Ola Electric’s share price plunged to a new all-time low of ₹39.76 on July 11, 2025—an almost 75% drop from its peak of ₹157.40 in August 2024. The sharp decline comes as investors brace for the company’s Q1 FY26 earnings, due July 14, amid weak demand and financial strain .
Key Reasons Behind the Slip
Several factors are dragging the stock down:
- Weak Q4 performance: FY25 Q4 net loss doubled to ₹870 crore, while revenue fell 62% to ₹611 crore .
- Falling deliveries: June EV sales dropped from 1.15 lakh to just over 51,000 units .
- Block trades & exits: A 1.29 million‑share block deal and Hyundai/Kia stake exits added to selling pressure .
Technical Outlook & Expert Advice
Analysts point to a bearish technical setup. With the stock deep in “oversold” territory and trading below major averages, the ₹38–₹42 range is crucial. Drumil Vithlani warns of a possible deeper drop if support breaks, while Mandar Bhojane advises current investors to hold with strict stop-losses—suggesting no fresh buying until a clear reversal emerges .
Watch for Q1 Results on July 14
All eyes are on Ola Electric’s Q1 FY26 results on July 14, which could shift a bearish sentiment. While analysts don’t expect a rebound soon, a marked improvement in sales or earnings could provide a much-needed catalyst .
Summary
Ola Electric’s stock has crashed nearly 75% to ₹39.76 amid weak quarterly performance, falling EV demand, and significant selling by institutional players. Investors await the Q1 results on July 14 for any signs of turnaround or further downside.
