"All-electric Future. From India. For the world."Ola Electric Mobility Ltd
About
Founded in 2017, Ola Electric Mobility Limited is an electric vehicle company that primarily manufactures electric vehicles and core components for electric vehicles. These components include battery packs, motors, and vehicle frames, all produced at the Ola Futurefactory.
Key Points
Market Leadership Co. is the largest E-Scooter Manufacturing company in India, with 31% market share in the E2W sector, selling 329,618 scooters in FY24.
Product Portfolio
1. Ola S1 Pro: A premium scooter with a 195 km range, 120 kph top speed, and a 7-inch touchscreen.
2. Ola S1 Air: Offers a 151 km range, 6 kW motor power, and a 7-inch touchscreen.
3. Ola S1 X+: A budget-friendly model with a 151 km range, keyless unlock, and a 5-inch display.
4. Ola S1 X: Mass-market scooters with up to 190 km range, available in 2 kWh, 3 kWh, and 4 kWh battery options, with a 3.5-inch display.
⚡ Ola Electric – Early Signs of Revival?
CMP: ₹41.73 | View: High-Risk Accumulation | Timeframe: Daily Chart | Sector: EV
🛵 Technical View:
Ola Electric has been in a steady downtrend since its listing but now showing signs of base formation near ₹40.
MACD on multiple settings is flattening and attempting crossover.
RSI has bounced from oversold zones and moving upward.
ADX/DMI showing reduction in negative strength – trend reversal possible.
Ichimoku cloud flattening – early signal for sideways to positive shift.
🔹 Key Price Levels:
🔸Support: ₹38.5 – ₹40
🔸Breakout Zone: ₹44.5 – ₹47
🔸Resistance: ₹51.5 / ₹60
📊 Volume:
Gradual rise in volumes with sideways consolidation. First green daily candle after long lower highs.
🔍 Fundamentals & Progress:
From Screener:
Not yet profitable, but business is capital-intensive and scaling.
Valuations currently not attractive, but price is near listing lows, making risk-reward favorable for high-risk investors.
🚀 Company Developments:
✅ Ola is rapidly expanding its EV scooter sales & showroom network
✅ Ola official site: Announced upcoming electric motorcycles and focus on battery innovation
✅ Government push for EV adoption will benefit Ola long-term
✅ Founder Bhavish Aggarwal aims to build an EV ecosystem (batteries + charging infra + vehicles)
🧠 Why Watch This Stock?
Sentiment may shift as markets look for beaten-down growth stories
Ola has brand recall, scale, and distribution
Any positive update (sales, production ramp-up, JV) can trigger a move
⚠️ Disclaimer:
This is a high-risk idea, suitable only for long-term investors or speculators with risk appetite. Not a recommendation. Do your own research.
📝 Note: Please do your own due diligence. This is not a recommendation, just a view based on charts and fundamentals.
🧠 Disclaimer: For educational and research purposes only. No buy/sell advice.
📝 Chart Purpose & Disclaimer:
This chart is shared purely for educational and personal tracking purposes. I use this space to record my views and improve decision-making over time.
Investment Style:
All stocks posted are for long-term investment or minimum positional trades only. No intraday or speculative trades are intended.
⚠️ Disclaimer:
I am not a SEBI registered advisor. These are not buy/sell recommendations. Please consult a qualified financial advisor before taking any investment decision. I do not take responsibility for any profit or loss incurred based on this content.
