Archive · 23 Jun 2025
Ola Electric Shares Plunge to New Low on BSE Following Block Deal
Ola Electric's stock price fell to its lowest ever.
This happened because a large block deal occurred, and the company's financial results were not good.
The company lost a lot more money this past quarter than the previous year.
Sales also went down, making investors less confident.
The stock is now worth much less than when it first became available for purchase.
Ola Electric shares hit an all-time low of Rs 43.20 on the BSE.
The stock dropped nearly 6% during intra-day trading.
A block deal involved 0.8% of the company's equity, worth approximately Rs 107 crore.
The company reported a net loss of Rs 870 crore in Q4 FY25, more than double the previous year.
Revenue from operations fell 62% year-on-year to Rs 611 crore.
- Who
- Ola Electric Mobility Ltd.
- What
- Ola Electric's stock price fell to an all-time low.
- When
- Monday (date not explicitly mentioned in article).
- Where
- On the Bombay Stock Exchange (BSE).
- Why
- Due to a block deal and poor financial performance.
Investor Concerns
Company Performance
Block Deals
Investor Concerns
Concerns over a significant block deal.
Company Performance
N/A
Financial Performance
Investor Concerns
Disappointment due to weak financial results.
Company Performance
N/A
- All-Time Low
- Rs 43.20
- Intra-day Drop
- Nearly 6%
- Block Deal (Value)
- Rs 107 crore
- Q4 FY25 Net Loss
- Rs 870 crore
- Q4 FY24 Net Loss
- Rs 416 crore
- Q4 FY25 Revenue
- Rs 611 crore
- IPO Price
- Rs 76
- 52-week High
- Rs 157.50
