Ola Electric shares fell over 7% on June 3, after a large block deal worth Rs 731 crore took place in the morning session. Around 14.22 crore shares, or 3.23% of the company, exchanged hands at Rs 51.4 per share. This was a discount from the previous closing price of Rs 53.68.
The big question — who sold the shares? Sources say Hyundai Motor India is likely behind the block deal. Hyundai held about 2.47% stake in Ola Electric as of March.
At 10:45 am, Ola Electric shares traded around Rs 50.28 on NSE, down 6.3%. This drop reflects growing concerns as the company reported a wider net loss of Rs 870 crore in Q4 FY25, compared to Rs 416 crore a year earlier.
What Does This Mean for You?
If you’re thinking of buying Ola Electric shares or already hold some, this news might sting.
The company’s revenue dropped sharply — by 62% year-on-year — to Rs 611 crore in Q4 FY25. Sales are slowing too. Vehicle registrations fell 52%, with deliveries halving to just over 51,000 units.
It’s like Ola Electric is stuck in a traffic jam, struggling to accelerate despite the EV hype. But the management is optimistic. They aim for profitability this year, focusing on scaling revenue and improving margins.
Ola Electric’s Road Ahead
The EV maker plans to push hard in FY26. With a solid product line, deeper vertical integration, and strong R&D focus, Ola Electric hopes to lead India’s next phase of electric scooter and motorcycle adoption. They also boast a growing distribution and service network.
To put it simply: the company is betting on its future, even if the current ride feels bumpy.
Disclaimer:
This article is for informational purposes only and does not constitute investment advice. Please consult a certified financial advisor before making any investment decisions.
Also Read Geopolitical Heat Ignites Defence Stocks: Cochin Shipyard, BEML Jump 5% in 2-Day Surge
