Ola Shares Crash 72% from All-Time High—Should You Buy, Sell or Hold?

Last Updated:June 25, 2025, 15:41 IST

Ola Electric shares have experienced a steep fall, dropping 72% from their record high of Rs 157.40, which was reached on Aug 20, 2024

Ola Electric Mobility shares have experienced a steep fall, dropping 72% from their record high of Rs 157.40, which was reached on August 20, 2024, just six days after listing at Rs 75 on the NSE. Since peaking, the stock has remained on a consistent downward slide, showing no clear signs of recovery.

On June 25, the stock hit a new all-time low of Rs 43.16 on the NSE, following block deals involving 0.8% of the company’s equity. Earlier in June, a large block deal worth Rs 731 crore saw the exchange of 14.22 crore shares (equivalent to 3.23% of the company’s total equity) at an average price of Rs 51.40 per share. Market reports suggest that Hyundai Motor Company was the seller in this transaction.

Weak Q4 FY25 Earnings Drag Sentiment

The stock’s sharp fall also comes in the wake of disappointing Q4 FY25 earnings. Ola Electric posted a net loss of Rs 870 crore, more than double the Rs 416 crore loss reported in the same quarter last year. Revenue from operations fell 62% YoY to Rs 611 crore, with vehicle deliveries declining to 51,375 units from 1.15 lakh in Q4 FY24.

Margins took a significant hit—auto EBITDA margin plunged to -78.6% compared to -9.3% a year ago. On a consolidated basis, the EBITDA margin stood at -101.4%, dragged by increased provisioning and weak operating leverage.

Despite these setbacks, gross margin improved marginally to 19.2%, aided by better monetisation and a rising share of Gen-3 vehicles, which offer 20% more power and extended range at 11% lower cost compared to Gen-2 models.

Full-Year Performance: FY25 Snapshot

For the full financial year FY25, Ola Electric reported the delivery of 3.59 lakh vehicles, an improvement from 3.29 lakh units in FY24. Adjusted revenue for the year stood at Rs 4,665 crore, while the consolidated EBITDA margin came in at -34.6%, underscoring the company’s ongoing struggle with profitability.

Technical Indicators Signal Oversold Zone

According to data from Trendlyne, Ola Electric’s stock is currently trading below all major exponential moving averages (EMAs). The Relative Strength Index (RSI) is hovering near 30, which is typically viewed as an oversold zone, suggesting that the stock may be undervalued in the short term, but not necessarily a reversal signal.

Analyst Ratings & Price Target

According to analyst coverage on Trendlyne, the consensus recommendation for Ola Electric Mobility is ‘Hold’, based on ratings from 7 analysts. The breakdown includes 2 ‘Strong Sell’, 1 ‘Sell’, 2 ‘Hold’, 1 ‘Buy’, and 1 ‘Strong Buy’ rating. The average 12-month price target is Rs 59, implying a potential upside of 35% from Tuesday’s closing price.

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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