Mumbai, Sept. 5 -- The stock has shed 12.92% over the two sessions but remains 51.72% above its record low of Rs 39.58 hit on 14 July 2025. It touched a recent high of Rs 68.96 on 3 September 2025.

The latest slump comes after Masayoshi Son-led SoftBank Group pared its stake in the company. According to a regulatory filing, SoftBank's investment arm SVF II Ostrich (DE) LLC sold 9.49 crore equity shares, representing 2.15% of Ola Electric's equity, between July 15 and September 2. The sale crossed the 2% threshold requiring disclosure under SEBI's takeover regulations.

Prior to the transaction, SoftBank held 78.66 crore shares or 17.83% of the company's paid-up capital. Post-sale, its stake stands at 69.16 crore shares or 15.68%. Despite...