Market Performance
The Ola Electric share price today remained under pressure in Thursday’s trading session. The stock slipped 4.29% to hit a fresh low of ₹31.49 on the NSE, extending its recent losing streak in the Indian stock market.
This move came amid continued selling pressure and fresh developments around promoter-level stake transactions. Over the last five sessions, Ola Electric shares have declined nearly 12%, while the fall over the past month has crossed 24%.
Since listing, the slide has been sharper. The stock is now down 59% from its IPO price band of ₹76, making the current phase one of the toughest since its market debut.
Main News: Promoter Bhavish Aggarwal Sells Additional Stake
The latest dip in Ola Electric share price news followed confirmation that promoter Bhavish Aggarwal sold additional shares on Wednesday, December 17.
Key details of the stake sale:
- Shares sold on December 17: 4.2 crore
- Shares sold a day earlier: 2.6 crore
- Total value of recent transactions: ₹234 crore
The company clarified that the Ola Electric promoter stake sale was carried out to fully repay a ₹260 crore loan taken at the promoter level. According to the disclosure, this was a one-time and limited monetisation of the founder’s personal holding.
Importantly, once these transactions are completed, all 3.93% of the previously pledged shares will be released, removing a long-standing overhang linked to pledged equity.
Ola Electric Promoter Stake Sale News: Why It Matters
Promoter actions often influence short-term market sentiment, especially in newly listed stocks. In this case, the disclosure brought clarity on intent.
The company stated clearly that:
- The stake sale was not recurring
- It was done solely to repay debt
- No additional pledging will remain post completion
Despite this clarification, the Ola Electric share price continued to reflect broader weakness and investor caution.
Retail Shareholding Snapshot
Even as the stock price has weakened, retail participation has grown steadily.
As per company data:
- Retail shareholders (Sept 2024): 14.1 lakh
- Retail stake (Sept 2024): 8%
- Retail shareholders (Sept 2025): 19 lakh
- Retail stake (Sept 2025): 17.3%
This sharp rise highlights increasing retail ownership in Ola Electric shares, even amid volatility.
Ola Electric Financial Performance: Q2 FY26
In its latest quarterly update, Ola Electric news around earnings showed mixed trends.
Key financial data for Q2 FY26:
- Consolidated loss: ₹418 crore
- (vs ₹495 crore in the year-ago quarter)
- Revenue from operations: ₹690 crore
- (down 43% YoY from ₹1,214 crore)
On the operating front, the company reported:
- Auto EBITDA profitability achieved for the first time
- Gross margin: 30.7%
- (up 510 basis points sequentially)
- Operating expenses: Cut by ~52% QoQ
The auto business also turned cash-generative, with underlying operating cash flows of ₹15 crore. However, this translated into a reported ₹40 crore outflow due to a one-time festive inventory build-up.
Summary
The latest Ola Electric share price news reflects a combination of sharp post-IPO correction and near-term pressure from promoter-level stake sales. While Bhavish Aggarwal’s stake sale was positioned as a one-time move to repay debt and remove pledged shares, market sentiment remains cautious.
With the stock now trading 59% below its IPO price band, the focus stays on price movement, promoter actions, and reported financials as Ola Electric shares continue to navigate a volatile phase in the Indian stock market.
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