Ola Electric’s share price hit an all-time low of ₹43.16 on June 23, 2025, after plunging approximately 6% following a significant block deal and dismal Q4 FY25 financials. The cumulative decline now stands at over 49% year-to-date.
What Triggered the Drop
- Block Deal Fallout
Around ₹107 crore worth of Ola Electric shares (~0.5–0.8% equity) were traded in one block deal at ~₹44 per share, triggering investor alarm . - Q4 FY25 Results
- Net loss surged to ₹870 crore, more than double last year’s ₹416 crore.
- Revenue collapsed 62% YoY to ₹611 crore.
- Deliveries halved to ~51,375 units .
- Earnings Slump & Market Concerns
Q4 performance crushed investor confidence: EBITDA margins dived to -101.4%, and delivery volumes sharply declined .
Key Statistics
- New All-Time Low: ₹43.16 (BSE/NSE) .
- YTD Drop: ~49%; Down ~72% from last year’s high of ~₹157.50 .
- IPO Age: Listed at ₹76 in Aug 2024, with post-IPO price falling over 40% .
Analyst Perspectives
- SEBI-registered analysts labeled ₹42–45 as a critical “make-or-break” zone: a dip below ₹42 may spiral prices toward ₹30–₹25; a rebound above ₹56 could suggest accumulation .
- Consensus among seven tracked analysts remains ‘Hold’ with target prices close to ₹59 .
Broader Market and Strategic Context
- Hyundai and Kia exited via major block deals in early June, offloading ₹731 crore worth of equity—another overhang on stock sentiment .
- Q4’s massive losses (+₹870 crore) reflect aggressive discounting and falling demand .
- Market share has slumped—from nearly 50% in mid-2024 to just 20%, with competitors like TVS and Bajaj gaining ground .
What’s Next
- Technical Watch: ₹42–₹45 is a critical support level—watch for breach or recovery to guide strategy.
- Strategic Pivot: Ola expects to hit profitability by FY26, focusing on R&D, vertical integration, and product roadmap expansion .
- Sentiment & Regulation: Heavy discounting, service issues, and regulatory probes continue to weigh on investor confidence .
