22 Jan 2026, Thu

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Ola Electric Stock Crash: In the last few days, there has been tremendous pressure on the shares of electric vehicle company Ola Electric in the Indian stock market. The company’s shares have fallen by about 40 percent in the last three months. Due to which its market value has decreased by approximately Rs 9,000 crore. Due to continuous decline, the concern of investors is increasing.

The situation is such that in the last 14 trading sessions, the company’s shares have been able to register strength only for 3 days. At present it is trading near its 52-week low level. Which points towards difficult times for the company. Let us know, what is the reason behind this decline?

Top leadership continues to resign

The news of resignations of top officials in Ola Electric is continuously coming out. In the information given to the exchange this week, the company said that its Chief Financial Officer (CFO) Harish Abichandani has resigned from his post with effect from January 19, 2026. The company says that it has taken this decision due to personal reasons.

This is the second major resignation of the top leadership in the last two months. Earlier in December, the company’s Business Head Sales, Vishal Chaturvedi had also left the company citing personal reasons. Due to these continuous changes, there is an atmosphere of uncertainty among investors.

SoftBank reduced stake in Ola Electric

Another matter of concern for Ola Electric is that its major investor company SoftBank has also reduced its stake. According to the information given to the stock exchange recently, SoftBank Group has reduced its stake in the company from 15.68 percent to 13.53 percent.

According to the filing, SoftBank has sold about 9.46 crore shares in the market between September 3, 2025 and January 5, 2026.

Company’s condition in stock market

There was a slight rise in company shares on BSE at around 2:30 pm on Thursday, January 22. The shares were trading at Rs 32.99, up 0.24 percent or Rs 0.08. The intraday high of the day was Rs 33.87.

Talking about the 52-week high level of company shares, during this period the shares had touched the figure of Rs 80.75. Whereas the low level of 52 weeks is Rs 30.79. The total market cap of the company is more than Rs 14,500 crore.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

Also read: Who is Albinder Dhindsa, the new CEO of Eternal? Know his story from education to professional journey

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