Ola Electric Share: This week’s last trading day is Ola Electric’s share comeback day. Following a clarification on the subject of disparities in vehicle registration and sales statistics, Ola Electric share prices witnessed an increase. Let’s learn more about the present Ola Electric share prices in this article.

Overview of Ola Electric

Ola Electric Mobility Ltd. is a 2017-founded electric vehicle manufacturer that focuses on producing electric vehicles and essential parts for them. The Ola Futurefactory produces these parts, which include motors, battery packs, and vehicle frames. Ola Electric wants to help the world transition to sustainable mobility by producing cutting-edge electric vehicles, the biggest and most environmentally friendly 2-wheeler factory in the world.

Ola Electric Share News

In February, Ola Electric registered 8,652 units on the Vahan platform, despite reporting sales of over 25,000 units, according to the reports. The Ministry of Heavy Industries then instructed the ARAI (Automotive Research Association of India) to look into the matter.

False narratives regarding Ola Electric’s February 2025 sales statistics are currently being circulated, the business noted in an exchange filing. According to the EV manufacturer, sales are good, and last month there was a brief delay because of continuing discussions with vendors who handle car registrations.

In a separate regulatory filing, the business claimed to have received an email about a discrepancy in sales figures from the Ministry of Heavy Industries. In addition, the MORTH (Ministry of Road Transport and Highways) contacted the business on its failure to comply with the trade certificate requirement.

Ola Electric Share Price Movement

Following a one-day lull, Ola Electric share prices continued to rise in Friday’s trading. With a 9.46% increase, the stock reached a day high of ₹ 56.55. The pure-play electric vehicle (EV) company explained that the February backlog in the short-term sales “was due to the negotiations that were ongoing with their respective vendors who were responsible for registrations of vehicles,” which prompted today’s share price recovery.

What Do the Analysts Recommend?

The majority of market professionals advise investors not to average the stock at present levels. While one of them is even advising concentrating on well-established companies other than Ola Electric, another is saying that investors “can play and get out only for a short bounce.” Analysts also hint that those who are hit at a price of ₹ 100 or more shouldn’t average the stock at this time.

Conclusion

Looking at the present Ola Electric share price, Analysts suggest that investing in a different venture can enable the investors to produce a high alpha. Technically, if someone simply has a short-term perspective, it might be a solid buy at the current price, and it is possible to purchase it with a ₹ 48 stop loss. After a little bounce, simply play the stock and exit. 

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