap by $1 billion. The stock reached a seven-week high, reflecting positive investor sentiment and brokerage recommendations.
  • Ola Electric Shares Surge on New Scooter Launch - 27 Nov, 2024

    Ola Electric Mobility shares jumped 20% following the launch of its Gig and S1 Z electric scooters, aimed at gig workers and urban commuters. The new models are priced affordably, enhancing market appeal. Citi initiated coverage with a target price of Rs 90, citing strong growth potential despite recent service issues.
  • Ola Electric Launches Affordable E-Scooters, Stock Rises - 26 Nov, 2024

    Ola Electric launched its new Gig and S1 Z range of scooters, starting at Rs 39,999, aimed at enhancing electric mobility. Following the announcement, the stock surged by 5.67%, reflecting positive market sentiment and a regained market share of 31% in October.
  • Ola Electric Faces Consumer Complaints and Stock Decline - 25 Nov, 2024

    Ola Electric is under investigation by the CCPA for consumer rights violations amid numerous complaints about service and product quality. The stock has plummeted 56% from its peak, reflecting growing consumer dissatisfaction.
  • Ola Electric Teases New Battery and Two-Wheeler - 24 Nov, 2024

    Ola Electric's CEO Bhavish Aggarwal teased a swappable battery and a new electric two-wheeler, aimed at improving user experience and convenience in the EV market.

Insights on Ola Electric Mobility Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, OLAELEC stock has moved up by 39.1%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 42.32% to 48.40% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 36.78% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 5.19% to 4.62% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.64% to 4.18% in Sep 2024 quarter

Ola Electric Mobility Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹873.00Cr (-)₹1,296.00Cr (↑48.45%)₹1,598.00Cr (↑23.30%)₹1,644.00Cr (↑2.88%)₹1,214.00Cr (↓26.16%)
Net Income-₹524.00Cr (-)-₹379.00Cr (↓27.67%)-₹416.00Cr (↑9.76%)-₹347.00Cr (↓16.59%)-₹495.00Cr (↑42.65%)
Net Profit Margin-60.02% (-)-29.24% (↓51.28%)-26.03% (↓10.98%)-21.11% (↓18.90%)-40.77% (↑93.13%)
Value in ₹ crore
Details2020202120222023
Total Assets₹2,178.96Cr (-)₹2,151.81Cr (↓1.25%)₹4,471.95Cr (↑107.82%)₹4,710.54Cr (↑5.34%)
Total Liabilities₹48.92Cr (-)₹83.21Cr (↑70.09%)₹151.59Cr (↑82.18%)₹262.06Cr (↑72.87%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹109.85Cr (-)-₹183.71Cr (↑67.24%)-₹311.50Cr (↑69.56%)-₹87.47Cr (↓71.92%)- (↓100.00%)

Index Inclusions

BSE IPO

₹16,279.53

-1.42 (-233.99%)

Ola Electric Mobility Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
36.78%
0.00
Foreign Institutions
4.18%
-45.24
Mutual Funds
4.62%
-11.01
Retail Investors
48.4%
14.36
Others
6.02%
-25.41

Ola Electric Mobility Ltd Key Indicators

Details20222023
Return On Assets %-17.53-31.25

Ola Electric Mobility Ltd Valuation

Ola Electric Mobility Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-27.78x)

August 19, 2024

Today (-25.10x)

December 19, 2024

Industry (35.63x)

December 19, 2024

Highest (-17.31x)

August 9, 2024

LowHigh

Ola Electric Mobility Ltd Earnings and Dividends

  • Ola Electric Mobility Ltd Earnings Results

    Ola Electric Mobility Ltd’s net profit jumped 5.53% since last year same period to ₹-495Cr in the Q2 2024-2025. On a quarterly growth basis, Ola Electric Mobility Ltd has generated -42.65% fall in its net profits since last 3-months.

    Read More about Earnings Results

Ola Electric Mobility Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Ola Electric Mobility Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Ola Electric Mobility Ltd (OLAELEC) share price today is ₹93.67

Ola Electric Mobility Ltd is listed on NSE

Ola Electric Mobility Ltd is listed on BSE

  • Today’s highest price of Ola Electric Mobility Ltd is ₹97.83.
  • Today’s lowest price of Ola Electric Mobility Ltd is ₹92.13.

PE Ratio of Ola Electric Mobility Ltd is -25.1

PE ratio = Ola Electric Mobility Ltd Market price per share / Ola Electric Mobility Ltd Earnings per share

Today’s traded volume of Ola Electric Mobility Ltd(OLAELEC) is 3.83Cr.

Today’s market capitalisation of Ola Electric Mobility Ltd(OLAELEC) is ₹42529.22Cr.

Ola Electric Mobility Ltd(OLAELECPrice
52 Week High
₹157.4
52 Week Low
₹66.66

Ola Electric Mobility Ltd(OLAELEC) share price is ₹93.67. It is down -40.49% from its 52 Week High price of ₹157.4

Ola Electric Mobility Ltd(OLAELEC) share price is ₹93.67. It is up 40.52% from its 52 Week Low price of ₹66.66

Ola Electric Mobility Ltd(OLAELECReturns
1 Day Returns
-1.45%
1 Month Returns
41.53%
3 Month Returns
-12.05%
1 Year Returns
4.3%