Ola Electric Mobility Limited (NSE: OLAELEC)

India flag India · Delayed Price · Currency is INR
93.98
+1.29 (1.39%)
Dec 24, 2024, 3:30 PM IST
23.66%
Market Cap 414.53B
Revenue (ttm) 57.52B
Net Income (ttm) -16.34B
Shares Out 4.41B
EPS (ttm) -4.41
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 22,427,828
Open 93.40
Previous Close 92.69
Day's Range 92.78 - 95.66
52-Week Range 66.66 - 157.40
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]

Founded 2017
Country India
Stock Exchange National Stock Exchange of India
Ticker Symbol OLAELEC
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 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...

19 days 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...

19 days 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...

23 days 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...

23 days 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...

23 days 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...

25 days 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...

4 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...

4 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...

6 weeks 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...

6 weeks 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 ...

6 weeks ago - Business Upturn

Ola Electric shares surge 3% after resolving 99.1% of consumer complaints

Ola Electric Mobility shares jumped more than 3% in morning trade after the company responded to the CCPA notice and announced in a stock exchange filing that the company had already resolved 99.1 per...

2 months ago - Business Upturn

Ola Electric shares surge over 2% after achieving 34% market share in October 2024

Ola Electric Mobility shares jumped more than 2% in morning trade after achieving a 34% market share in October 2024, with over 15,672 registrations by mid-month, according to the Vahan portal. The gr...

2 months ago - Business Upturn

Ola Electric shares surge nearly 2% following launch of ‘BOSS 72-Hour Rush’ festive discounts

Shares of Ola Electric Mobility saw a surge of nearly 2% after the company announced its special “BOSS 72-Hour Rush” promotion, offering significant discounts on its S1 portfolio of electric scooters....

2 months ago - Business Upturn

Ola Electric shares up 2.67% as company reassures no impact on business operations despite CCPA notice

Ola Electric Mobility shares jumped more than 2% in early trading after the firm stated that the Central Consumer Protection Authority’s (CCPA) show-cause notice “would not impact” its activities and ...

2 months ago - Business Upturn

Ola Electric share price falls over 3% after company receives show cause notice

Ola Electric Mobility shares dropped more than 3% in the morning after the company received a show cause notice from the Central Consumer Protection Authority (CCPA). The notice, received on October 7...

2 months ago - Business Upturn

Ola Electric receives show cause notice from Central Consumer Protection Authority

Ola Electric Mobility Limited has informed the stock exchanges that it has received a show cause notice from the Central Consumer Protection Authority (CCPA). The notice, received on October 7, 2024, ...

2 months ago - Business Upturn

Ola Electric Nosedives 8% Day After Bhavish Aggarwal-Kunal Kamra Spat

The shares of Ola Electric Mobility plunged steeply over 8% this morning, down 43% from its post-listing peak, as complaints about its flagship electric two-wheelers kept flooding social media.

2 months ago - NDTV

Ola Electric share price falls over 8% in early session

Shares of Ola Electric Mobility dropped 8.52%, trading at ₹90.61 as of 10:04 AM. The stock opened at ₹99.90 and reached an intraday high of ₹100.00 before hitting a low of ₹90.26. In the meantime, Ola...

2 months ago - Business Upturn

Ola Electric Mobility shares surge 3% during morning trade

Ola Electric Mobility’s share witnessed a significant surge on the National Stock Exchange (NSE) today, jumping more than 3% in the morning trade. Ola Electric Mobility’s stock opened at ₹118.00, slig...

3 months ago - Business Upturn

Ola Electric down 2.5% ahead of monthly sales data release

Ola Electric Mobility’s stock experienced a decline of 2.58% today, trading at ₹114.89 as of 12:43 PM. The shares opened at ₹118.50 and peaked at ₹119.95 before hitting a low of ₹114.00. The trading v...

4 months ago - Business Upturn