This EV stock, a dedicated electric vehicle company focused on manufacturing both EVs and key components like batteries and powertrains, slipped up to 6% after a block deal involving 2.41 crore shares worth Rs107 crore, marking the second large transaction this month.
With a market capitalization of Rs. 19,456 crores, the shares of Ola Electric Mobility Limited declined by more than 6 percent making an intraday low to Rs.43.16 per share on Monday, down from its previous closing price of Rs. 46.08 per share.
The stock had touched its 52-week low of Rs 43.16 per share during the intraday period Since then, the stock has retreated and is currently trading at Rs.44.03 per equity share.
On June 23, 2025, shares of Ola Electric Mobility Ltd. declined over 6 percent after a block deal involving 2.41 crore shares, representing 0.55 percent of the company’s equity, changed hands at an average price of Rs 44 per share, amounting to a total value of Rs 107 crore. The identities of the buyers and sellers in this transaction remain undisclosed.
This is the second major block deal in the stock this month. Earlier, on June 7, Hyundai Motor Company offloaded 14.22 crore shares, or 3.23 percent of Ola Electric’s equity, in a large block deal valued at Rs 731 crore, executed at an average price of Rs 51.4 per share. The back-to-back transactions signal heightened institutional activity in the stock amid growing interest and rebalancing in the EV space.
Ola Electric Mobility Ltd. is a leading pure-play EV company in India, focused on building vertically integrated capabilities across electric vehicle manufacturing and core components like battery packs, motors, and cells. Its 400+ acre Ola Futurefactory in Krishnagiri, Tamil Nadu, is the country’s largest integrated and automated two-wheeler EV plant.
The company’s business model is built on three scalable platforms: in-house R&D and technology, an adaptable and cost-efficient manufacturing and supply chain, and a direct-to-consumer (D2C) omnichannel distribution network covering sales, service, and charging.
Ola Electric operates R&D centres across India, the UK, and the US, including the Battery Innovation Centre, and has a strong innovation pipeline supported by 959 R&D employees, 304 patents, and 74 registered designs.
With the upcoming Ola Gigafactory, the company aims to scale up production of advanced 4680 battery cells, positioning itself at the forefront of India’s EV and clean energy transition.
Coming into financial highlights, Ola Electric Mobility Ltd’s revenue has decreased by up to 10 percent from Rs. 5010 crore in FY24 to Rs. 4514 crore in FY25. The net loss widened by 44 percent, rising from Rs 1,584 crore in FY24 to Rs 2,276 crore in FY25.
Written By Rohan Pandey
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