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Ola Electric Stock Plummets 60% Amidst Losses
11 Dec
Summary
- Ola Electric shares dropped 60% in 2025, hitting a 52-week low.
- Foreign investors reduced stakes, while domestic funds increased holdings.
- The company reported a Rs 418 crore loss in Q2 FY26 with sales down 43%.
Ola Electric Mobility has experienced a tumultuous 2025, marked by a significant drop in its share value. The stock has fallen approximately 60% year-to-date, recently hitting a new 52-week low. This decline reflects underlying financial and market pressures faced by the electric vehicle maker.
Investor sentiment appears divided. Foreign Portfolio Investors have notably decreased their stake, reducing their holdings from 4.47% to 3.24%. Conversely, domestic Mutual Funds have adopted a contrarian approach, raising their stake from 2.56% to 5.51%. Meanwhile, promoters have maintained their stake but have pledged a portion, a move often associated with funding requirements.
Financially, the company continues to report substantial losses, with a net loss of Rs 418 crore in the September 2025 quarter. Revenue has also seen a sharp decline, slipping 43% year-on-year. Technical indicators suggest a strong bearish trend, although the stock's oversold status might hint at a potential short-term rebound.
