Ola Electric's Stock Plunges 63%: Why Investors Should Be Cautious (Expert Analysis)

Ola Electric's stock has been under intense selling pressure, raising concerns among investors. The company's stock has plummeted nearly 63% in 2025, hitting multiple 52-week lows. This significant decline has led to a bearish outlook from analysts, with the stock experiencing continued selling pressure.

Recent Developments

Recently, promoter Bhavish Aggarwal sold nearly 6.8 crore shares in the company, further compounding the bearish sentiment. However, the company clarified that this was a one-time, limited monetisation of a small portion of the promoter's personal holding, with the proceeds intended to repay a promoter-level loan.

Technical Analysis

From a technical standpoint, analysts maintain a bearish outlook. The stock is trading below its key moving averages, including the 20-day, 50-day, and longer-term EMAs. A recent breakdown towards the Rs 32 zone indicates continued selling pressure, with any upside likely to be a technical pullback unless the stock reclaims the Rs 40–42 range with strong volume support.

Experts have identified key support and resistance levels for the stock. The Rs 30.37–28 zone is expected to act as a critical support area, while a sustained breakdown below Rs 28 could push the stock towards Rs 25.78. Resistance lies in the Rs 34.18–35.49 zone.

Expert Views

• The stock has clearly lost momentum, breaking below its base near Rs 40 after forming a descending triangle.
• The bearish undertone persists with sellers firmly in control, and minor bounces are possible, but any attempt to rise is likely to face resistance around the Rs 40-43 levels.
• The technical setup suggests continued caution until the stock stabilises or reclaims critical levels decisively.

Remember, this is perspective, not prediction. It's essential to do your own research and consider multiple viewpoints before making any investment decisions.