OLA Electric Share Price Target 2030
OLA Electric Share Price Target 2025, 2026, 2027, 2028, 2029 and 2030
OLA Electric Mobility Ltd is a leading EV (two-wheeler) manufacturer company in India. Recently Ola Electric launched its IPO (Initial Public Offering) on 2nd-6th August 2024. After listing on 9th August, Once Ola Electric share price was increased to double from its IPO’s price. However, the share price has fallen around 40% from its high due to some issues with company products’ performance. Should you invest your valuable money in OLA Electric right now? Today we are going to analyse OLA Electric share price target 2025, 2026, 2027, 2028, 2029 and 2030 based on OLA Electric’s recent financial performance. We did research and received valuable advice from market experts on how to write this blog. It will help you to invest in OLA Electric shares.
Overviews of OLA electric
- Ola Electric, one of the largest Electric vehicle (EV) manufacturer companies was established by Bhavish Aggarwal. Its headquarters is situated in Bangalore, Karnataka.
- The company has engaged in manufacturing electric two-wheelers and established charging infrastructure. The company has a mission to make India an epicentre of manufacturing in EV worldwide.
- Presently, the company has concentrated on manufacturing only EV Scoorty now. However, the company will launch an EV bike in 2026.
- Ola Electric has expanded its retail network across India. By December 20, 2024, the company store will be increased from 800 to 4,000 locations in India.
- According to recent data, OLA Electric is the market leader in the Indian two-wheeler EV market with approx. 25% of the market share.
OLA Electric IPO details
Ola Electric IPO details below
- IPO Date : August 2, 2024 to August 6, 2024
- Price Band : ₹72 to ₹76 per share
- Lot size : 195 shares
- Issue Size : ₹6,145.56 crores,
- Minimum Investment : ₹14,820 for retail investors.
- Listing Date : August 9, 2024 on the BSE and NSE
The Ola IPO was oversubscribed and indicated strong investor interest.
Fundamentals of OLA electric Mobility Ltd
- Market Capitalization: ₹ 41,144 Cr.
- Current Price : ₹93.3
- 52 week High/Low : ₹158/66.6
- Stock P/E:
- Book Value: ₹14.9
- Dividend Yield :0.00%
- ROCE : -32.1%
- ROE :
- Profit Growth : -14.4%
- Sales Growth : 90.4%
- Promoter Holding : 36.8%
- Enterprise Value : ₹38,581 Cr.
- Debt to Equity : 0.51
- Debt : ₹3,355 Cr.
Ola Electric Share Price Target up to 2030
Ola IPO was oversubscribed which indicates a strong interest of the investors to invest in the share. Recently, Goldman Sachs, a famous brokerage firm has coverage on Ola Electric with a “buy” rating on September 17, 2024. The firm has guessed that the revenue growth of Ola Electric may increase to 40% CAGR from FY24 to FY30. As per the market experts, the demand for EVs in the market and the company’s business model will boost the share price of Ola Electric. But, over the last few months, the share price has been significantly falling due to some issues and unsatisfied customers. The price of the share in future depends on how tackles the situation. Ola Electric share price target 2025, 2025, 2027, 2028, 2029, 2030 below.
Ola Electric share price target 2025
As per market experts, it is expected that the minimum share price of Ola Electric Mobility Ltd may reach ₹81 and a maximum price ₹124 in the year 2025.
Year | Target Price
(min) |
Target Price
(max) |
2025 | ₹81 | ₹124 |
Read more : Tata Gold ETF share price target 2025 to 2035
Ola Electric share price target 2026
As per market experts, it is expected that the minimum share price of Ola Electric Mobility Ltd may reach ₹128 and a maximum price ₹157 in the year 2026.
Year | Target Price
(min) |
Target Price
(max) |
2026 | ₹128 | ₹157 |
Read More : Waaree Energies share price target 2025, 2026, 2027, 2028, 2029, 2030
Ola Electric share price target 2027
As per market experts, it is expected that the minimum share price of Ola Electric Mobility Ltd may reach ₹151 and a maximum price ₹184 in the year 2027.
Year | Target Price
(min) |
Target Price
(max) |
2027 | ₹151 | ₹184 |
Read more : Reliance industries limited share price target forecast – 2025, 2026, 2027, 2028, 2029 & 2030
Ola Electric share price target 2028
As per market experts, it is expected that the minimum share price of Ola Electric Mobility Ltd may reach ₹175 and a maximum price ₹207 in the year 2028.
