Ola Electric Mobility Limited (NSE:OLAELEC)
India
· Delayed Price · Currency is INR | Market Cap | 268.62B |
| Revenue (ttm) | 55.01B |
| Net Income (ttm) | -18.22B |
| Shares Out | 4.41B |
| EPS (ttm) | -4.58 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 19,435,098 |
| Average Volume | 36,825,752 |
| Open | 61.70 |
| Previous Close | 61.71 |
| Day's Range | 60.56 - 63.10 |
| 52-Week Range | 58.58 - 157.40 |
| Beta | n/a |
| RSI | 32.21 |
| 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]
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 StatementsNews
Ola Electric hints at lower sales and registrations amid negotiations with agencies
Ola Electric Mobility has recently informed exchanges that the company is renegotiating agreements with Rosmerta Digital Services Private Limited and Shimnit India Private Limited to streamline vehicl...
Ola Electric deliveries drop 14.8% in Q3 FY25 to 84,029 units from 98,619 in Q2 FY25
Ola Electric Mobility Limited reported a decline in vehicle deliveries for Q3 FY25 to 84,029 units, down 14.8% from 98,619 units in Q2 FY25. This marks a slowdown despite the company’s aggressive push...
Ola Electric shares drop 3% as revenue falls 19.4% YoY to Rs 1045 crore in Q3
Ola Electric Mobility’s shares dropped 3% after the company reported its Q3 FY25 financial results, revealing a wider net loss of ₹564 crore, up 50% year-over-year from ₹376 crore. The EV maker’s reve...
Ola Electric shares surge 12% in 5 days on launching Gen 3 electric scooters with up to 320 km range
Ola Electric Mobility Ltd saw its shares surge over 12% in the last five days, following the highly anticipated launch of its Gen 3 electric scooters. The new range, introduced on Friday, offers enhan...
Ola Electric launches Gen 3 scooters, prices starting from Rs 79,999
Ola Electric Mobility Limited launched its Gen 3 S1 scooter portfolio, unveiling eight new models aimed at mass and premium segments. The company announced the range’s pricing starts at ₹79,999 for th...
Why are Ola Electric shares up 13% today? Check Details
Shares of Ola Electric Mobility Ltd surged nearly 13% on January 31, trading at ₹75.45, up ₹8.66 from the previous close of ₹66.79. The stock witnessed a day range between ₹67.62 and ₹75.35, with a ma...
Ola Electric shares drop 3% amid ongoing consumer protection probe
Shares of Ola Electric Mobility dropped 3% on January 10, following a request from the Central Consumer Protection Authority (CCPA) for additional information related to consumer complaints. The CCPA’...
Ola Electric shares recover 6% from day’s low – Know More
Shares of Ola Electric Mobility recovered sharply from their intraday low, gaining 6% from the bottom to trade 0.61% higher at ₹79.64 on January 8. The stock had earlier dropped nearly 5% to ₹75.16 fo...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...