By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Ola Electric surges 20% on strong Q1 results, but analysts still advise caution
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Business > Ola Electric surges 20% on strong Q1 results, but analysts still advise caution
Business

Ola Electric surges 20% on strong Q1 results, but analysts still advise caution

By Viral Trending Content 3 Min Read
Share
SHARE
Mumbai: Shares of electric two-wheeler maker Ola Electric Mobility rallied about 20% on Monday, the biggest single-day move in eight months, after the company’s first-quarter results were better-than-expected. The stock is best suited for high-risk traders and investors, as analysts warn of continued sharp price swings in months ahead. Ola ended at ₹47.7 on Monday, up 19.75%, after hitting a fresh 52-week low of ₹39.6.

“Ola Electric’s Q1 shows a sharp operational turnaround-losses narrowed from ₹870 crore to ₹428 crore, gross margins hit a record 25.6%, and the auto segment turned Ebitda (earnings before interest, taxes, depreciation, and amortization)-positive in June,” said Jahol Prajapati, research analyst at Samco Securities.

Its revenue from operations also rose to ₹828 crore in the June quarter from ₹611 crore in the previous quarter. However, it was down almost 50% from the same period a year ago. “The company’s bullish forecast of 35-40% margins and upcoming ramp-up of new products further renewed interest in the stock,” said Sagar Shetty, research analyst, StoxBox. “The growth during the quarter was largely supported by the successful launch of its Gen 3 scooters, aiding the company to maintain accretive margins.”

The company said in an exchange filing that it expects to sell between 325,000 and 375,000 vehicles and generate revenue of ₹4,200-₹4,700 crore for FY26. Ola shares are down around 48% since their debut in August 2024. As the stock declined, retail investors increased their stakes in the company. The percentage of retail shareholders holding less than ₹2 lakh in the company has increased to 12% in the March quarter from 4.45% at the time of listing. Shetty said that Ola continues to cede significant market share to established players and has a track record of overly optimistic guidance.

“We recommend investors maintain a cautious approach and suggest that they wait to see how the second quarter unfolds in terms of sales and overall performance,” he said. Prajapati said Ola is building a ‘credible profitability’ story, on account of continued cost discipline, improving warranty dynamics, and an FY26 target of 35-40% gross margins. “For investors with a high-risk appetite, it’s a bold EV play on vertical integration. Conservative investors might still prefer steadier names like TVS or Bajaj for now,” he said.

Live Events


You Might Also Like

Chinese economy grows at a 5.2% annual pace despite trade war

Nvidia gets nod from Washington to resume sales of H20 China chip

Amazon’s Prime Day celebratory recap was missing one key metric that the tech giant usually reveals

Former Denver restaurateur indicted for fraud, accused of misusing PPP loans

Stellar (XLM) targets 30% jump as Bitcoin surges past $122.5K on ‘crypto week’

TAGGED: bbc business, Business, business ideas, business insider, Business News, business plan, google my business, income, money, opportunity, small business, small business idea
Share This Article
Facebook Twitter Copy Link
Previous Article AAVE gains strength as Aave dominates DeFi lending with over $50B net deposits
Next Article One of My Favourite Google Pixel Features Is Set for a Big Visual Upgrade
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Chinese economy grows at a 5.2% annual pace despite trade war
Business
Donkey Kong Bananza Has Been in Development Since 2017
Gaming News
LLMs: Is AI Superalignment Better Than Superintelligence?
Tech News
Nvidia gets nod from Washington to resume sales of H20 China chip
Business
LA sheriff deputies admit to helping crypto ‘Godfather’ extort victims
Crypto
NZXT Discount Codes: 50% Off
Tech News
2025 Home Run Derby: Oneil Cruz stuns, Cal Raleigh triumphs with family by his side
Sports

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Chinese economy grows at a 5.2% annual pace despite trade war

Investing £5 a day could help me build a second income of £329 a month!

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Chinese economy grows at a 5.2% annual pace despite trade war
July 15, 2025
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?