OLA Electric Mobility Ltd. Share Price

Overview

OLA Electric Mobility Ltd. share price is currently ₹31.45, down by - ₹0.94 (2.9%) from its previous closing price of ₹32.39. The share price has declined -13.4% over the past month and declined -37.19% over the past year. The stock's 52-week low and high are ₹22.05 and ₹53.42, respectively. OLA Electric Mobility Ltd. has a market capitalisation of ₹ 16,760.00 Cr. The share price was last updated on 22 Oct 2026, 10:17 AM IST.

OLA Electric Mobility Ltd.
OLA Electric Mobility Ltd.
OLAELEC
 ₹0.00
- ₹0.94
2.90%
Automobile & Ancillaries
 ₹0.00(%)1D

Updated: 22 Oct 2026, 10:17:45 am IST

Market Data

Open Price

 ₹32.30

Prev. Close

 ₹32.39
 ₹31.01

Day Low

 ₹32.43

Day High

 ₹22.05

52 Week Low

 ₹53.42

52 Week High

Automobile & AncillariesAutomobile Two & Three Wheelers
CategoryMid Cap

Fundamentals

Quick Bite

Price To Earnings Ratio

-8.19

Sector PE

18.82

PB Ratio

4.30

Sector PB

4.56

EPS

-3.84

Dividend Yield

0.00

Today's Volume

15.985 M

5 Day Avg. Volume

19.635 M

PEG Ratio

-0.42

Market Cap.

₹ 16,760.00 Cr.

StockGro Trade views

Technical Analysis

Forecasts 🧭

Financials

Corporate Actions

ActionsEx-DateRecord-Date
Rights issue2 shares for every 25 shares held, at offer price of ₹27
13-Oct-202613-Oct-2026

Mutual Fund Ownership

Mutual Fund Holder
Aug 26
Shares held
Sep 26
Shares held
Motilal Oswal Large & Midcap Fund - Regular Plan - Growth13.89 Cr
14.13 Cr
(1.77%)
Motilal Oswal Flexi Cap Fund - Regular Plan - Growth9.10 Cr
9.10 Cr
no change
Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth3.41 Cr
3.41 Cr
no change
Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth3.49 Cr
2.87 Cr
(17.62%)
Mirae Asset Large & Midcap Fund - Regular Plan - Growth2.94 Cr
2.45 Cr
(16.45%)

About OLA Electric Mobility Ltd. 👋

Ola Electric Mobility Limited is an India-based electric vehicle (EV) company. The Company is engaged in building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. It manufactures EVs and certain core EV components, such as battery packs, motors and vehicle frames at the Ola Futurefactory. Its segments include Automotive and Cell. The Automotive segment includes the sale of automobiles and related services. The Cell segment encompasses the sale of cells. The Company offers a range of products, such as Ola S1 Pro, Ola S1, Ola S1 Air, Ola S1 X+, Ola S1 X (2 kWh), and the Ola S1 X (3 kWh), in addition to the Ola S1 X+, as well as a line-up of motorcycles comprising four models, Diamondhead, Adventure, Roadster, and Cruiser. It also offers various accessories, such as Buddy Step Floor Mat and Scooter Cover combo, Buddy Step and Floor Mat combo, Floor Mat and Scooter Cover combo, Helmet, Portable Charger, and Portable Charger.

Expert Opinions

Insights from SEBI-registered analysts · updated live

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THREETREND RESEARCH

THREETREND RESEARCH

17 Oct • 11:45 AM · SEBI-Registered Analyst

Ola Electric Mobility’s rights issue is important

OLAELEC
Ola Electric Mobility’s rights issue is important because the company needs additional capital to strengthen its financial position, reduce debt, support business operations, and fund future growth in the electric two-wheeler and battery business. For existing shareholders, the proposed issue price of ₹27 per share may appear attractive if the market price is significantly higher, but a discounted issue price alone does not make the investment worthwhile. The key question is whether the fresh capital will help Ola Electric improve sales, control cash burn, reduce losses, and eventually achieve sustainable profitability. The rights issue can be positive if the funds are used effectively, particularly for debt repayment and operational improvements; however, investors must also consider the company’s competitive pressure from established manufacturers, demand for its electric scooters, execution risks, and the possibility of further funding requirements. Since the rights shares are offered at a specified ratio, eligible shareholders should also calculate their entitlement, total investment, and future payment obligations before applying. The latest available Q1 FY27 results show that Ola Electric’s revenue fell 45% year-on-year to ₹455 crore, while its net loss narrowed to ₹336 crore; deliveries and revenue improved compared with the previous quarter, indicating some operational recovery, but profitability remains a major challenge.

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Naveen Kumar

Naveen Kumar

13 Oct • 11:23 PM · SEBI-Registered Analyst

Ola Electric rights issue capitalization of INR 1,000 crore

Ola Electric Mobility Limited announced a rights issue of up to 37.03 crore partly paid-up equity shares at 27 INR per share, aggregating up to 999.74 crore INR. The capital raise provides immediate liquidity of 599.84 crore INR upon application, with the remaining 399.89 crore INR due by October 31, 2027. The proceeds are earmarked for debt repayment, organic growth initiatives, and general corporate purposes. While the rights issue strengthens the balance sheet and funds ongoing operations across the Ola Futurefactory and Ola Gigafactory, it results in up to an 8% equity dilution for existing shareholders. Key risks involve execution hurdles in cell manufacturing, cash burn, and ongoing regulatory scrutiny. Stance: HOLD. Investors should participate or monitor subscription uptake while watching core operational profitability and margin expansion. Disclaimer: This analysis is for informational purposes only and does not constitute a formal recommendation or investment advice. What to watch: Subscription levels and successful completion of the rights issue timeline by November 2026. Improvement in operating margins and reduction in quarterly cash burn. Progress on the 4680 cell commercialization and PLI milestone achievements.

