Ola Electric Mobility Ltd Share Price – NSE  / BSE

Automobile, Small Cap

Ola Electric today announced that its flagship electric motorcycle, the Roadster X+ (9.1 kWh), powered by its indigenously developed 4680 Bharat Cell battery pack, has been approved under the Central Motor Vehicle Rules (CMVR), 1989 by the International Centre for Automotive Technology (iCAT), Manesar, a government testing agency. With this certification, Ola Electric will now begin deliveries of the Roadster X+ (9.1kWh), marking a significant milestone as it becomes the first electric motorcycle in India to be certified with a completely in-house developed 4680 Bharat Cell battery pack.

The Roadster X+ 9.1kWh sets a new benchmark in electric motorcycling with an industry-leading range of up to 500 km, enabled by the high energy density and advanced thermal performance of Ola's homegrown 4680 Bharat Cell technology, making long-distance and inter-city riding practical beyond urban centres. By addressing range anxiety at a fundamental level, the Roadster X+ opens up electric motorcycling for riders beyond metros to Tier 2 and Tier 3 markets, where longer distances and limited charging infrastructure have traditionally been barriers to EV adoption.

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The company has received a sanction order from the Ministry of Heavy Industries, Government of India. The sanction pertains to the demand incentive for the determined sales value for FY2024-25, and authorises a payment of Rs 366.78 crore to be released through Industrial Finance Corporation of India (IFCI), the designated financial institution for disbursement under the scheme

The PLI-Auto Scheme is a flagship initiative of the Government of India aimed at strengthening domestic manufacturing, encouraging advanced automotive technologies, and enhancing India?s global competitiveness in the auto and auto components sector.

Ola Electric spokesperson said, ?The sanction of Rs 366.78 crore under the PLI-Auto Scheme is a strong endorsement of Ola Electric?s manufacturing capabilities and our commitment to building world-class EV technology in India. This incentive recognises our sustained efforts in scaling domestic production, deepening localisation, and driving innovation across the electric mobility value chain. We remain committed to supporting the Government of India?s vision of making India a global hub for advanced automotive manufacturing and clean mobility.?

Ola Electric Mobility is a leading Indian electric vehicle (EV) manufacturer engaged in the integrated development of EV technology and components, including battery cells. Its manufacturing facility, the Ola Futurefactory in Tamil Nadu, produces EVs and key components and is positioned as one of India?s major EV hubs.

On a consolidated basis, Ola Electric reported a net loss of Rs 418 crore in Q2 September 2025, compared with a net loss of Rs 495 crore a year earlier. Net sales fell 43.16% YoY to Rs 690 crore in the quarter.

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The stock had fallen 16.34% over the previous three sessions and touched a record low of Rs 30.79 on Thursday, 18 December 2025. At current levels, the shares are down 65.57% from their 52 week high of Rs 99.90 hit on 26 December 2024.

The rebound came after clarity on recent bulk deals by promoter Bhavish Aggarwal. Exchange data showed that on December 18, he sold 2.83 crore shares, or 0.64% equity, at Rs 31.90 apiece, raising Rs 90.27 crore.

Earlier, Aggarwal sold 2.62 crore shares, or about 0.6% equity, on December 16 at an average price of Rs 34.99, raising around Rs 92 crore. This was followed by the sale of 4.19 crore shares, or 0.95% equity, on December 17 at an average price of Rs 33.96, fetching about Rs 142.3 crore.

Together, the three transactions accounted for 2.19% of Ola Electric?s equity, valued at Rs 324.27 crore. As of September 2025, Aggarwal held 132.39 crore shares, or 30.02% equity, in the company.

In a statement, Ola Electric said the monetisation was carried out solely to fully repay a promoter level loan of around Rs 260 crore and to release all 3.93% shares that were previously pledged, thereby eliminating all promoter pledges.

Following the transactions, the promoter group continues to hold a 34.6% stake in Ola Electric. The company said there is no dilution of promoter control and no change in long term commitment. It added that the exercise was planned, time bound and executed entirely at the promoter?s personal level, with no impact on operations, performance or strategic direction.

Ola Electric reiterated its focus on building a globally competitive, India first electric mobility and clean energy company.

Ola Electric Mobility is a leading Indian electric vehicle (EV) manufacturer engaged in the integrated development of EV technology and components, including battery cells. Its manufacturing facility, the Ola Futurefactory in Tamil Nadu, produces EVs and key components and is positioned as one of India?s major EV hubs.

The company recently forayed into India?s Rs 1 lakh crore Battery Energy Storage Systems (BESS) market with the launch of Ola Shakti, its first residential energy storage product.

On a consolidated basis, Ola Electric reported a net loss of Rs 418 crore in Q2 September 2025, compared with a net loss of Rs 495 crore a year earlier. Net sales fell 43.16% YoY to Rs 690 crore in the quarter.

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Hitachi Energy India Ltd, PTC Industries Ltd, Tips Music Ltd and Garware Hi Tech Films Ltd are among the other losers in the BSE's 'A' group today, 18 December 2025.

Ola Electric Mobility Ltd tumbled 5.83% to Rs 31 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 144.4 lakh shares were traded on the counter so far as against the average daily volumes of 47.82 lakh shares in the past one month.

Hitachi Energy India Ltd lost 4.87% to Rs 18225. The stock was the second biggest loser in 'A' group.On the BSE, 5605 shares were traded on the counter so far as against the average daily volumes of 4492 shares in the past one month.

PTC Industries Ltd crashed 4.60% to Rs 16651.2. The stock was the third biggest loser in 'A' group.On the BSE, 2383 shares were traded on the counter so far as against the average daily volumes of 842 shares in the past one month.

Tips Music Ltd pared 4.40% to Rs 526.3. The stock was the fourth biggest loser in 'A' group.On the BSE, 5538 shares were traded on the counter so far as against the average daily volumes of 14019 shares in the past one month.

Garware Hi Tech Films Ltd plummeted 4.06% to Rs 3419. The stock was the fifth biggest loser in 'A' group.On the BSE, 2925 shares were traded on the counter so far as against the average daily volumes of 4116 shares in the past one month.

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