Ola Electric Share Fell ~7% After Block Deal Worth ₹731 Crore by Hyundai Motors

On June 3, 2025, Ola Electric share price fell over 6%, reaching a day low of 49.91 at 09:50 AM, after opening at 53.00 on BSE. Ola shares trade well 34% below its IPO price of ₹76 and 69% below its post-listing high of ₹157.

Ola Electric Block Deal

The fall in Ola Electric share price follows a block deal worth ₹731 crore, which took place in the early minutes of the trading session. In a significant block deal, approximately 14.22 crore shares of Ola Electric Mobility changed hands, representing around 3.23% of the company’s total outstanding equity.

According to media reports, Hyundai Motor Company is likely the seller in this transaction. The shares were exchanged at an average price of ₹51.4 per share, reflecting a discount to Monday’s closing price.

As per the shareholding data for the March 2025 quarter, Hyundai Motor Company held a 2.47% stake in Ola Electric Mobility, suggesting that the deal may involve a full or partial divestment of its equity in the company.

Also Read: Niva Bupa Block Deal: 56 Lakh Shares Exchanged at a Value of ₹391 Crore

Ola Electric Q4FY25 Earnings Highlights

During Q4FY25, Ola Electric reported a revenue of ₹4,645 crore for FY25, compared to ₹5,126 crore in FY24. Despite a dip in revenue, Ola Electric continued to lead the electric two-wheeler market, delivering 3,59,221 units in FY25—up from 3,29,549 units the previous year—driven by the strong performance of its next-gen S1 scooter lineup. According to VAHAN data, the company captured a robust 30% market share during the year.

Focused on long-term profitability and operational efficiency, Ola Electric made significant strides under its strategic cost optimisation initiative, Project Lakshya. The Auto segment's operating cost structure, targeted at ₹110 crore, is already trending at ₹121 crore as of April 2025, with the company firmly on track to hit its target by June 2025.

Furthering its mission to accelerate EV adoption across India, Ola Electric rolled out Project Vistaar in November 2024—an ambitious network transformation initiative. The project enhanced delivery timelines (reducing them from 12 days to just 3–4 days), optimised inventory systems, and enabled same-day delivery through the innovative #HyperDelivery service.

With over 4,000 touchpoints across the country, Ola Electric now operates India’s largest EV distribution network. Notably, more than 50% of its retail presence is in Tier 3 cities and rural markets, underscoring its commitment to democratising electric mobility across the nation.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.