Ola Electric Mobility Ltd (OLAELEC) is currently trading at 35.68 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Ola Electric Mobility Limited is a vertically integrated Indian electric two‑wheeler OEM that designs and manufactures scooters, motorcycles and core EV components including battery packs, motors and cells at its Ola Futurefactory and Gigafactory, selling direct-to-customer through an omnichannel network and having raised substantial public capital since its 2024 IPO. In Q3 FY26 the company reported consolidated revenue of ₹470 crore, achieved its highest consolidated gross margin at 34.3%, delivered 32,680 vehicles and produced ~72,500 cells, and management now expects gross margins to stabilize in a 35–40% range through FY27, reflecting material improvement in platform economics. Management executed a structural operating reset, cutting consolidated quarterly OPEX (including leases) from ~₹840 crore at peak to ₹484 crore in Q3 and targeting a steady state of ~₹250–300 crore within a couple of quarters, which reduces EBITDA breakeven to roughly 15,000 units per month and materially improves operating leverage. Service execution problems materially depressed sales and brand trust, but the company reports service backlogs cut ~50% (from ~14 days to 7–8 days), 80% same‑day ticket resolution, and expects warranty provisions of 2–3% for the year, indicating operational fixes are underway though brand recovery will take time. The Gigafactory is commercially operational with Bharat 4680 cell production and the launch of the Shakti energy storage product; management highlights strategic optionality to supply both its automotive business and growing BESS markets in India and globally as a longer-term revenue stream.

Over the past 52 weeks, Ola Electric Mobility Ltd has traded between a low of ₹21.21 and a high of ₹57.96. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Ola Electric Mobility Ltd has a market capitalization of approximately 16,259.60. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Ola Electric Mobility Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -9.34 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 16,259.60 Cr, Ola Electric Mobility Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Ola Electric Mobility Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Ola Electric Mobility Ltd is -9.34. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Ola Electric’s rights issue is up to ₹999.74 crore (also described as ₹1,000 crore) and is priced at ₹27 per share.

Ola Electric Mobility disclosed it received in-principle approval from stock exchanges for a proposed rights issue of up to ₹1,000 crore.

It informed BSE that its board will meet on October 6, 2026 to consider and approve the cancellation of the board meeting that was to be held on October 5, 2026.

Ola Electric has informed BSE that its board meeting is scheduled for September 28, 2026 to consider a rights issue of equity shares.