Keeping an eye on Ola Electric shares? The stock market can be unpredictable, and Ola Electric’s performance is no exception. Whether you’re an investor, a market enthusiast, or just curious, here’s a breakdown of the latest updates on Ola Electric’s stock price, its performance against competitors, and expert predictions on where it’s headed next.
Ola Electric Share Price Today – Latest Market Update
On March 18, 2025, Ola Electric shares saw a decline of 7.18%, closing at ₹50.54 in the last session. Today, the stock has slipped further, currently trading at ₹46.91 per share. Investors are watching closely to see how the market reacts in the coming days.
On the last trading day, Ola Electric opened at ₹50 and peaked at ₹50.16, with a low of ₹46.40 before closing at ₹50.54.** The company’s market capitalization stands at ₹20,691.20 crore, and its 52-week high is ₹157.53, while the 52-week low is ₹50.31.
With an active trading volume of nearly 9.87 million shares on the BSE, Ola Electric shares remain a key player in the stock market, drawing investor interest despite its recent downtrend.
How Ola Electric Shares Are Performing Against Competitors
In comparison to its sector peers, Ola Electric shares have mirrored an 8.91% increase in price, pushing the stock up to ₹51.09 at one point today. Other companies in the electric mobility and automation space are also experiencing fluctuations:
Company | Latest Price (₹) | Change (₹) | % Change | 52W High (₹) | 52W Low (₹) | Market Cap (₹ Cr.) |
---|---|---|---|---|---|---|
Jyoti CNC Automation | 1044.8 | 27.3 | 2.68% | 1501.65 | 601.2 | 23,761.17 |
Motherson Sumi Wiring India | 51.69 | 0.72 | 1.41% | 80.0 | 46.06 | 22,852.71 |
Ola Electric Mobility | 51.09 | 4.18 | 8.91% | 157.53 | 46.4 | 22,534.93 |
Sagility India | 41.48 | 0.03 | 0.07% | 56.44 | 27.02 | 19,418.15 |
Five Star Business Finance | 680.15 | 13.0 | 1.95% | 943.2 | 614.5 | 20,080.13 |
Ola Electric Share Price – Analyst Ratings and Market Sentiment
Analyst ratings for Ola Electric shares currently lean towards a Hold recommendation. Here’s a look at what experts are saying:
- Median target price: ₹73.00 (55.62% higher than the current market price)
- Lowest target price: ₹50.00
- Highest target price: ₹87.00
- Predicted time frame: Next 12 months
Rating | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
Strong Buy | 2 | 2 | 1 | 1 |
Buy | 1 | 1 | 1 | 2 |
Hold | 2 | 2 | 2 | 0 |
Sell | 2 | 2 | 2 | 2 |
Strong Sell | 0 | 0 | 0 | 0 |
Technical Analysis: Ola Electric Shares on a Bearish Trend
Despite an intraday high of ₹50.16 and a low of ₹46.40, Ola Electric shares are currently moving in a bearish direction. Technical indicators suggest that the stock may continue facing downward pressure in the near term. However, long-term investors might see this as a buying opportunity, depending on how the company adapts to market changes.
Key Takeaways for Investors
- Market Volatility: Ola Electric shares are facing fluctuations, with a significant drop in the short term but potential for recovery.
- Competitor Movement: While Ola Electric is struggling, competitors like Jyoti CNC Automation and Motherson Sumi Wiring India are showing resilience.
- Analyst Predictions: Despite the current downtrend, analysts predict an upside of over 55%, making it an interesting stock to watch.
- Technical Trends: The stock is currently bearish, so short-term traders should proceed with caution, while long-term investors might find value in accumulating shares at a lower price.
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Conclusion
Ola Electric shares are currently on a rough ride, dropping by over 7% in a single day. While this might be worrying for some investors, others see it as a chance to buy at a lower price before a potential rebound. With analysts predicting an upside and competitor stocks showing mixed performance, keeping a close watch on Ola Electric’s movements in the coming weeks will be crucial.
If you’re investing in Ola Electric Mobility share price, staying informed about market trends, expert opinions, and competitor performance can help you make better decisions. Keep an eye on the stock, and let’s see how it plays out!