Ola Electric Mobility
Ola Electric’s stock has become a topic of discussion these days for those investing in the stock market. This stock, which was facing continuous decline for the last few months, has now made a strong comeback. At the time of closing of the stock market on May 29, 2026, this stock jumped by about 6 percent to reach Rs 41.57. In just two days, this stock has jumped by 14 percent, whereas if we look at the last six trading sessions, it has risen by about 20 percent.
If we look back a bit, the share was at its 52-week low of Rs 21.21 on March 2, 2026. Since then till now it has given a bumper return of 102 percent. If an investor had invested Rs 50 thousand in this share in the beginning of March, today his amount would have increased to Rs one lakh. After all, how did this sluggish stock suddenly come to life? Come, let us understand.
Customer service improved with loss reduction
Shares of any company rise in the market only when there are signs of improvement in its financial health. The results of March 2026 quarter have given a big relief to Ola investors. Even though the total income of the company has declined from Rs 611 crore to Rs 265 crore, the biggest positive thing is that the net loss has come down from Rs 870 crore to Rs 500 crore. Apart from this, the operating cash flow of the company has become positive for the first time.
Along with financial improvement, the company has also worked aggressively on improving its after-sales service. For some time, the sales of vehicles were being affected due to customer complaints. According to the management, there has been a huge decline of 88 percent in the service time (turnaround time) between October 2025 and March 2026. The pile of pending complaints has also reduced rapidly, due to which customer confidence is returning in the market.
Demand for two-wheelers is gaining momentum again in the market.
The demand for Ola Electric two-wheeler is gaining momentum again in the market. The company has estimated to sell 40,000 to 45,000 electric two-wheelers for the current quarter (June). Registration figures are also fully supporting this goal. In the month of April, 12,206 units were registered, while till May 28, 12,790 units were registered. Thus, more than 25,000 vehicles have been sold so far in the current quarter. This steady momentum of sales is strengthening the confidence of investors.
Company working on battery gigafactory
The company is continuously focusing on increasing its production capacity to meet future demands and challenges. According to the information given to the shareholders, Ola’s Battery Gigafactory has now reached the next phase of its expansion. A target has been set to reach commercial battery manufacturing capacity to 6 GWh by financial year 2027.
Apart from this, the company is making full use of Artificial Intelligence (AI) in its operations. Currently, Ola’s AI system is handling around two lakh connected calls every day. It is being used directly in sales and servicing related activities, due to which the work has become faster and more transparent than before.
The stock is still far away from the record level
- Below IPO price: Despite the recent rise, this stock is trading much below its IPO price of Rs 76.
- Distance from record high: At the time of listing, this share had made a record high of Rs 157, from where the current price is much lower. If we look at the overall performance of the last one year, the stock is still at a loss of about 22 percent.
- Margin pressure: Going forward, due to rising prices of raw materials, there may be pressure on the company’s gross margin in the first half of the financial year 2027.
Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsha advises its readers and viewers to consult their financial advisors before taking any money-related decisions.
