Shares of climbed 6.73 per cent on Thursday to close at Rs 36.65. However, despite the rebound, the stock remains down 57.49 per cent so far in 2025.

The Bhavish Aggarwal-led company, which once dominated India's electric two-wheeler market, slipped to fifth position in November, with Hero MotoCorp's EV arm Vida surpassing Ola Electric to become the fourth-largest player. Advertisement

On the earnings front, the company posted a narrower consolidated net loss of Rs 418 crore for the July–September quarter (Q2 FY26), compared with Rs 495 crore in the same quarter last year. However, revenue from operations fell 43 per cent year-on-year (YoY) to Rs 690 crore, down from Rs 1,214 crore in Q2 FY25.

Technically, analysts note that Ola Electric remains in a strong downtrend after recently mar

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