Year | Target Price
(min) |
Target Price
(max) |
2028 | ₹175 | ₹207 |
Ola Electric share price target 2029
As per market experts, it is expected that the minimum share price of Ola Electric Mobility Ltd may reach ₹197 and a maximum price ₹231 in the year 2029.
Year | Target Price
(min) |
Target Price
(max) |
2029 | ₹197 | ₹224 |
Ola Electric share price target 2030
Ola Electric share price target 2030 As per market experts, it is expected that the minimum share price of Ola Electric Mobility Ltd may reach ₹228 and a maximum price ₹254 in the year 2030.
Year | Target Price
(min) |
Target Price
(max) |
2030 | ₹228 | ₹254 |
The peer companies of Ola Electric Ltd
- Eicher Motors (Market Capitalization : ₹132083.94 Cr.)
- TVS Motors (Market Capitalization : ₹118331.62 Cr.)
- Hero Motorcop (Market Capitalization : ₹94940.59 Cr.)
- Wardwizard Innovations & Mobility Ltd (Market Capitalization : ₹1129.05 Cr.)
- Urja Global (Market Capitalization : ₹993.07 Cr.)
The shareholder pattern of Ola Electric
- Promoters : 36.78%
- FIIs : 4.18%
- DIIs : 5.16%
- Public : 48.41%
- Others : 5.48%
The key factors of Ola Electric
-
Advanced Technology :
Ola Electric has installed advanced technologies including touchscreen display, app connectivity, digital lock and AI systems in its products. This step has made the products more attractive and updated to customers. It will increase the sales growth of the company and generate huge revenue.
-
Goal to Sustainability :
Most of the countries in the world have reduced carbon emissions and promoted sustainable development. In this case, Electric Vehicles play a vital role in the sustainability. EV-related Ola Electric has a chance to capture the trend and boost revenue and sales.
-
Market Strategies :
Ola has adopted some outstanding market strategies such as a Direct-to-consumer model, strong digital presence and marketing campaigns. This step will increase sales and positively impact its share price
-
Government Support :
The government has started some policies with subsidies to promote and support to increase of Electric Vehicles on the road. If Ola Electric can use this great opportunity, it will be profitable.
-
Diversified Portfolio :
The company has manufactured only scooters now. However, the company has concentrated on diversifying its product portfolio. The company has declared EV bikes will be launched in the near future. The diversified portfolio will reduce the risk of depending on the signal product. On the other hand, the company has established a charging infrastructure.
The risk factors of Ola Electric
-
High Competition :
High competition has shown in the EV sector with established global companies such as Tesla, BYD and Hyundai as well as local payers like Hero Electric, TVS and Ather Energy in the Indian market. It can cut down the percentage of profit, sales rate and revenue of Ola Electric. It can directly affect a company’s share price.
-
Technical Issues :
Any technical problem in Vehicles can affect the sales of the company. As per recent data, some issues like post-service issues, safety issues such as battery fires and unsatisfied customers have damaged the company’s reputation. If the company fails to track this situation, the share price of the company will significantly decrease.
-
Changing Government Policies and Regulations:
The growth of EV companies has depended on Government policies and regulations. Any changes in government incentives or subsidies for EVs can badly hit its share price.
-
Internal Problems :
While the number of Electric vehicles is climbing on the road, some consumers have faced some problems with a lack of charging infrastructure, range anxiety battery death etc. These problems cut down the interest of consumers to buy Electric Vehicles.
-
Maintain Quality Products :
It is important to maintain quality products in a fast-growing company. Any problem in technology can reduce the trust of the band.
Conclusion:
Recently, Ola Electric has faced some problems like losing market share, unsatisfying customers and Government monitoring. I hope Ola authorities will manage this situation. You may invest in the share after clearing the situation.
I have discussed all important facts about Ola Electric’s business and share price targets in this blog. I hope it will help you to invest in Ola Electric share. But it is a fact that the share market is always unpredictable. Nobody can read it properly. I am not a SEBI registered advisor. It is just a roadmap and is written for only information and education purposes, not recommendations. You should analyse yourself or take advice from any financial experts before investing.
*Disclaimer* :
The information provided on hsm_fin_advisor is for general informational purposes only and should not be considered financial advice or recommendation. While I strive to provide accurate and up-to-date content, I cannot guarantee the completeness or reliability of the information presented. Financial decisions are personal and can vary significantly based on individual circumstances.
Always consult with a qualified financial advisor or conduct thorough research before making any financial decisions. The views expressed on this blog are solely my own and do not reflect the opinions of any organizations or individuals I may be affiliated with.
By using this site, you agree that I am not liable for any losses or damages resulting from your reliance on any information provided here.