Ola Electric Shares Plummet: Can Investors Expect a 10% Rebound Amidst Promoter Stake Sale and Improving Financials?

Ola Electric Mobility's shares have been on a downward trend for the third consecutive day, with a 4.29% decline to ₹31.49 apiece on the NSE. This comes after the company's promoter, Bhavish Aggarwal, sold an additional stake worth ₹142 crore. However, despite the recent slump, there are signs of improvement in Ola Electric's financials that could potentially lead to a rebound in the stock price.

Recent Stock Performance

Ola Electric shares have fallen nearly 12% in the last five sessions and over 24% in a month. The stock has also crashed 59% from its offer price of ₹76, leaving IPO investors with significant losses. The recent decline has been attributed to the promoter's stake sale, which has sparked concerns among investors.

Promoter Stake Sale

Bhavish Aggarwal, the founder and promoter of Ola Electric Mobility, has sold a total of 6.8 crore shares in the last two days, amounting to ₹234 crore. The company has clarified that these sales were intended to repay a ₹260 crore loan at the promoter level. The completion of these transactions will release 3.93% of previously pledged shares, eliminating a key overhang on the stock.

Improving Financials

Ola Electric Mobility reported a reduced consolidated loss of ₹418 crore for the quarter ended September 2025, compared to ₹495 crore in the same period last year. The company's consolidated revenue from operations declined 43% year-on-year to ₹690 crore. However, the auto business became cash-generative during the quarter, with underlying operating cash flows of ₹15 crore.

Retail Investor Ownership

As of the September 2025 quarter-end, Ola Electric Mobility had 19 lakh retail shareholders, holding a 17.3% stake in the company. This represents a significant increase from the September 2024 quarter, when retail investors held an 8% stake.

Key Takeaways

• Ola Electric shares have declined 12% in the last five sessions and 24% in a month.
• The company's promoter, Bhavish Aggarwal, has sold a total of 6.8 crore shares in the last two days.
• Ola Electric Mobility reported a reduced consolidated loss of ₹418 crore for the quarter ended September 2025.
• The company's auto business became cash-generative during the quarter, with underlying operating cash flows of ₹15 crore.

Remember, this is a perspective, not a prediction. It's essential to do your own research and consult with an investment advisor before making any investment decisions.