Ola Electric's auditor flagged weak inventory controls at its main unit, as SoftBank and automakers cut stakes and regulators probe sales and consumer complaints
Ola Electric Mobility shares declined 6 per cent on Friday after SoftBank offloaded 2.15 per cent of its stake in Ola Electric Mobility through open market transactions
SoftBank still holds 691.6 million shares in Ola Electric, making it the second largest shareholder in the company after founder Bhavish Aggarwal
At the SCO Summit in Tianjin, China, Prime Minister Narendra Modi called for a united global front against terrorism. Member states strongly condemned the April 22 Pahalgam terror attack.
In the past five trading days, Ola Electric has outperformed the market by surging 26 per cent, as compared to 1.7 per cent decline in the BSE Sensex.
HBL Engineering, Godfrey Phillips, Ola Electric, Sarda Energy and Uno Minda gained over 20% in Aug. In general, 20% gain is considered a bullish sign; here's a technical check on these 5 stocks.
Ather Energy surged 7 per cent to a record high of ₹458.60, while Ola Electric jumped 5 per cent to a five-month high of ₹57.50 on the BSE
Ola Electric Mobility said earlier that it has secured Production Linked Incentive (PLI) certification for its Gen 3 Scooter Portfolio
OLA Electric has witnessed strong volume buying at lower levels and has given a breakout of its falling trendline, signaling the beginning of a bullish trend, said Kunal Kamble of Bonanza
Ola Electric on Tuesday said its Gen 3 scooter portfolio has received certification under the Production Linked Incentive scheme for the automobile and auto components sector. The certification was granted by the Automotive Research Association of India (ARAI) to all seven Ola S1 Gen 3 scooters. With this milestone, Ola Electric's Gen 2 and Gen 3 scooter portfolio now stands PLI-certified, the Bengaluru-based firm said in a statement. The Gen 3 portfolio, comprising S1 Pro 3 kWh, S1 Pro 4 kWh, S1 Pro+ 4 kWh, S1 X 2 kWh, S1 X 3 kWh, S1 X 4 kWh and S1 X+ 4 kWh, represents the majority of the company's current sales, it added. As a result, this certification is set to significantly enhance Ola Electric's profitability from Q2 FY26 onwards, it noted. "Securing PLI certification for our Gen 3 scooters, which form the bulk of our sales, is a critical step towards profitability. This will directly strengthen our cost structure and margins, enabling us to deliver sustainable growth," a ..
Ola Electric shares rose 5 per cent on Tuesday, logging an intra-day high at ₹51.1 per share on BSE, after the company secured Production Linked Incentive (PLI) certification for its Gen 3 Scooter
However, Nazara Tech clarified that the company has no direct exposure to RMG businesses
Ola Electric shares have seen huge volume surge on the counter over the past two days amid bulk deals. Technical charts show a "strong buy signal" for the electric two-wheeler stock
Ola Electric unveils the Diamondhead EV motorcycle with a Rs 500,000 price tag, aiming for global market expansion, while integrating a homegrown 4680 battery into key scooter and motorcycle models
Ola Electric is likely to announce its foray into the sports scooter segment on August 15 as part of its plans to expand its product portfolio, according to sources. The company plans to unveil the new range at its upcoming annual event on August 15. In the run-up to its annual 'Sankalp' event, the company on Wednesday dropped a teaser on what looks like a sportier version of its scooter line-up. As per sources, Ola Electric is gearing up to expand its portfolio with its entry into the sports scooter segment. According to people in the know, these sports scooters could feature artificial intelligence features powered by Ola Krutrim. The sports scooter segment has been taking off in India on the back of products such as the TVS Ntorq, Yamaha Aerox and Aprilia SR160. Earlier this year, the company unveiled its Gen 3 scooter portfolio that boasted of first-in-segment features like brake-by-wire, dual ABS, and variants with its own 4680 cell.
Ola has also made it clear that they are not in favour of any change in the domestic value addition norms of PLI as well as the phased manufacturing program as requested by many auto companies
Ola Electric posts a Rs 428 crore loss in Q1 FY26, with revenue down 50%. However, cost-cutting measures and rising vehicle deliveries bring company closer to positive cash flow in its auto business
Ola Electric shares rose over 9 per cent even after the company's net loss widened in the first quarter of the current financial year
Q1 FY26 company results: Tejas Networks, Nelco, Rallis India, and Sambhv Steel Tubes will release their earnings report for the April-June quarter
Ola Electric Q1 FY26 result: The EV maker expects to deliver up to 375,000 vehicles in FY26, with projected revenues of ₹4,200-4,700 cr