Ola Electric Slides 5.7% As Brokerages Stay Bearish Despite Lower Q4 Loss
India, May 21 -- Shares of Ola Electric fell as much as 5.7% to touch an intraday low of Rs.34.8 on the BSE today as investor sentiment remained weak following bearish brokerage commentary after its Q4 results.
The stock later pared some losses and was trading 3.7% lower at Rs.35.5 at 11:47 IST. The company's market capitalisation stood at Rs.15,684.9 Cr (about $1.6 Bn).
Shares of Ola Electric have slipped over 6% so far in 2026 and are down 31% on a one-year basis.
The decline in the stock came even as the EV maker reported a 43% decline in consolidated net loss to Rs.500 Cr in Q4 FY26 from Rs.870 Cr a year ago. However, sequentially, loss widened 3% from Rs.487 Cr in the December quarter.
Operating revenue plunged 57% YoY and 44% Qo...
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