Ola Electric’s stock has fallen 38% from its peak to ₹97.85 amid investor concerns over market share losses and product reliability issues. Increased competition in the growing electric vehicle market in India is weighing on Ola Electric shares.

The stock was down 2.59% at Rs 99.55 on the Bombay Stock Exchange (BSE), marking a sharp decline from its record high of Rs 157.53 on August 20, 2024.

Ola Electric, India's leading electric two-wheeler maker, announced plans to expand its service network and offer new customer benefits to boost EV adoption.

Shares of Ola Electric Mobility fell more than 4 percent in trade on September 30, which also took the stock below the Rs 100-mark for the first time since its market listing. Moreover, the stock has also been in the red for 12 out of the last 14 sessions.

Shares of Ola Electric Mobility fell more than 4 per cent on Monday and slipped below the Rs 100 mark for the first time since its listing last month.

Bhavish Aggarwal-run Ola Electric sold 22,950 electric two-wheelers in the month of September – about 17 per cent drop from

With Monday's drop, shares of Ola Electric Mobility have now declined 37% from its peak of ₹157.4, which it had surged to, just a few days after its listing.

Shares of Ola Electric Mobility fell more than 4 per cent on Monday and slipped below the Rs 100 mark for the first time since its listing last month.

The shares of Ola Electric Mobility on Monday (September 30) fell more than 4 per cent, dipping below the Rs 100 mark for the first time since its market debut. A Troubling Trend In the last month alone,