Ola Electric shares rise 4% ahead of Q2 results; earnings call set for today

Ola Electric Mobility Limited's shares experienced a surge of up to 7 percent on the National Stock Exchange on Thursday, before settling back, trading at ₹35.77, a 3.89 percent increase from the previous close of ₹34.43. The electric two-wheeler manufacturer is preparing for its second-quarter earnings announcement for FY2026-27 and is set to host an earnings conference call at 5:00 PM IST today.

The call will feature Bhavish Aggarwal, Founder, Chairman, and Managing Director, along with Chief Financial Officer Deepak Rastogi, to discuss the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.

The stock achieved an intraday high of ₹37.00, its highest level in recent trading sessions, with a traded volume of over 1,224 lakh shares, resulting in a traded value of approximately ₹443 crore. As of midday, Ola Electric's total market capitalization stood at ₹16,541.93 crore. Despite the intraday gains, the company remains down over 17 percent year-on-year, having reported losses in each of the last eight quarters.

Currently, Ola Electric's stock price is trading below its 200-day exponential moving average near ₹38, a key resistance zone identified by analysts. The company listed on Indian exchanges in August 2024 and is included in the Nifty Smallcap 100 index. The stock's 52-week range spans ₹22.25 to ₹49.05.