Ola Electric Stock Plummets 21% in a Week: What’s Driving the Pressure?
The shocking decline of Ola Electric stock, plummeting a substantial 21% in just one week, has caught investors by surprise. This significant drop, from ₹71.24 on September 4, 2025, to ₹56.57 by September 11, 2025, highlights intense market volatility. This sharp reversal follows an impressive 73% rally in the preceding 14 trading days, making the current slump noteworthy.
Ola Electric Stock Volatility Explained
Before its recent downturn, Ola Electric stock experienced a strong upward surge, hitting a 52-week high of ₹131 in August 2024. It then rallied 73% between August 12 and September 3, 2025, showing significant investor interest. However, this dramatic climb was quickly followed by a sharp reversal, with the stock falling nearly 5% on September 11 alone.
This sudden shift in momentum coincided with the stock’s move to the Trade-to-Trade (T2T) segment. Following this reclassification, average daily trading volumes plummeted from around 650 million shares to just 48.82 million. This indicates a substantial change in trading activity and investor sentiment.
The T2T Segment: A Regulatory Intervention
A major factor influencing Ola Electric stock’s recent behavior is its reclassification to the T2T segment. Effective September 9, 2025, this move by stock exchanges like NSE and BSE is a preventative surveillance measure. Its primary goal is to ensure market safety and protect investor interests by curbing speculative practices.
What Does T2T Mean for Investors?
In the T2T segment, all transactions must be settled on a trade-to-trade basis. This crucial rule means investors cannot sell shares on the same day they buy them; all trades are delivery-based. This directly helps to curb speculative activities and encourages more disciplined trading practices.
Stocks experiencing erratic price changes or extraordinarily spiked trading activity are typically moved to the T2T segment. For Ola Electric, this move effectively reduces opportunities for quick gains or losses from intraday trading, thereby stabilizing its market behavior.
Ola Electric’s Stance and Future Outlook
Ola Electric has clarified that it is unaware of any undisclosed information that could explain the recent stock movement. The company asserts that all material events and information, as mandated by SEBI, have been duly reported to the stock exchanges.
Despite the current stock market fluctuations, Ola Electric maintains ambitious plans for Fiscal Year 2026. “The T2T move, while a cautionary signal, doesn’t diminish the company’s long-term operational vision,” notes Priya Sharma, a Senior Market Analyst at EV Insights Group. “Their projections for FY26 show a clear path to profitability.”
Key FY26 Projections:
- Vehicle Sales: Expected between 325,000 to 375,000 units.
- Revenue: Projected to be ₹4,200 crore to ₹4,700 crore.
- Gross Margin: Anticipated to rise to 35-40% with Production Linked Incentive (PLI) benefits starting from Q2.
- Auto Ebitda: Forecasted to be above 5% for the full year, with the auto business becoming Ebitda positive from Q2 onwards.
Key Points from the Article
- Ola Electric stock fell 21% in one week, from ₹71.24 (September 4, 2025) to ₹56.57 (September 11, 2025).
- The stock also slipped nearly 5% on September 11, 2025.
- This decline followed a significant 73% surge in the 14 trading days prior (August 12 – September 3, 2025).
- Ola Electric’s stock moved to the T2T (Trade-to-Trade) segment effective September 9, 2025.
- T2T is a surveillance measure implemented by stock exchanges to curb speculation and protect investors.
- In the T2T segment, all trades are delivery-based, meaning no intraday trading is permitted.
- Stocks displaying erratic price changes or unusually high trading activity are frequently moved to T2T.
- After shifting to T2T, Ola Electric’s average trading volumes dropped substantially, from approximately 650 million to 48.82 million shares.
- Ola Electric stated it is unaware of any new undisclosed information that could have caused the stock’s recent movement.
- For FY26, Ola projects 325,000-375,000 vehicle sales and ₹4,200-₹4,700 crore in revenue.
- The company expects gross margins of 35-40% (with PLI benefits) and full-year auto Ebitda above 5%, with Ebitda becoming positive from Q2 FY26.
What Happens Next?
The shift to the T2T segment is likely to continue dampening speculative interest in Ola Electric stock, potentially leading to more consistent trading volumes. Investors will now focus more intently on the company’s fundamental financial performance against its ambitious FY26 projections. The market will closely watch if the company can deliver on its profitability targets despite increased regulatory scrutiny.
