Archive · 23 Jul 2025
Ola Electric Shares Rebound After Dip; Analysts Weigh In
Ola Electric's stock price went up after falling for a week.
Although it went up 7%, the stock is still down a lot this year.
The company also reported a loss for the last financial quarter, with lower income compared to last year.
Some experts think the stock might go up more if it can stay above a certain price.
Others say that investors should be careful, with stop-loss levels to protect their investments.
Ola Electric shares rebounded 7% on Wednesday, ending a six-session losing streak.
The stock is still down 50.61% year-to-date in 2025.
Ola Electric reported a wider YoY consolidated net loss of Rs 428 crore for Q1 FY26.
Revenue from operations decreased 49.64% YoY to Rs 828 crore.
Analysts suggest support around Rs 40-39, with resistance at Rs 43.
- Who
- Ola Electric Mobility Ltd.
- What
- Ola Electric shares rebounded after a losing streak.
- When
- Wednesday, after a six-session slide and for Q1 FY26.
- Where
- N/A
- Why
- The company's stock performance is being analyzed by experts, highlighting financial results and potential trading strategies.
Bullish Outlook
Bearish Outlook
Analyst Sentiment
Bullish Outlook
The stock has bottomed out near Rs 39.50, forming a double bottom pattern.
Bearish Outlook
A decisive close above Rs 46-49 is still needed to build conviction.
- Stock Increase
- 7.37%
- Current Price
- Rs 42.59
- YTD Change
- -50.61%
- Q1 FY26 Loss
- Rs 428 crore
- Q1 FY26 Revenue
- Rs 828 crore
- Support Level
- Rs 40-39
- Resistance Level
- Rs 43