Ola Electric jumps 9% to ₹36.76 ahead of Q4FY26 results, battery scale-up in focus
Stock rallied 9% to ₹36.76 (m-cap ₹16,187 cr) a day before May 20 Q4 print. Street watching Krishnagiri 6 GWh gigafactory ramp and 4680 Bharat Cell commercialization. Q3 had narrowed loss to ₹487 cr but revenue slid 55% to ₹470 cr on 32,680 scooter deliveries.
Ola Electric shares jumped 9% ahead of Q4FY26 results on May 20. Market eyeing battery business expansion via Krishnagiri gigafactory and 4680 Bharat Cell commercialization. Q3 saw narrowed loss of ₹487cr but revenue fell 55% to ₹470cr.
Why this matters
Second pre-results rally this week after stock hit ₹38.09 on cell supply deal buzz. Follows board's ₹2,000 cr capital injection into EV and cell subsidiaries, signaling battery vertical bet.
Retail-company signals steady at 588 in last 90 days.