Ola Electric shares fall to all-time low after Q3 results
after close1 source ↓written by the desknot a recommendation
- to an all-time
- 7.02%
- after reporting
- ₹28.73
- after reporting
- 55% YoY
- revenue decline
- 32% QoQ
- in Q3 FY26
- ₹470 cr
Shares of Ola Electric fell 7.02% to an all-time low of ₹28.73 after reporting a 55% YoY and 32% QoQ revenue decline to ₹470 cr in Q3 FY26. The company's market cap is now ₹12,800 cr. Brokerage Emkay Global downgraded the stock to ‘sell’ and cut the target price by 60% to ₹20 per share, citing consistent volume decline and market-share loss.
Not investment advice. For informational purposes only.