Ola Electric Shares Plunge 7% as Sales Lag, but Helios Mutual Fund Adds to Portfolio

1 min read     Updated on 21 Aug 2025, 10:42 AM
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Reviewed by
Suketu GalaBy ScanX News Team
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Overview

Ola Electric's shares dropped 7.2% to Rs 49.48 following VAHAN registration data showing the company's sales falling behind competitor Ather Energy. Ola recorded 9,522 vehicle registrations compared to Ather's 10,248 as of August 20. The decline comes after a recent two-day rally that had pushed the stock up by 29%. The company reported a consolidated net loss of 428 and revenues of 828 in its recent quarterly results, with gross margins improving to 26%. Despite market challenges, Helios Mutual Fund has added Ola Electric to its portfolio, citing potential in the EV two-wheeler space.

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*this image is generated using AI for illustrative purposes only.

Ola Electric Mobility , a prominent player in India's electric vehicle (EV) market, experienced a significant setback as its shares tumbled 7.2% to Rs 49.48. The decline comes in the wake of recent VAHAN registration data, which revealed that Ola Electric's sales have fallen behind its competitor, Ather Energy.

Sales Slip Behind Competitor

According to the latest VAHAN registration data, Ola Electric recorded 9,522 vehicle registrations as of August 20, while Ather Energy surged ahead with 10,248 registrations. This shift in sales figures suggests that Ola Electric's market share may have slipped below that of its rival, marking a notable change in the competitive landscape of India's EV industry.

Market Volatility and Recent Performance

The sharp decline in Ola Electric's share price follows a recent two-day rally that had pushed the stock up by 29%, reaching a near three-month high. However, this positive momentum was short-lived as investors reacted to the latest sales data.

Potential GST Policy Impact

Adding to the company's challenges, the Indian government is considering a reduction in GST rates for small cars from 28% to 18% by Diwali. Analysts warn that this potential policy change could have adverse effects on EV adoption by narrowing the price gap between electric vehicles and traditional internal combustion engine vehicles.

Financial Performance

Ola Electric's recent quarterly results paint a mixed picture:

Metric Value
Consolidated Net Loss 428
Revenues 828
Gross Margins 26.00%

Despite the increased net loss and halved revenues compared to the previous year, the company has managed to improve its gross margins to 26.00%. Management expects the auto business to turn EBITDA positive in the second quarter.

Stock Performance

The recent 7% drop contributes to a broader downtrend for Ola Electric's stock:

  • Year-to-date: Down 42.00%
  • Past year: Down 64.00%

Helios Mutual Fund Adds Ola to Portfolio

Despite the recent market challenges, Helios Mutual Fund CEO Dinshaw Irani announced the addition of Ola Electric to their portfolio, citing potential in the EV two-wheeler space. Irani highlighted Ola Electric's improved profitability and management's focus on Generation III bikes with indigenous batteries.

The fund believes the worst is over for Ola Electric, pointing to margin improvements from the March quarter to June quarter. Irani noted that while Ola Electric previously lost market share and rolled losses, recent quarterly results showed the company addressing profitability concerns, with most Generation I bikes warranties completed and 60.00% of Generation II bikes cycle finished.

Helios maintains a bullish stance on domestic consumption stories and expects GST rate rationalization to fuel positive market momentum. The fund has also added another two-wheeler player to their portfolio alongside existing holdings in Ather and Bajaj Auto.

As Ola Electric navigates these challenges and opportunities, investors and industry observers will be closely watching how the company responds to the changing competitive landscape and potential regulatory shifts in the Indian EV market.

Historical Stock Returns for Ola Electric Mobility

1 Day5 Days1 Month6 Months1 Year5 Years
-3.32%+14.43%+17.48%-20.98%-64.06%-48.26%
Ola Electric Mobility
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Ola Electric Shares Surge 23% in Three Sessions Despite Market Share Decline and Poor Quarterly Results

1 min read     Updated on 20 Aug 2025, 10:33 AM
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Reviewed by
Shriram ShekharBy ScanX News Team
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Overview

Ola Electric Mobility's stock rallied 23% over three trading sessions, with a 15% gain on Wednesday following founder Bhavish Aggarwal's Sankalp Day announcements. Block deals of 2.4 crore shares occurred at prices between Rs 45.40 and Rs 49.60. Trading volume reached 8.9 times its 30-day average, with RSI at 79. However, the company faces challenges including declining EV market share and poor quarterly results, with revenue dropping 49.6% and widening losses. The stock has fallen 63.42% over the past year. Analyst recommendations are mixed, with an average price target suggesting a 6.1% downside.

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*this image is generated using AI for illustrative purposes only.

Ola Electric Mobility , a leading electric vehicle manufacturer in India, saw its share price rally 23% over three trading sessions, with a nearly 15% gain on Wednesday following announcements by founder Bhavish Aggarwal on Sankalp Day. The stock, which is part of the Nifty Midcap150 index, experienced heightened trading activity with block deals involving approximately 2.4 crore shares at prices between Rs 45.40 and Rs 49.60.

Trading Activity and Performance

The recent surge in Ola Electric's stock price has been accompanied by significant trading volumes. Trading volume reached 8.9 times its 30-day average, with the Relative Strength Index (RSI) at 79, indicating overbought conditions.

Challenges and Financial Results

Despite the recent stock price gains, Ola Electric faces several challenges:

  • A decline in two-wheeler EV market share in July
  • Poor quarterly results showing:
    • Revenue dropping 49.6% to Rs 828.00 crore
    • Net loss widening to Rs 428.00 crore

The stock has fallen 63.42% over the past 12 months, reflecting these ongoing challenges.

Analyst Recommendations

Among the eight analysts covering the stock:

  • Three recommend 'buy'
  • Two suggest 'hold'
  • Three advise 'sell'

The average 12-month consensus price target indicates a 6.1% downside from current levels.

Conclusion

While Ola Electric's stock has seen a significant short-term rally, the company continues to face substantial challenges in terms of market share and financial performance. Investors should carefully consider these factors alongside the recent price movements and analyst recommendations when making investment decisions.

Historical Stock Returns for Ola Electric Mobility

1 Day5 Days1 Month6 Months1 Year5 Years
-3.32%+14.43%+17.48%-20.98%-64.06%-48.26%
Ola Electric Mobility
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