Ola Electric is India's leading manufacturer of electric two-wheelers and a pioneer in domestic battery cell technology. Headquartered in Bengaluru, the company operates the "Futurefactory" in Krishnagiri, Tamil Nadu—one of the world's largest integrated EV manufacturing hubs. The company is currently commissioning its Gigafactory for indigenous lithium-ion cell production, aiming to reduce dependency on imports and achieve cost leadership in the global EV market.;

CEO/MD

Mr. Bhavish Aggarwal

Founded in

2017

NSE symbol

OLAELEC

Shareholding pattern

Jun '25

Sep '25

Dec '25

Mar '26

Jun '26

Mutual Funds Invested (4)

Fund name	AUM%
Motilal Oswal Flexi Cap Fund Direct Growth	2.45
Motilal Oswal ELSS Tax Saver Fund Direct Growth	3.07
Motilal Oswal Large and Midcap Fund Direct Growth	3.06
JM Midcap Fund Direct Growth	0.48

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Mercury Ev-TechMERCURYEV	₹37.40 -1.80 (4.59%)	L H	743.36	163.04	2.65
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BSE • 2 weeks ago

Ola Electric secures a 5-year PLI incentive window until CY2031, unlocking ₹7,240 crore. Company to achieve 6 GWh capacity by quarter-end, ahead of revised Dec 2026 timeline.

ET NOW • 2 weeks ago

Ola Electric shares dropped nearly 4% intraday post weak Q1FY27 results.

ScoutQuest • 2 weeks ago

Kotak Institutional Equity suggests selling Ola Electric with a target price of ₹20/share. Q1 FY27 saw higher EBITDA loss; concerns remain over cash flow despite QIP.

ScoutQuest • 2 weeks ago

Auditor raises concerns over Ola Electric's results due to PLI fine reversal.

Livemint • 2 weeks ago

Ola Electric's auditor flagged its reversal of a ₹57 crore PLI penalty provision, reducing Q1 losses without formal waiver approval. Ola's revenue fell 45% YoY to ₹455 crore, with shares down 46% since listing, citing aggressive accounting concerns.

ScoutQuest • 3 weeks ago

Ola Electric reports revenue decline for the 7th consecutive quarter. The company is working towards settling a Sebi probe.

Zee Business • 3 weeks ago

Ola Electric has released its Q1 results, including PAT and revenue details.

ET NOW • 3 weeks ago

Ola Electric reported a Q1 loss of ₹336 cr and revenue of ₹455 cr.

ScoutQuest • 3 weeks ago

Ola Electric Q1 FY27 sales nearly doubled, market share rose to 8.4%. Revenue jumped 72% QoQ to ₹455 Cr; operating expenses fell 22% to ₹333 Cr.

Livesquawk • 3 weeks ago

Ola Electric Mobility's Q1 EBITDA loss improved to ₹1.65B vs ₹1.7B YoY.

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