Shares of Ola Electric Mobility have continued their decline for the third straight session on Wednesday, with stock falling by 1.52 percent, reaching a new all-time low of Rs 40.15.

It ultimately closed 0.91 percent lower at Rs 40.40. At this closing value, the stock has dropped 53.15 percent year-to-date (YTD).

The electric vehicle (EV) manufacturer saw a significant drop in sales in June, with 20,189 units sold—an alarming 45 percent year-on-year (YoY) decrease, according to Vahan data as of July 1. Its market share also experienced a steep decline, falling from 46 percent in June 2024 to 19 percent in June 2025.

From a financial perspective, Ola Electric's consolidated net loss increased to Rs 870 crore in Q4 FY25, up from Rs 416 crore the previous year, while revenue from operations plummeted 59.48 percent YoY, reducing to Rs 611 crore from Rs 1,508 crore in the same quarter last year.

Some analysts have indicated that the stock appears 'bearish' in the short term.

The stock hit another all-time low and suggests a bearish outlook, noted Osho Krishan, Senior Analyst – Technical & Derivative Research at Angel One. He advised investors to avoid the stock for now, unless a clear recovery is seen.

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Established in 2017, Ola Electric mainly produces EVs and essential components such as battery packs, motors, and vehicle frames at the Ola Futurefactory. As of March 2025, promoters owned a 36.78 percent stake in the electric two-wheeler (E2W) manufacturer.

Ola Electric reported a 61.76 percent decrease in its consolidated revenue from operations, totaling ₹611 crore in the fourth quarter of FY25. The company had earned revenue of ₹1,598 crore in the previous year.

The net loss was reported at ₹870 crore for the March quarter of FY25, compared to a loss of ₹416 crore in Q4 FY24.

On July 8, the electric vehicle company announced a widespread rollout of MoveOS 5 software for its S1 series of scooters and Roadster X motorcycles. Notable features of this software include improved range, a better riding experience, road-trip mode, enhanced convenience, live location sharing, SOS alerts, a vehicle locator, and a weather widget, among others.

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MoveOS 5 represents the latest advancement in our effort to develop the most sophisticated and intelligent operating system for EV two-wheelers. This upgrade goes beyond adding new features; it fundamentally improves the performance, reliability, and range of our vehicles, the company stated.