Ola Electric share price: On Tuesday, June 3, 2025, Ola Electric shares witnessed a huge decline. The company’s shares fell by 7% intraday. This decline came after a report by CNBC TV-18, which said that 14.22 crore shares (ie 3.23% stake) in Ola Electric were sold through a block deal at a price of ₹ 51.4 per share.
According to sources, Hyundai Motor Company, which held 2.47% stake (10.88 crore shares) in Ola Electric as of March 2025, could be the seller of shares in this deal. After this news, there was pressure on the shares of Ola Electric in the market and there was panic among the investors.
Today, Ola Electric stock opened at ₹53, slightly below the previous closing price of ₹53.69. But, after the opening, it fell sharply to an intraday low of ₹49.90, which is also below the important ₹50 level. Now the stock has come very close to its 52-week low (45.55, 7 April 2025). Its price has fallen in 2 of the last 3 trading sessions, and overall it has declined by about 6% so far. Although it gained 4.55% in May, it is down more than 40% year-to-date (YTD) due to operational and regulatory challenges.
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Weak Q4 results increased difficulties
Ola Electric’s troubles increased further when the results for the March 2025 quarter came last week. The company reported a net loss of ₹870 crore, more than double the loss in the same quarter last year (₹416 crore). Revenue also fell sharply—a 62% drop year-on-year to ₹611 crore. These weak numbers have raised investors’ concerns about whether the company will be able to achieve profitability soon. This has put further pressure on the stock price.
Ola Electric facing difficulties
Ola Electric is facing many challenges apart from financial problems. The government has suspected the company of inflating the numbers by including bookings of its electric bikes and scooters that have not yet been launched in the sales figures. Apart from this, the authorities have also raided some retail stores and seized vehicles on charges of not having trade certificates and violating customer rights.
Operational problems increased trouble
Operational disturbances have also taken a blow to Ola Electric’s image. The sudden end of partnerships with registration vendors has led to delays in vehicle registrations, which has a direct impact on customer deliveries. On top of this, constant complaints of product quality have increased the workload on Ola’s service centers, leading to delays in repairs and increasing customer anger.
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Competition is increasing in the EV market
India’s electric two-wheeler market has become more competitive than ever, and Ola Electric is bearing the brunt of it. The company’s founder Bhavish Aggarwal recently admitted in an earnings call that big companies like Bajaj Auto and TVS have reduced their market share. He said, “Our market share has decreased in the last one or two quarters because market growth has been slower than our expectations, and competition has increased at every level – distribution, product and pricing.”
What will happen to Ola Electric?
With the share price continuously falling and operational problems, it will not be easy for Ola Electric to regain investors’ trust and market share. The company will have to focus on resolving its regulatory issues, improving operations and improving product quality. At present, investors are in caution mode, and the stock reaching close to 52-week low shows uncertainty.
Disclaimer: This article is for educational purposes only. Before taking any investment related decision, please consult certified financial experts.
