Ola Electric Share Price Today: Stock Crashes to New All‑Time Low on Dec 4, 2025 as Sales Slump and Service ‘Reboot’ Rattles Investors

Ola Electric Mobility Ltd’s shares extended their brutal slide on Thursday, December 4, 2025, hitting fresh all‑time lows and locking in the lower circuit as investors rushed to exit the once‑celebrated EV poster child.

During afternoon trade, the stock fell around 5% to the ₹36–36.36 range, triggering a 5% lower circuit on the exchanges — its weakest level since listing in August 2024. ^[1]

At these levels, Ola Electric is now:

More than 60% below its 52‑week high of ₹102.50 (hit in early December 2024), and
Over 50% below its IPO price of ₹76. ^[2]

The fall caps a relentless sell‑off fueled by plunging sales, a deepening service crisis, and mounting doubts over the company’s ability to execute its turnaround plan.

Ola Electric Share Price Today: Fresh 52‑Week Low, Lower Circuit, Heavy Volumes

Market data from multiple platforms show Ola Electric trading around ₹36.12–₹37.00 on December 4, down roughly 5% from Wednesday’s close of ₹38.02. ^[3]

Key price and performance metrics as of today:

Latest price: ~₹36–37 per share
52‑week range: ₹36.12 (today’s low) to ₹102.50 ^[4]
Down over 60% from 52‑week high, and more than 50% below IPO price
Five straight losing sessions, with a cumulative loss of about 12–13% over the last five trading days ^[5]
1‑month performance: down roughly 25–26%, even as the Sensex gained modestly ^[6]
Year‑to‑date (2025): stock down around 58%, versus an ~9% gain in the Sensex ^[7]
1‑year return: a crash of over 63%, again sharply underperforming the benchmark indices ^[8]

Trading activity has been intense. MarketsMojo data show that volumes on December 4 were several times the recent average, with tens of millions of shares changing hands and the stock locked at its 5% lower circuit, indicating a market dominated by sellers and virtually no buyers at the lower band. ^[9]

Hindi business portals like ABP Live and ET Now Swadesh report that Ola Electric shares slid up to ₹36.12–₹36.36 intraday, describing Thursday as the “worst day” for the stock since listing, with a 4–5% lower circuit triggered on heavy selling. ^[10]

From Blockbuster IPO to Deep Drawdown

When Ola Electric listed in August 2024 at an issue price of ₹76, it was one of India’s most hyped new‑age listings. The stock initially justified the excitement, soaring to a record high of ₹157.53 on August 20, 2024. ^[11]

But the last twelve months have completely reversed that narrative:

The record high of ₹157.53 (Aug 2024) is now far outside the current 52‑week window, where the high is ₹102.50 (Dec 4, 2024). ^[12]
From that 52‑week high, today’s levels near ₹36 represent a collapse of well over 60%.
Compared with the IPO price of ₹76, the stock has more than halved, with LiveHindustan noting that the share is now “half of IPO price.” ^[13]

Business Standard estimates that Ola Electric has plunged about 25% in just one month and now trades roughly 50% below its issue price, after hitting a fresh all‑time low of around ₹38.18 in Wednesday’s session before sliding further today. ^[14]

In contrast, the Sensex and auto indices have risen over the same period, underlining that this is a company‑specific meltdown, not just a broad market correction. ^[15]

What Triggered Today’s Sell‑Off? A Service ‘Reboot’ That Spooked the Market

The immediate trigger for the latest leg of the crash is ironically an attempt by Ola Electric to fix its own service mess.

Over the last two days, the company and various media outlets have announced a major after‑sales “service reboot”:

Ola is deploying a 250‑member rapid‑response taskforce across India.
The team includes technicians and operations specialists, led by the core leadership, to clear pending repairs, improve spare‑parts availability, and shorten waiting times. ^[16]
The initiative follows more than 1 lakh complaints filed with the Central Consumer Protection Authority (CCPA) since 2024, ranging from hardware failures and software glitches to delays in service and parts. ^[17]

Hindi coverage from ABP and ET Now Swadesh ties Thursday’s sell‑off directly to this announcement. The service reboot, intended to restore confidence, has instead reinforced just how deep Ola’s service issues run and raised concerns about additional costs and margin pressure at a time when the company is already bleeding money. ^[18]

Several reports highlight that complaints around scooter fires, tyres coming off, and chassis cracks had already damaged brand trust, and the company is effectively playing catch‑up after years of aggressive expansion. ^[19]

Sales at a 3‑Year Low: Market Share Collapse Adds to the Pain

The service crisis is unfolding against an alarming collapse in sales volumes.

