Ola Electric is an Indian EV two-wheeler manufacturing Company that recently raised funds through an initial public offering. In this article today we will discuss about Ola Electric Share Price Target. Ola Electric Mobility Limited’s price prediction will be based on Financial Performance and fundamental analysis. The Current Market Price of Ola Electric Mobility Limited is ₹91.20 as of 09-08-2024. Ola Electric Mobility was listed on the National Stock Exchange and Bombay Stock Exchange on August 09, 2024.
Ola Electric’s IPO was launched on 9 August 2024. On Friday, after the listing of Ola shares, there was significant trading volume, leading to a 20% gain in the stock price in just one day. There is a possibility of similarly high-volume trading in the stock in the coming days.
Ola Electric Limited Overview
Ola Electric was started in 2017. Bhavish Aggarwal is the founder of Ola Electric. In India, Ola Electric currently offers the S1 X, S1 Air, and S1 Pro model scooters in the market. Ola Electric is a subsidiary company of Ola Cabs. Ola Electric established the world’s largest electric two-wheeler factory in Tamil Nadu, known as the Ola Future Factory, with the capacity to manufacture 10 million scooters per year.
Ola Electric founder Bhavish Aggarwal has taken funding from many big foreign investors like SoftBank, Tiger Global Management, Matrix Partners India, and Temasek Holdings. Ola Electric is also developing India’s largest electric charging infrastructure. The Ola Electric Scooter includes multiple smart connecting features, making it the smartest scooter in India.
Ola Electric Share Price Target 2024
| Month | Target Price |
| Ola Electric Target Price For August 2024 | ₹85.90 |
| Ola Electric Target Price For September 2024 | ₹91.65 |
| Ola Electric Target Price For October 2024 | ₹89.50 |
| Ola Electric Target Price For November 2024 | ₹92.88 |
| Ola Electric Target Price For December 2024 | ₹94.56 |
Also Read: Suzlon Share Price Target
Ola Electric Share Price Target 2025
| Month | Target Price |
| Ola Electric Target Price For January 2025 | ₹96.80 |
| Ola Electric Target Price For February 2025 | ₹97.24 |
| Ola Electric Target Price For March 2025 | ₹99.65 |
| Ola Electric Target Price For April 2025 | ₹102.35 |
| Ola Electric Target Price For May 2025 | ₹105.87 |
| Ola Electric Target Price For June 2025 | ₹107.64 |
| Ola Electric Target Price For July 2025 | ₹106.55 |
| Ola Electric Target Price For August 2025 | ₹108.90 |
| Ola Electric Target Price For September 2025 | ₹112.49 |
| Ola Electric Target Price For October 2025 | ₹115.67 |
| Ola Electric Target Price For November 2025 | ₹117.99 |
| Ola Electric Target Price For December 2025 | ₹119.67 |
Ola Electric Share Price Target 2026
| Month | Target Price |
| Ola Electric Target Price For January 2026 | ₹120.55 |
| Ola Electric Target Price For February 2026 | ₹122.64 |
| Ola Electric Target Price For March 2026 | ₹125.44 |
| Ola Electric Target Price For April 2026 | ₹129.90 |
| Ola Electric Target Price For May 2026 | ₹128.56 |
| Ola Electric Target Price For June 2026 | ₹131.90 |
| Ola Electric Target Price For July 2026 | ₹134.69 |
| Ola Electric Target Price For August 2026 | ₹133.95 |
| Ola Electric Target Price For September 2026 | ₹135.49 |
| Ola Electric Target Price For October 2026 | ₹136.67 |
| Ola Electric Target Price For November 2026 | ₹137.99 |
| Ola Electric Target Price For December 2026 | ₹138.69 |
Also Read: RVNL Share Price Target 2024, 2025, to 2030
Ola Electric Share Price Target 2027
| Month | Target Price |
| Ola Electric Target Price For January 2027 | ₹141.62 |
| Ola Electric Target Price For February 2027 | ₹143.90 |
| Ola Electric Target Price For March 2027 | ₹145.75 |
| Ola Electric Target Price For April 2027 | ₹147.77 |
| Ola Electric Target Price For May 2027 | ₹152.10 |
| Ola Electric Target Price For June 2027 | ₹150.00 |
| Ola Electric Target Price For July 2027 | ₹151.72 |
| Ola Electric Target Price For August 2027 | ₹154.88 |
| Ola Electric Target Price For September 2027 | ₹156.93 |
| Ola Electric Target Price For October 2027 | ₹158.09 |
| Ola Electric Target Price For November 2027 | ₹160.23 |
| Ola Electric Target Price For December 2027 | ₹170.71 |
Ola Electric Share Price Target 2028
| Month | Target Price |
| Ola Electric Target Price For January 2028 | ₹176.52 |
| Ola Electric Target Price For February 2028 | ₹179.68 |
| Ola Electric Target Price For March 2028 | ₹182.47 |
| Ola Electric Target Price For April 2028 | ₹186.91 |
