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Ola Electric Mobility Ltd share price logo

Ola Electric Mobility Ltd Share Price

(OLAELEC)

₹84.711.75%

as on 04:02PM, 02 Jan 2025

🔔 Leadership Alert

Ola Electric faces leadership instability with key executive resignations and a decline in market share to 19% in December.

Overview
News
Financials
Q3 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 of13.86%

High

₹137

Target

₹98.17

Low

₹62

Ola Electric Mobility Ltd target price ₹98.17, a slight upside of 13.86% compared to current price of ₹84.71. According to 6 analysts rating.

Source: S&P Global Market Intelligence

Ola Electric Mobility Ltd Performance

  • Day's Low

    Day's High

    ₹83.58
    Day's Price Range
    ₹88.59
  • 52 Week's Low

    52 Week's High

    ₹66.66
    52-Week Price Range
    ₹157.4
1 Month Return-7.58 %
3 Month Return-13.14 %
1 Year Return-5.46 %
Previous Close₹86.22
Open₹86.24
Volume3.76Cr
Upper Circuit-
Lower Circuit-
Market Cap₹38,030.18Cr

Ola Electric Mobility Ltd Key Statistics

P/E Ratio-22.75
PEG Ratio56.87
Market Cap₹38,030.18 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₹38,030.18 Cr-1.09%0.00-₹1,585 Cr₹5,009 Cr
BUY₹65,431.70 Cr33.05%0.64₹2,696 Cr₹46,542 Cr
BUY₹83,686.80 Cr14.45%0.52₹3,742 Cr₹37,788 Cr
HOLD₹36,913.51 Cr86.62%0.51₹1,049 Cr₹8,849 Cr

About Ola Electric Mobility Ltd



Share Price: ₹84.71 per share as on 02 Jan, 2025 04:02 PM
Market Capitalisation: ₹38,030.18Cr 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 Faces Market Share Decline and Losses - 01 Jan, 2025

    Ola Electric Mobility's stock faced a decline of 3.06% on December 30, continuing a three-day losing streak. The company's market share dropped to 19% in December due to increased competition. Despite a 39.1% YoY sales increase to Rs 12.1 billion in Q2 FY25, Ola reported a net loss of Rs 4.9 billion.
  • Ola Electric Faces Leadership Crisis Amid Sales Decline - 31 Dec, 2024

    Ola Electric's stock faced pressure due to high-profile executive resignations and declining sales, despite Goldman Sachs' bullish outlook and strong annual registrations.
  • Ola Electric Mobility Reports Revenue Growth Amid Losses - 28 Dec, 2024

    Ola Electric Mobility Limited's shares closed at Rs. 88.98, down 4.89%. The company reported a 39% revenue increase to Rs. 1,214 Crores, but also recorded a loss reduction from Rs. 524 Crores to Rs. 495 Crores.
  • Ola Electric Faces Leadership Shakeup Amid Departures - 27 Dec, 2024

    Ola Electric Mobility Ltd experiences significant leadership changes with the resignation of its CMO and CTO, adding to a wave of over 500 employee exits. The company is also expanding its service network, opening 3,200 new stations, while reporting a 5% reduction in losses year-on-year for Q2FY25.
  • Ola Electric Expands Store Network Amid Challenges - 25 Dec, 2024

    On December 25, 2024, Ola Electric announced a significant expansion to 4,000 stores while facing regulatory scrutiny and a widening net loss of ₹1,584 crore in FY24. The company aims to improve service and customer experience following complaints about delays. Despite challenges, Ola continues to innovate with new EV offerings and promotional campaigns.
  • Ola Electric's IPO Oversubscribed, New Scooter Launched - 24 Dec, 2024

    Ola Electric Mobility's IPO raised Rs 6,145 crore and was oversubscribed by 4.3 times. Additionally, the company launched the exclusive S1 Pro Sona Edition scooter.
  • Ola Electric's Stock Decline Affects Bhavish Aggarwal's Wealth - 23 Dec, 2024

    Bhavish Aggarwal's net worth is approximately Rs 13,000 crore, reflecting a decline in Ola Electric's stock price from its peak of Rs 157 per share.
  • 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.

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

    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

    Price Dip

    img

    In the last 7 days, OLAELEC stock has moved down by -7.8%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.64% to 4.18% 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

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

₹16,616.37

0.9 (148.5%)

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 (-22.75x)

January 1, 2025

Industry (35.00x)

January 1, 2025

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

Bearish

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

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Ola Electric Mobility Ltd (OLAELEC) share price today is ₹84.71

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 ₹88.59.
  • Today’s lowest price of Ola Electric Mobility Ltd is ₹83.58.

PE Ratio of Ola Electric Mobility Ltd is -22.75

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 3.76Cr.

Today’s market capitalisation of Ola Electric Mobility Ltd(OLAELEC) is ₹38030.18Cr.

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

Ola Electric Mobility Ltd(OLAELEC) share price is ₹84.71. It is down -46.18% from its 52 Week High price of ₹157.4

Ola Electric Mobility Ltd(OLAELEC) share price is ₹84.71. It is up 27.08% from its 52 Week Low price of ₹66.66

Ola Electric Mobility Ltd(OLAELECReturns
1 Day Returns
-1.51%
1 Month Returns
-7.58%
3 Month Returns
-13.14%
1 Year Returns
-5.46%