Ola Electric Hits Rock Bottom: Stock Down 74% from Peak

shares saw a minor bounce on 4th July 2025, rising 2.76% to close at ₹41.73. However, this comes after hitting a fresh all-time low of ₹40.40 on 3rd July. The stock has now closed negative for six consecutive weeks, reflecting sustained weakness. Despite the small rebound, the stock is still down 45% from its issue price and has crashed over 74% from its peak of ₹157.4 on 20th August 2024. While Ola Electric focuses on EV manufacturing and technology at its Futurefactory, investors remain cautious due to poor financials—ROE at -78.46%, ROCE at -37.34%, and negative earnings. These red flags continue to weigh heavily on sentiment around the stock. Disclaimer: This post is intended solely for informational purposes and should not be construed as a recommendation to buy, sell, or hold any security. Investors/Traders are advised to consult their certified financial advisor before making any investment decisions.