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THREETREND RESEARCH

THREETREND RESEARCH

13 Oct • 7:11 PM · SEBI-Registered Analyst

Ola Electric Mobility – Rights Issue Latest News:

OLAELEC
Ola Electric Mobility has approved a rights issue of approximately ₹1,000 crore to strengthen its financial position and support future growth. The company plans to issue around 37.03 crore partly paid-up equity shares at ₹27 per share, including a ₹17 premium, with an entitlement ratio of 2 rights shares for every 25 shares held. The record date is October 13, 2026, while the rights issue is scheduled to open on October 22 and close on October 30, 2026. Investors will initially pay ₹16.20 per share, with the remaining ₹10.80 payable later as per the company's schedule. Around ₹350 crore is earmarked for debt repayment or prepayment, ₹400 crore for organic growth, and the balance for general corporate purposes. Promoter Bhavish Aggarwal has also pledged a 4.32% stake to finance his participation in the issue, stating that the shares are being pledged for funding rather than sold. Positive aspect: the fundraising could improve liquidity and support expansion; key risks: the issue does not guarantee profitability, and additional shares may dilute investors who do not participate. The market impact will depend on subscription demand, financial performance and execution of the company's growth plans.

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Jeet B Bhayani (SEBI RA)

Jeet B Bhayani (SEBI RA)

13 Oct • 2:27 PM · SEBI-Registered Analyst

FADA September 2026 EV Retail Sales Record

According to data released by the Federation of Automobile Dealers Associations (FADA), India’s electric vehicle (EV) market achieved an all-time monthly high in September 2026, with retail sales reaching 3,33,634 units—a 74% year-on-year surge. Overall EV market penetration across vehicle categories expanded to approximately 13%, up from 10% in September 2025. FADA President Sai Giridhar attributed this milestone growth to festive demand, favorable running-cost economics, an expanding choice of consumer models, and strong policy support through the PM E-DRIVE initiative alongside state-level incentives. Segment-wise data highlights record volume surges across mass-market categories. Electric two-wheeler sales surged 88.67% year-on-year (and 13.16% month-on-month) to 2,07,314 units, raising segment penetration to 11.6%. Electric passenger vehicles expanded 94.56% year-on-year to a record 36,108 units, pushing passenger EV penetration to 8.5%. Meanwhile, electric three-wheelers grew 40% year-on-year to 86,024 units—maintaining a market penetration of 64.9%—and electric commercial vehicles more than doubled year-on-year with 158% growth to reach 4,188 units, driving segment penetration to nearly 4%.

OLAELEC

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MBA Investmentwala

MBA Investmentwala

13 Oct • 10:55 AM · SEBI-Registered Analyst

Ola Electric Announces ₹999.74 Crore Rights Issue

OLAELEC
Ola Electric Mobility Ltd has announced a ₹999.74 crore rights issue to raise funds from existing shareholders. The company plans to issue approximately 37.03 crore partly paid-up equity shares at ₹27 per share. Rights Issue Details Total Issue Size: ₹999.74 crore Issue Price: ₹27 per share, including a ₹17 premium Shares Offered: Approximately 37.03 crore Entitlement Ratio: 2 rights shares for every 25 fully paid-up shares held Record Date: October 13, 2026 Issue Opening Date: October 22, 2026 Issue Closing Date: October 30, 2026 Payment Structure Shareholders must pay ₹16.20 per share at the time of application. The remaining ₹10.80 per share will be payable through a subsequent call, expected on or before October 31, 2027. How Will Ola Electric Use the Funds? The proposed allocation of the proceeds includes: ₹350 crore: Debt repayment or prepayment ₹400 crore: Organic growth initiatives Remaining proceeds: General corporate purposes What Should Shareholders Consider? The rights issue gives eligible existing shareholders an opportunity to subscribe to additional shares in proportion to their current holdings. Since the shares are partly paid, investors should consider both the initial application payment and the future payment obligation. The utilisation of funds, financial position and progress in the electric vehicle business will remain important factors to monitor. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.

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Manjushri Sharma SEBI RA

Manjushri Sharma SEBI RA

12 Oct • 9:11 PM · SEBI-Registered Analyst

Ola Electric ₹1000 Crore Rights Issue ₹999.74 crore

OLAELEC
OLA Electric Mobility Limited has announced a rights issue worth approximately ₹999.74 crore to strengthen its financial position and support future business requirements. The company plans to offer approximately 37.03 crore partly paid-up equity shares at an issue price of ₹27 per share. The rights issue has a ratio of 2:25 allowing eligible shareholders to apply for two additional shares for every 25 fully paid-up shares held on the record date October 13 2026. The issue is scheduled to open on October 22 and close on October 30 2026. The payment structure requires ₹16.20 per share at application with the remaining ₹10.80 payable through the first and final call. The company intends to use the proceeds for debt repayment business expansion and general corporate purposes. Investors should carefully review the official letter of offer eligibility conditions payment obligations and potential dilution before making a decision. A discounted rights issue price does not guarantee future share-price appreciation. Important Disclaimer: This article is for informational purposes only and is not investment advice or a recommendation to participate in the rights issue. Please refer to the company's official disclosures and consult an appropriately qualified financial professional before making investment decisions.

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