Archive · 24 Sep 2025
Ola Electric Shares Dip Amidst Strong Demand and Analyst Forecasts
Ola Electric's stock price has gone down this year, even though lots of people bought their scooters and motorcycles recently.
During a special sale, all the vehicles sold out very quickly.
Some experts think the stock might go up, but others are worried it could go down further.
One said if the stock price goes below a certain number, it could drop even more.
There's a lot of uncertainty in the stock market right now regarding Ola Electric.
Ola Electric shares fell 2.25% on Wednesday, closing at Rs 56.92.
The stock has dropped 33.99% year-to-date.
All units offered during the Ola Muhurat Mahotsav were sold out in five minutes.
The strong demand was driven by the Ola Celebrates India festive campaign.
Analysts have differing views on near-term stock performance, with support and resistance levels cited.
- Who
- Ola Electric
- What
- Shares of Ola Electric fell, despite high demand for vehicles during their 'Muhurat Mahotsav' sales.
- When
- Wednesday
- Where
- N/A
- Why
- While demand was strong during the recent festive sales campaign, stock prices declined, with analysts citing a variety of technical indicators.
- YTD Stock Performance
- Down 33.99%
- Closing Price (Wednesday)
- Rs 56.92
- Vehicles Sold Out
- All units sold out within 5 minutes of opening
- Festive Campaign
- Ola Celebrates India
- Lowest Price (S1 Scooters)
- Rs 49,999
- Promoter Stake (June 2025)
- 36.78%
