Following A Business Report in March 2025, Ola Electric’s Share Price Increases
Following the March sales data release and the rise in the order backlog, Ola Electric’s stock price increased by 2%. Despite this rise, the stock trades 66% behind its record-high levels.
On Tuesday, April 1, Ola Electric Mobility’s stock increased by about 2% after the company’s March sales figures and registration backlog update were made public.
The business stated in an exchange filing that “Ola Electric registered 23,430 units in March 2025 (as per the VAHAN portal), reflecting strong demand across urban and rural markets.”
The number, however, is less than the 25,000 units recorded in February 2025 and far less than the 50,000 units a month that Ola’s founder and CEO, Bhavish Aggarwal, estimated was necessary for the firm to reach EBITDA breakeven.
The business also reported maintaining its leading position in the E-2W industry in FY25, registering 3,44,005 units with a 30% market share.
Ola’s Registration Backlog:
The encouraging news regarding the February backlog’s resolution gives investors confidence in the stock. According to the firm, there were brief interruptions when in-house car registrations were implemented in February. Ola stated in a filing that daily registration volumes and backlog clearance are gradually improving as the changeover proceeds.
“We anticipate finishing the remaining February–March registrations in April 2025, having almost cleared the February backlog. We are actively cooperating with all external partners and expanding our registration processes to enable this,” the statement continued.
According to a further update, the business started delivering its Gen 3 portfolio in March 2025 in response to a resounding consumer reaction, with demand exceeding projections. To improve customer satisfaction and expedite delivery, we increased manufacturing of our Gen 3 portfolio in March and will do so again in April, Ola stated.
Today’s intraday trading saw a 2% increase in Ola Electric’s share price following the March 2025 business update. In contrast to its previous close of ₹52.97, the electric two-wheeler manufacturer’s shares began at ₹53.72 and rose to the day’s high of ₹54.04.
The company’s stock is 66% below its all-time high of ₹157.53, notwithstanding recent increases. At the same time, the stock is down 28% from its ₹76 IPO price. The shares of Ola Electric dropped 37.99% in 2025 alone.
