Ola Electric Share Price is in the news as the leading EV two-wheeler company plunged nearly 2% today. Also, the company board is planning on raising capital. What should investors do? Let’s check recent news and analyst recommendations.
Ola Electric Share Price in The Market Today
As of today, 20th May 2025, Ola Electric Share Price is at Rs 51.57, which is already a drop of 1.88%. The shares closed at Rs 52.56 yesterday. Today, after opening it touched the high of Rs 53.02 and then fell again. The current UC limit is at Rs 63.0,7 and the LC limit is at Rs 42.04. The total market capitalization of the company stands at Rs 22,786 Crores.
Company Financials
Ola Electric has posted a net loss of Rs 564 crore for the fourth consecutive quarter, reflecting ongoing financial stress. The company has spent 3.72% of its operating revenues on interest expenses and 8.76% on employee costs in the fiscal year ending March 2024. Despite a seven-fold revenue increase in FY23, Ola Electric faces mounting losses and stiff competition in the EV segment.
Recent News about OLA Electric
The company’s board is scheduled to meet on Thursday, May 22, 2025, to discuss raising capital through non-convertible debentures (NCDs) or other eligible securities, potentially in multiple tranches via private placements.
This will be Ola Electric’s first major fundraising move since its IPO. The decision comes amid a decline in market share, reduced demand for its electric two-wheelers, and regulatory scrutiny over sales reporting and compliance at its showrooms.
Ola Electric Share Price Target
Ola Electric’s share has a mixed target price from various analysts. Investing.com suggests shares will be between Rs 67.25 to Rs 85. On the other hand, TrendyTraders forecast a target price of Rs 240 to Rs 300 by the end of 2025. Consensus suggests a target price of Rs 67.29.
Recommendation on Buy or Sell
As per the moneycontrol website, 29% of the 7 analysts suggest Buy for OLA Electric Shares. The rest 29% suggest Hold, and 14% suggest Sell. On the other hand, Consensus analysts suggest holding these shares on Trendlyne.
Disclaimer: All the information shared in this article is for informational purposes only. Any recommendations mentioned are made by individual analysts or experts. India Hood does not recommend Buy or Sell, nor will she be responsible. Investors are strongly advised to consult with certified experts before making any investment decisions.
