Ola Electric Share Price Drops 12% in Two Sessions as SoftBank Cuts Stake | Stock Market Today

Market Performance

Ola Electric share price continued to stay under pressure in the stock market today. After a sharp fall of 6% on Friday, September 5, the stock extended its losing streak for the second straight session. In just two days, the stock has lost nearly 12%.

The sell-off came after Japan’s SoftBank Group reduced its holding in the EV maker, triggering a wave of negative sentiment among investors.

Main News: SoftBank Trims Stake in Ola Electric

SoftBank, through its investment arm SVF II Ostrich (DE) LLC, pared down its stake in Ola Electric Mobility Ltd from 17.83% to 15.68%.

• Shares sold: 94.9 million equity shares
• Timeline: Between July 15 and September 2, 2025
• Sale route: Open market transactions
• Disclosure trigger: Breach of 2% threshold under SEBI takeover regulations

Before the transaction, SoftBank held 786.6 million shares (17.83%). Post-sale, its shareholding stands at 691.6 million shares (15.68%).

Despite the trimming, SoftBank remains the second-largest shareholder, just behind Ola’s founder and chairman Bhavish Aggarwal, who owns 30.02% as of the June quarter.

Ola Electric Share Price Movement

The stock reaction has been sharp following the stake cut:

• September 5 intraday low: ₹60.70 (down 6%)
• Two-day fall: 12% decline
• September gains: Still up 16% month-to-date
• August rally: Jumped 31% last month

On a yearly and broader basis:

• Year-to-date (2025): Down 29%
• One-year performance: Down 42%
• 3-month performance: Gained 27%
• 6-month performance: Up 9%

The stock remains far below its 52-week high of ₹123.90 (September 2024), but is comfortably above its 52-week low of ₹39.58 (July 2025).

Ola Q1 FY26 Earnings Snapshot

While the share price is under pressure, Ola’s Q1 results showed some improvement on the losses front.

• Revenue: ₹828 crore (down 49.6% YoY from ₹1,644 crore)
• Net Loss: ₹428 crore (narrower compared to ₹870 crore in Q4FY25 and ₹347 crore in Q1FY25)

The sharp revenue decline weighed on sentiment, even though the company managed to reduce its quarterly losses.

Summary

The Ola Electric share price has dropped 12% in just two sessions after SoftBank cut its stake to 15.68%. The stock remains volatile, balancing between short-term weakness and selective longer-term gains.

Key highlights investors are tracking:

• SoftBank trims stake via open market sale
• Stock down 12% in 2 sessions
• Still up 16% in September despite recent fall
• Q1FY26 revenue falls nearly 50% YoY
• Net loss narrows to ₹428 crore

The developments keep Ola Electric in focus for the stock market today, as traders weigh SoftBank’s stake cut against the company’s financial performance.