Ola Electric shares hit 52-week low as Bhavish Aggarwal sells more stake; what investors should know

This comes a day after Aggarwal undertook a one-time, limited monetisation of a small portion of his personal stake to fully repay a promoter-level loan amounting to ₹260 crore.

“With this, all of the previously pledged 3.93% shares will be released, removing a critical overhang. Post the transaction, the promoter group would continue to hold approximately 34% in Ola Electric, among the highest across new-age listed companies. There is no dilution of promoter control or change in the long-term conviction,” Ola Electric had said in a regulatory filing.

The move has been undertaken to eliminate all promoter pledges, which can create avoidable risk and volatility, reflecting the founder’s conviction that Ola Electric should operate without any pledge overhang and that all leverage should be fully unwound.

The transaction is being carried out entirely at the promoter’s personal level and is not expected to have any impact on the company’s operations, governance, or strategic direction.

“The company’s focus remains firmly on building a globally competitive, India-first electric mobility and clean energy company,” Ola Electric further added.

Typically, promoter share pledges act as a potential source of volatility and margin-related risk. The complete elimination of pledged shares removes a critical overhang and materially strengthens the company's risk profile.

With this, Ola Electric's founder joins a list of promoters, including those at Apollo Hospitals and Hindustan Zinc, who exercised limited stake monetisation to release share pledges during this financial year.

Ola Electric: Recent updates

The EV maker on Sunday announced the launch of Hyperdelivery, offering same-day registration and delivery of its 4680 Bharat Cell-powered vehicles in Bangalore.

This offering is part of the company’s umbrella Hyperservice initiative, designed to deliver a transparent, convenient, and customer-first service experience.

Under Hyperdelivery, customers can now complete their purchase online or at an Ola Electric Store and ride home on the same day in their fully registered vehicles.

Earlier this year, the company announced that it had completely in-housed its vehicle registration process. This has enabled the company to offer a much smoother and more efficient journey from purchase to delivery to its customers.

Last week, Ola Electric said it had commenced mass deliveries of its 4680 Bharat Cell power vehicles.

Ola Electric share price

At 10:45 AM, Ola Electric shares were trading at ₹31.88 apiece on the National Stock Exchange, declining 3.07%.  

Shares of the firm had lost over 12% over the past five days, while they declined 31.2% in the last six months. On a year-to-date basis, shares of Ola Electric have fallen 63%.

The company has a total market capitalisation of ₹14,114.66 crore, according to data on the NSE.

Ola Electric's financials

Ola Electric Mobility had reported a consolidated net loss of ₹418 crore for the July-September quarter of the financial year 2025-26. The firm had reported a net loss of ₹495 crore in the same period last year.

Ola’s revenue from operations stood at ₹690 crore in Q2 FY26, declining 43% from ₹1,214 crore in Q2 FY25. The firm has recorded total deliveries of 52,666 vehicles in Q2 FY26.

The company’s EBITDA loss for the reporting quarter stood at ₹203 crore in contrast to ₹379 crore year-on-year (YoY).

The company’s auto segment reported a positive EBITDA of 0.3% in Q2 FY26, a sharp improvement from -5.3% in the previous quarter, marking its first-ever quarter of profitability in the auto business.