According to Hindustan Times, based on VAHAN registration data:

Ola Electric sold about 8,400 units in November 2025, down from 29,322 units in November 2024 — a 71% year‑on‑year decline.
Sales are nearly 80% below the March 2024 peak of 53,647 units. ^[20]
November registrations were the lowest in at least 36 months, indicating a structural, not just seasonal, slowdown. ^[21]

Business Standard separately reports that Ola’s registrations halved between October and November 2025, dropping from about 16,013 units to 8,254 units, with the company sliding to fifth place in the electric two‑wheeler market behind TVS, Bajaj Auto, Ather Energy and Hero MotoCorp. Its market share fell to around 7.4%, from the mid‑30s when it dominated the segment in 2023–24. ^[22]

The company has already slashed its FY26 annual sales forecast by about 40% to 2,21,000 units and now targets 100,000 deliveries in H2 FY26. Having sold 24,449 vehicles in October and November combined, Ola would need to average 18,888 units per month for the rest of the year to hit that revised target — more than double November’s run‑rate. ^[23]

Kotak Securities analysts Rishi Vora and Apurva Desai have warned that the company’s situation is already showing “visible strain” and cautioned that without fixing core volume issues, Ola’s fragility could escalate into a full‑blown crisis. ^[24]

Q2 FY26 Results: Losses Deepen, Revenues Plunge 43%

Under the surface, Ola Electric’s financials reveal a business under extreme stress.

A detailed Q2 FY26 (September quarter) analysis by MarketsMojo shows: ^[25]

Revenue: ₹690 crore, down 43.16% year‑on‑year and 16.67% sequentially
Net loss: ₹418 crore, a deterioration of about 15.6% YoY
Operating margin (ex‑other income):‑29.4%
PAT margin: a deeply negative ‑60.6%, the worst in seven quarters
H1 FY26 losses: ₹846 crore, putting the company on track to potentially exceed FY25’s full‑year loss of ₹2,276 crore if trends don’t improve

The report flags several red lights:

Revenue has been falling for four straight quarters, from a peak of ₹1,644 crore in June 2024 to ₹690 crore in September 2025.
Return on equity (ROE) is about –52%, and return on capital employed (ROCE) around –44–46%, meaning the company is destroying shareholder capital at a rapid pace. ^[26]
Operating cash flow for FY25 was a negative ₹2,391 crore, with rising interest costs and growing debt, suggesting a looming need for fresh capital. ^[27]

MarketsMojo assigns Ola Electric a “Strong Sell” tag with a low composite score, citing negative financial trends, weak quality metrics, risky valuation and sustained technical weakness. ^[28]

Big Investors are Exiting: Hyundai, Kia and SoftBank Stake Sales

The stock’s decline has also been amplified by stake sales from marquee investors, which have hurt sentiment.

In June 2025, Hyundai Motor completely exited Ola Electric, selling its entire 2.47% stake, while Kia trimmed its holding. The combined sale was worth about ₹689 crore, priced at a discount to market and sent Ola’s shares down around 8% that day. ^[29]
In September 2025, SoftBank’s SVF II Ostrich (DE) LLC sold 94.9 million shares, cutting its stake from 17.83% to 15.68% over less than two months. The disclosure triggered a 7% plunge in the stock, with multiple outlets highlighting investor worry over a major backer cashing out part of its holding. ^[30]

Earlier in March 2025, Bloomberg reporting (via Reuters) revealed Ola Electric planned to cut over 1,000 jobs across procurement, customer service, fulfillment and charging infrastructure in a second major round of layoffs, adding to concerns about the company’s ability to grow while slashing costs. The stock dropped nearly 5% on that news and was already down about 30% from the IPO price at the time. ^[31]

Taken together, OEM exits, a partial SoftBank sell‑down and large‑scale layoffs have reinforced the perception that Ola Electric is fighting a multi‑front battle: operational, financial and reputational.

