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Ola Electric Share Price At All Time Low: Know Why

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📉 Key Highlights

  • All-time low: Share price dropped to ₹43.20 on BSE today, down ~6%.
  • Volume surge: ~15.5 million shares traded on BSE; ~36.6 million on NSE as the stock slid.
  • Market cap: Around ₹19,300–20,300 crore, down significantly from its 52-week high of ~₹157.
  • In % terms, it is down by about 72% from its all time high level.

📰 Why the Drop?

  • Block deals/sell-off: Large off-market transactions (~0.8% of equity) weighed on prices.
  • Poor quarterly results: Q4 FY25 losses nearly doubled to ₹870 crore with revenue plunging 59%, prompting a ~10% stock drop in May.
  • Investor exits: Hyundai and Kia recently sold their stakes (~2.5% and 0.6%) at ~₹50, triggering an additional ~8% decline.
  • Regulatory & execution concerns: Issues like insolvency petitions to subsidiaries, declining market share (~50% to ~20%), questionable sales reporting, and cost pressures have dented investor confidence.

🔍 Market Outlook

  • Analyst stance: Predominantly “hold” ratings with a 1-year target around ₹73, suggesting limited upside unless performance improves.
  • Recovery signs: The stock briefly bounced back above ₹50 in mid-March upon reports of resolving vendor disputes.

✅ Final Thoughts

  • Ola Electric is at the lowest valuation since its IPO, primarily due to weak earnings, stakeholder exits, and execution hurdles.
  • Key watchpoints:
    • Q1 FY26 performance and market share stabilization.
    • Resolution of regulatory/legal issues.
    • Restoration of investor confidence and return of institutional ownership.

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