Ola Electric doubles to ₹47 as investors back 'Hail Mary' vertical integration bet
Stock has doubled from March lows on hopes its Bharat Cell and in-house battery/powertrain push will revive growth, even as market share halves below 9%, May sales fall 20% YoY, and Q4FY26 Ebitda loss stays steep at ₹281 cr on ₹265 cr revenue. TVS, Bajaj and Ather keep gaining in a 60%-growing EV 2W market.
Ola Electric stock has doubled from March lows to ₹47 as investors bet on its vertically integrated EV ecosystem ambition (Bharat Cell, battery, powertrain) despite halving market share below 9%, sustained Ebitda losses, and rising competition from TVS, Bajaj, Ather.
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