Ola Electric Drops 5.7% As Brokerages Stay Bearish Despite Narrower Q4 Loss
Ola Electric slid to ₹34.8 (m-cap ₹15,685 Cr) after Q4 net loss narrowed 43% YoY to ₹500 Cr but revenue collapsed 57% to ₹265 Cr on a 61% YoY drop in deliveries to 20,256 units. Brokerages stay cautious despite a ₹1,500 Cr QIP plan, +20% MoM April registrations, and ~45,000 Q1 FY27 order guidance.
Ola Electric stock fell up to 5.7% as brokerages stayed bearish despite Q4 net loss narrowing 43% YoY to ₹500 Cr. Revenue plunged 57% on weak two-wheeler deliveries; company plans ₹1,500 Cr QIP and targets FY27 auto EBITDA positivity.
Why this matters
Third bearish session in a row for Ola Electric as brokerages reiterate Sell despite founder Aggarwal urging investors to look past the revenue plunge toward the gigafactory pivot.
Retail-company signals steady at 779 over 90 days, with Ola Electric a recurring bearish thread.
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- Inc42 — Same time