Ola Electric Mobility Limited (BOM: 544225)

India flag India · Delayed Price · Currency is INR
79.16
+1.20 (1.54%)
At close: Jan 7, 2025
4.17%
Market Cap 350.71B
Revenue (ttm) 57.52B
Net Income (ttm) -16.34B
Shares Out n/a
EPS (ttm) -4.41
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,949,237
Open 78.61
Previous Close 77.96
Day's Range 78.50 - 81.14
52-Week Range 66.60 - 157.53
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Feb 7, 2025

About Ola Electric Mobility

Ola Electric Mobility Limited designs, manufactures, and sells electric vehicles in India. The company provides scooters, battery packs, motors, and vehicle frames in-house, including cells. It offers charging solutions. In addition, the company operates service centers and provides roadside assistance. Ola Electric Mobility Limited was incorporated in 2017 and is based in Bengaluru, India. [Read more]

Industry Motorcycles, Bicycles, and Parts
Founded 2017
Country India
Stock Exchange Bombay Stock Exchange
Ticker Symbol 544225
Full Company Profile

Financial Performance

In 2023, Ola Electric Mobility's revenue was 50.10 billion, an increase of 90.42% compared to the previous year's 26.31 billion. Losses were -15.84 billion, 7.63% more than in 2022.

Financial Statements

News

Ola Electric Warned by India Regulator for Disclosure Lapses

Ola Electric Mobility Ltd. was warned by India’s markets regulator against posting company updates on social media before disseminating information to its investors.

10 hours ago - BNN Bloomberg

Ola Electric shares fall nearly 3% over SEBI warning letter on disclosure norms

Ola Electric Mobility Limited faced a setback as its shares dropped 3% following an administrative warning from the Securities and Exchange Board of India (SEBI) regarding violations of disclosure nor...

10 hours ago - Business Upturn

Ola Electric receives SEBI administrative warning for volations

Ola Electric Mobility Limited has received an administrative warning from the Securities and Exchange Board of India (SEBI) as per the SEBI (Listing Obligations and Disclosure Requirements) Regulation...

20 hours ago - Business Upturn

Ola Electric shares rise over 2% on dominating market leadership in electric two-wheelers

Shares of Ola Electric Mobility Ltd surged 2.03% on January 2, 2025, trading at ₹87.97, as the company continued to dominate India’s electric two-wheeler (E2W) market. Ola Electric reported impressive...

6 days ago - Business Upturn

Ola Electric shares drop nearly 4% following resignations of CMO and CTO

Ola Electric Mobility Limited witnessed its shares decline by 3.85% to ₹86.70 in early trade on December 27, following the resignation of two top executives. Anshul Khandelwal, Chief Marketing Officer...

9 days ago - Business Upturn

Stocks to Watch Today: Ola Electric, Prestige Estates, Hero MotoCorp, Fortis Healthcare, Utkarsh Small Finance Bank and more

The stock market remains abuzz with significant investments, key deals, and corporate actions. Here’s a roundup of stocks to keep an eye on during today’s trading session: Corporate Developments Ola E...

9 days ago - Business Upturn

Ola Electric Opens 3,200 Stores Amid Year of Consumer Complaint Woes

Ola Electric Mobility Ltd. announced opening of 3,200 new stores in a single day, as India’s biggest e-scooter maker seeks to expand its local footprint and address customer frustration related to sho...

14 days ago - BNN Bloomberg

Ola Electric Mobility shares fall 2% as company gets fresh CCPA showcause notice

Ola Electric Mobility’s shares dropped 2% on December 4, 2024, following a fresh communication from the Central Consumer Protection Authority (CCPA). This marks the latest development in an ongoing re...

4 weeks ago - Business Upturn

Ola Electric receives further document requests from CCPA following show cause notice

Ola Electric Mobility Ltd. has recently informed exchanges that the company received further communication from the Central Consumer Protection Authority (CCPA) on December 4, 2024. This follows the p...

4 weeks ago - Business Upturn

Ola Electric Mobility’s market cap rises Rs 1,210.77 crore as shares gain 3%

Shares of Ola Electric Mobility Limited surged by 3.13% today, closing at ₹90.15, up from the previous close of ₹87.41. This increase added an estimated ₹1,210.77 crore to the company’s market capital...

5 weeks ago - Business Upturn

Ola Electric shares drop over 5% as market share dips below 25% in November

Shares of Ola Electric Mobility Ltd fell by 5.61% to ₹82.51 in early trade on Monday, following a sharp decline in its market share and sales in November 2024. The company’s market share dropped below...

5 weeks ago - Business Upturn

Auto sector stocks: Ola Electric Mobility (+22.05%), Hyundai Motor (+3.96%) lead; Bajaj Auto (-5.83%), M&M (-4.52%), Eicher Motors (-3.46%) lag this week

The auto sector witnessed a mixed performance during the trading week from November 24 to November 29, 2024. While electric vehicle and passenger car companies showed significant gains, some tradition...

5 weeks ago - Business Upturn

Ola Electric Mobility’s shares surged over 22% this week – Know more

Shares of Ola Electric Mobility surged by 22.63% this week, closing at ₹87.41 on November 29, 2024. The stock saw a strong rally midweek, with a 19.99% jump on November 27, closing at ₹88.10, before s...

5 weeks ago - Business Upturn

Citi prefers Ola Electric over Bajaj Auto and TVS Motors in the 2-wheeler EV space

Citi Research has initiated a “Buy” call on Ola Electric Mobility Ltd. with a target price of ₹90, highlighting its dominance in India’s electric two-wheeler (E2W) market and positioning it ahead of t...

6 weeks ago - Business Upturn

Ola Electric shares surge nearly 13% after Citi initiates ‘Buy’ call with a Rs 90 target

Ola Electric Mobility Ltd. (Ola Electric) witnessed a sharp rise of 12.95% in its stock price today, reaching ₹82.93, following Citi Research’s ‘Buy’ initiation with a target price of ₹90. Citi’s repo...

6 weeks ago - Business Upturn

Ola Electric shares fall 2% as Q2 earnings miss estimates

Ola Electric Mobility Limited announced its Q2 FY25 financial results, showing substantial revenue growth alongside a reduction in net loss. Despite these improvements, the earnings fell short of esti...

2 months ago - Business Upturn

Ola Electric's loss narrows to Rs495cr in July-Sept

Ola Electric Mobility saw a smaller loss in the recent quarter. Their revenue increased, helped by selling more electric scooters. They sold 98,619 scooters, a big jump from last year. Ola Electric is...

2 months ago - The Times of India

Ola Electric Mobility Q2 FY25 Results: Revenue surges 39% YoY to ₹1,214 Crore, Net loss narrows to ₹495 Crore vs ₹524 Crore YoY

Ola Electric Mobility Limited has announced its financial results for the quarter ended September 30, 2024. The company posted significant growth in revenue, along with a reduction in its net loss on ...

2 months ago - Business Upturn