Ola Electric Mobility’s stock witnessed a sharp surge on September 1, 2025, rising up to 14.8% in a single trading session, closing around ₹62 per share. Over the past five sessions, the stock climbed nearly 29% and has gained over 53% in the last month, though still trading nearly 46% below its 12-month high mintBusiness Today.
🚀 What’s Fueling the Surge?
- The company recently received Production Linked Incentive (PLI) certification for its Gen 3 S1 scooter range (which accounts for over half of its sales), qualifying both Gen 2 and Gen 3 models under the auto-sector PLI scheme. This is expected to significantly boost margins and profitability from the upcoming quarter onward mintBusiness Today.
- Additionally, Ola unveiled its 4680 Bharat cell modular battery and a new rare-earth-metal free motor during its Gigafactory event in Tamil Nadu, reinforcing confidence in its innovation pipeline Business TodayWikipedia.
- Despite volatility, the stock remains under short-term surveillance by exchanges due to its rapid upward movement in recent weeks Business TodayMoneycontrol.
📉 Financial Overview
- Quarterly Revenue: ₹828 crore in June 2025, up from ₹611 crore in March 2025.
- Net Loss Reduced: Loss narrowed from ₹870 crore (March) to ₹428 crore (June), signaling improved operational traction MoneycontrolBusiness Today.
🔍 Outlook
With favorable regulatory tailwinds, strong investor interest, and product upgrades underway, Ola Electric is positioning itself for profitability turnaround. Still, the stock’s inclusion in Additional Surveillance Measures (ASM) highlights lingering volatility risks despite positive momentum.
