Ola Electric jumps 9% to ₹36.76 ahead of Q4FY26 results, battery scale-up in focus
Stock rallied 9% to ₹36.76 (m-cap ₹16,187 cr) a day before May 20 Q4 print. Street watching Krishnagiri 6 GWh gigafactory ramp and 4680 Bharat Cell commercialization. Q3 had narrowed loss to ₹487 cr but revenue slid 55% to ₹470 cr on 32,680 scooter deliveries.
What happened
Ola Electric shares jumped 9% ahead of Q4FY26 results on May 20. Market eyeing battery business expansion via Krishnagiri gigafactory and 4680 Bharat Cell
Key facts
- 9%
- ₹36.76
- ₹16,187.75 crore market cap
- 6 GWh capacity
- Q4 results May 20
- Q3 net loss ₹487 crore
- Q3 revenue ₹470 crore (-55%)
- 32,680 scooters delivered
Why this matters
Battery cell vertical integration via the 6 GWh gigafactory and Bharat Cell could reshape supplier dynamics across the Indian 2W EV ecosystem, opening partnership or offtake conversations with cell-dependent OEMs.