The Ola Electric share price is back in focus in the stock market today after another sharp fall. The stock hit a fresh 52-week low on February 17. Weak quarterly numbers and continued pressure across time frames have kept sentiment muted.
This is now the fourth straight session of decline.
Let’s break it down clearly — what happened, why it matters, and where the numbers stand.
Market Performance: Ola Electric Share Price Under Pressure
On Tuesday, February 17, Ola Electric share price slipped 3.5% in intra-day trade. The stock touched a 52-week low of ₹27.82.
Here’s the sharper picture:
- Down 3.5% intraday on February 17
- 4th consecutive session of decline
- 12% fall in the last 4 sessions
- 61% below its 52-week high of ₹71.24 (September 2025)
- 82% below all-time high of ₹157.40 (August 2024)
- 62% below IPO price of ₹76
- 54% down in one year
- 32% down in six months
- 34% down in three months
- 25% down in one month
The Ola Electric share price has been under pressure across every short- and long-term time frame. The fall is not sudden. It has been gradual but consistent.
In the stock market today, price action reflects weak investor confidence after recent earnings.
Main News: Q3FY26 Results Trigger Sell-Off
The major trigger behind the recent fall in Ola Electric share price is its December quarter (Q3FY26) earnings.
The company reported:
Revenue
- ₹470 crore in Q3FY26
- Down 55% year-on-year
- Compared to ₹1,045 crore in Q3FY25
A 55% drop in revenue is significant. Slower EV penetration and softer demand impacted the topline.
Net Loss
- Net loss narrowed to ₹487 crore
- Compared to ₹564 crore loss in Q3FY25
While losses reduced year-on-year, the company remains in negative territory.
Deliveries
- 32,680 units delivered in Q3FY26
Volume numbers continued to remain under pressure during the quarter.
Gross Margins
- Record consolidated gross margin of 34.3%
- Up 15.7 percentage points YoY
- Up 3.4 percentage points QoQ
This was one of the standout figures in the results.
The company attributed margin expansion to:
- Vertically integrated model
- Gen 3 platform economics
- Cost discipline
- Leaner operating model
Despite lower revenue, gross margins improved sharply. That tells a story of internal cost correction.
Structural Reset: What the Company Said?
Management described Q3FY26 as a “structural reset.”
According to the company, the focus was on:
- Realigning retail footprint
- Optimising cost structure
- Strengthening service execution
- Deepening vertical integration
It also undertook:
- Store and service network optimisation
- AI-led automation adoption
The aim was to build a leaner operating structure.
Operating Cost Structure and Breakeven Plan
The company stated that over the next couple of quarters, quarterly consolidated operating expenses are expected to reduce to:
- ₹250–300 crore
With this, EBITDA breakeven is targeted at:
- Around 15,000 units per month
The company also mentioned that the current operating model could support 3–4 times volume scaling with minimal incremental operating costs as demand recovers.
For the Ola Electric share price, these targets will remain important tracking points in future quarters.
Company Details: Snapshot of Q3FY26
Here is a quick financial snapshot:
Revenue | ₹470 crore | ₹1,045 crore |
Net Loss | ₹487 crore | ₹564 crore |
Deliveries | 32,680 units | — |
Gross Margin | 34.3% | 18.6% approx (15.7 ppt lower YoY) |
Key takeaways:
- Revenue sharply lower
- Losses narrowed
- Margins improved significantly
- Volumes at 32,680 units
- Stock at 52-week low
Why Ola Electric Share Price Is Falling?
Putting the numbers together, the weakness in Ola Electric share price is largely linked to:
- 55% YoY revenue decline
- Continued net losses
- Volume pressure
- Multi-timeframe price decline
- Sentiment damage after steep fall from peak
Even though gross margins improved to 34.3%, the sharp drop in revenue weighed more heavily on sentiment in the stock market today.
Investors are reacting to visible slowdown in topline growth.
Stock Performance Since Listing
The journey of Ola Electric share price has been volatile.
- IPO price: ₹76
- All-time high: ₹157.40 (August 2024)
- 52-week high: ₹71.24 (September 2025)
- Current 52-week low: ₹27.82
An 82% correction from all-time high reflects how sharply the mood has shifted since listing.
In the stock market today, the stock trades closer to its lowest levels than its peaks.
The Bigger Picture in Stock Market Today
The stock market today is reacting more to revenue compression than to margin expansion.
Yes, gross margins improved to a record 34.3%.
Yes, net losses narrowed from ₹564 crore to ₹487 crore.
But revenue fell from ₹1,045 crore to ₹470 crore. That’s a 55% drop.
Markets respond quickly to growth slowdowns. Especially in high-expectation sectors like electric mobility.
Summary: Ola Electric Share Price at a Turning Point?
Here’s the crisp takeaway:
- Ola Electric share price at 52-week low
- Down 82% from all-time high
- Revenue down 55% YoY
- Net loss narrowed but still negative
- Gross margins at record 34.3%
- 32,680 units delivered in Q3FY26
- Structural reset underway
The stock market today is pricing in earnings weakness and slower growth.
Whether the structural reset translates into stable volumes and improved profitability will remain the key monitorable in coming quarters.
Source: Livemint
Easy & quick
Leave A Comment?