| Ola Electric Target Price For May 2028 | ₹189.59 |
| Ola Electric Target Price For June 2028 | ₹192.85 |
| Ola Electric Target Price For July 2028 | ₹196.69 |
| Ola Electric Target Price For August 2028 | ₹201.95 |
| Ola Electric Target Price For September 2028 | ₹204.49 |
| Ola Electric Target Price For October 2028 | ₹206.67 |
| Ola Electric Target Price For November 2028 | ₹208.99 |
| Ola Electric Target Price For December 2028 | ₹215.67 |
Also Read: NHPC Share Price Target
Ola Electric Share Price Target 2029
| Month | Target Price |
| Ola Electric Target Price For January 2029 | ₹219.55 |
| Ola Electric Target Price For February 2029 | ₹225.64 |
| Ola Electric Target Price For March 2029 | ₹235.44 |
| Ola Electric Target Price For April 2029 | ₹243.90 |
| Ola Electric Target Price For May 2029 | ₹267.56 |
| Ola Electric Target Price For June 2029 | ₹289.90 |
| Ola Electric Target Price For July 2029 | ₹300.69 |
| Ola Electric Target Price For August 2029 | ₹305.95 |
| Ola Electric Target Price For September 2029 | ₹308.49 |
| Ola Electric Target Price For October 2029 | ₹309.67 |
| Ola Electric Target Price For November 2029 | ₹316.99 |
| Ola Electric Target Price For December 2029 | ₹328.67 |
Ola Electric Share Price Target 2030
| Month | Target Price |
| Ola Electric Target Price For January 2030 | ₹334.95 |
| Ola Electric Target Price For February 2030 | ₹337.64 |
| Ola Electric Target Price For March 2030 | ₹342.49 |
| Ola Electric Target Price For April 2030 | ₹345.97 |
| Ola Electric Target Price For May 2030 | ₹348.56 |
| Ola Electric Target Price For June 2030 | ₹356.90 |
| Ola Electric Target Price For July 2030 | ₹359.73 |
| Ola Electric Target Price For August 2030 | ₹367.90 |
| Ola Electric Target Price For September 2030 | ₹378.49 |
| Ola Electric Target Price For October 2030 | ₹381.67 |
| Ola Electric Target Price For November 2030 | ₹386.99 |
| Ola Electric Target Price For December 2030 | ₹394.67 |
Also Read: Yes Bank Share Price Target
Ola Electric Financials 2023
| Particulars | Year (2023) |
| Revenue | ₹5,243 (Cr) |
| Expenses | ₹6,821 (Cr) |
| EBITA | ₹1,040.19 (Cr) |
| Profit Before Tax | ₹-1,584.40 (Cr) |
| Net Profit | ₹-1,584.40 (Cr) |
Ola Electric Fundamentals
| Particulars | Figures |
| Market Cap | ₹40,218 (Cr) |
| P/E Ratio | -25.40 |
| Debt to Equity | 1.34 |
| ROE | -78.46% |
| Book Value | 14.30 |
| Face Value | 10 |
Ola Electric Shareholding Pattern
| Particulars | Shareholding pattern |
| Retail Investor | 49.71% |
| Promoters | 36.78% |
| Foreign Institutions (FII) | 7.64% |
| Mutual Funds | 5.19% |
| Domestic Institutions (DII) | 0.68% |
Conclusion
Ola Electric Limited is not yet profitable. The company’s scooters include several smart features, yet there are currently many issues with them. Which can have an impact on the company’s business.
The target price of Ola Electric Limited given above is only a guidance. We do not give any kind of buy or sell advice. The target prices of the given Ola Electric Stocks are subject to change at any time depending on the market conditions. However, TrendFriend advises you to consult your experts for any investment In Ola Electric Stock.
FAQ’S
What is the target price of Ola Electric In 2024?
Ola Electric share price target is between ₹85.90 to ₹94.56 in 2024.
What is the target price of Ola Electric In 2025?
Ola Electric share price target is between ₹96.80 to ₹119.67 in 2025.
What is the target price of Ola Electric In 2026?
Ola Electric share price target is between ₹120.55 to ₹138.69 in 2026.
What is the target price of Ola Electric In 2027?
Ola Electric share price target is between ₹141.62 to ₹170.71 in 2027.
What is the target price of Ola Electric In 2028?
Ola Electric share price target is between ₹176.52 to ₹215.67 in 2028.
What is the target price of Ola Electric In 2029?
Ola Electric share price target is between ₹219.55 to ₹328.67 in 2029.
What is the target price of Ola Electric In 2030?
Ola Electric share price target is between ₹334.95 to ₹394.67 in 2030.
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I am Shivam, a trader, analyst, and passionate blogger with 2 years of experience in the financial markets. Specializing in market analysis and trading strategies, I provide valuable insights aimed at helping both new and experienced traders make informed decisions. Through my blog, I share my knowledge of financial trends, helping readers understand market movements and seize opportunities with confidence. Join me on this journey to enhance your trading skills and achieve your financial goals.