Ola Electric has witnessed a remarkable 60% increase in its share value over the past month. This surge is attributed to strategic developments and a significant rise in demand, reinforcing its position in the electric vehicle (EV) market.
Ola Electric recently unveiled a ‘Sona Weekend’ promotion, offering benefits worth up to ₹50,000 across its EV range for Akshaya Tritiya.
The introduction of a new variant, the ‘S1 X+’, featuring in-house battery technology, signifies the company's focus on enhancing product offerings.
Ola also secured a Production Linked Incentive (PLI) certification, facilitating its foray into the electric motorcycle sector.
The company's March order book reflected robust demand, with daily orders increasing by 1,000 units and registrations hitting 10,117.
Over 80% of Ola's vehicles now benefit from same-day service, a testament to improved operational efficiency.
Read More: Ola Electric vs Ather Energy: Which EV Stock Is Leading the Rally?
In Q3 of the 2025-26 financial year, Ola Electric's net losses fell by 13% year-on-year to ₹487 crore, whereas revenue from core operations declined 55% to ₹470 crore.
Crucially, input costs dropped by 74%, showcasing effective cost management.
Despite a 21% decline over the past year, Ola Electric's shares have shown a promising 5% increase in 2026.
On September 4, 2025, the stock peaked at ₹71.25, with a low of ₹22.25 on March 16, 2026. As of April 20, the market capitalisation stood at ₹17,325 crore.
As of April 22, 2026, at 3:30 PM, Ola Electric Mobility share price on NSE was closed at ₹38.44 up by 2.59% from the previous closing price.
Ola Electric's recent stock performance, buoyed by strategic initiatives and rising demand, signals dynamic activity in the EV market. The developments underline the company's efforts to innovate and respond to market conditions effectively.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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.
Published on: Apr 22, 2026, 3:55 PM IST
Team Angel One
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