Ola Electric slides 5% as Emkay reiterates 'Sell' on Rs 25 target despite narrowing Q4 loss
Q4FY26 revenue collapsed 57% YoY to Rs 265 crore and volumes fell 61% even as net loss narrowed 42.5% to Rs 500 crore. Emkay flags weak Q1FY27 order run-rate of 40,000-45,000 units and prefers Ather and TVS Motor in the E-2W theme, keeping a Sell with Rs 25 target.
Ola Electric shares fell 5% after Q4FY26 revenue dropped 57% YoY and volumes 61% YoY, though net loss narrowed 42.5%. Emkay maintains 'Sell' with Rs 25 target, preferring Ather and TVS in the E-2W theme.
Why this matters
Third consecutive bearish session for Ola Electric, following 6% drops on Q4 revenue collapse and brokerage Sell calls. Pattern reinforces sustained brokerage skepticism despite first cash-positive quarter.
Retail-company theme steady with 786 signals in last 90 days