Overview
- The shares fell to Rs 33.20 on Dec. 9, extending losses for an eighth session and leaving the stock more than 60% lower in 2025 and over 75% below its post-listing high.
- Market value dropped below Rs 15,000 crore on Dec. 8 as trading volumes surged well above the 20-day average, signaling persistent selling pressure.
- VAHAN data show the company’s electric two-wheeler market share near 6.7% at the start of December, reflecting softer retail sales against strengthening rivals.
- Q2 FY26 results showed a narrower net loss of Rs 418 crore with revenue down 43% year-on-year to Rs 690 crore, and full-year revenue guidance was cut to Rs 3,000–3,200 crore.
- Ola has started mass deliveries of scooters using its in-house 4680 Bharat Cell and secured shareholder approval to raise up to Rs 1,500 crore for cell manufacturing, energy storage and product development.