What Market Experts are Saying Today

Coverage on December 4 from Hindi financial outlets paints a distinctly bearish picture of investor and analyst sentiment:

ET Now Swadesh reports that Ola Electric shares have now fallen for five straight sessions, with 1‑month losses of about 25% and year‑to‑date declines near 58%. Intraday, the stock locked in a 5% lower circuit at ₹36.12, with volumes about four times the 30‑day average as investors rushed for the exit. ^[32]
A technical expert quoted in the same report advises that fresh investors should strictly avoid the counter, while existing holders are urged to consider exiting, warning that the stock could slide further to around ₹30–31 if support levels continue to break. ^[33]

Back in May 2025, Kotak Securities had already turned cautious, cutting its target price on Ola Electric from ₹50 to ₹30 and flagging service and profitability concerns even when the stock was trading near ₹50. ^[34]

Today, technical research platforms such as MarketsMojo describe Ola Electric as being in a “pronounced bearish phase”, trading below all key moving averages (5‑, 20‑, 50‑, 100‑ and 200‑day) with no buyers visible in the order book at times during the session — a classic distress‑selling pattern. ^[35]

Beyond Today: What Should Investors Watch Now?

This article is not investment advice, but if you are tracking Ola Electric — whether as a current investor, a potential buyer, or simply a follower of India’s EV story — there are a few key variables to monitor from here.

1. Execution of the Service Reboot

The 250‑member rapid‑response taskforce and broader “service reboot” are designed to clear backlogs and rebuild trust. The crucial questions:

Do complaint volumes actually fall over the next few quarters?
Are response times and repair turnaround meaningfully improved?
Does customer sentiment (on social media, review platforms and complaint portals) recover?

If the reboot only adds cost without restoring customer satisfaction, the market is unlikely to reward it. ^[36]

2. Monthly Sales and Market Share

VAHAN data for December 2025 and beyond will be critical:

Ola must more than double its current monthly volumes to get anywhere near its already‑cut FY26 guidance. ^[37]
Watch whether the November collapse is a one‑off or the beginning of a longer‑term demand reset.
Track its ranking versus competitors like TVS, Bajaj, Ather and Hero MotoCorp, which have been steadily grabbing share. ^[38]

3. Funding, Cash Burn and Balance Sheet

With cumulative losses mounting and operating cash flow sharply negative, Ola Electric will likely need fresh capital if it wants to keep investing in products, batteries and infrastructure while funding service upgrades. ^[39]

Investors will be watching for:

Any new equity or debt raises (and at what valuations)
Changes in promoter and institutional shareholding
Signals about cost‑cutting vs. growth investment in upcoming quarters

4. Regulatory and Legal Risks

From CCPA notices over customer complaints to evolving EV subsidy frameworks, policy and regulatory risk remains another swing factor:

Further regulatory scrutiny on safety, advertising or service could hurt sentiment. ^[40]
On the positive side, continued policy support for EV adoption could provide a tailwind if Ola can regain its footing.

5. Sentiment Around New‑Age and EV Stocks

Ola Electric’s decline is also part of a broader pattern where high‑growth, loss‑making tech and EV names have derated sharply after euphoric IPOs. The stock’s future may partly depend on whether investors regain appetite for “growth at all costs” stories — or continue to insist on profitability and predictable cash flows.

Bottom Line

On December 4, 2025, Ola Electric’s share price slump is no longer just about a bad week on the markets. It’s the culmination of:

A steep collapse in sales and market share,
A long‑running service crisis now being addressed through a high‑profile reboot,
Deepening financial losses and heavy cash burn, and
High‑profile investor exits and stake trims from global giants like Hyundai, Kia and SoftBank. ^[41]

The company still sits in a structurally attractive space — India’s fast‑growing EV two‑wheeler market — and retains strong brand recognition. But for now, the stock market’s verdict is clear: Ola Electric has a lot to prove before investors are willing to pay up again.

References

HSBC Bank Today: New Chair, AI Ambitions and Asia Pivot Shape the 2026 Outlook (4 December 2025)

Vanquis Banking Group (LON: VANQ) Stock: Q3 2025 Profit, Motor Finance Redress Risk and the Road to 2027 Targets