Pre-market most active, OLAELEC.NS Ola Electric INR 43.92 Jan’26: volume spike
The OLAELEC.NS stock is the top pre-market mover on 09 Jan 2026 after a heavy volume surge that lifted the price to INR 43.92. Traders show renewed interest with volume 320853935.00 versus an average of 52221989.00, a relative volume near 2.48. This jump comes ahead of an earnings date on 06 Feb 2026 and follows recent volatility from the 52-week range of INR 30.76–80.80. We break down what the flow means for intraday traders and longer-term investors.
OLAELEC.NS stock pre-market snapshot
OLAELEC.NS opened at INR 41.22 and is trading at INR 43.92 in pre-market on Jan’26. The intraday low is INR 39.70 and high is INR 44.28. Volume today is 320853935.00, well above the average volume of 52221989.00. The stock shows a small change of 0.34 or 0.78%, indicating active orderflow ahead of the open.
Why OLAELEC.NS stock is most active pre-market
Trading intensity reflects two clear drivers. First, mean reversion players are testing the 50-day average INR 40.31 versus the 200-day average INR 47.23, creating a chase on either side. Second, an earnings announcement set for 06 Feb 2026 concentrates speculative flows. Both drivers explain the high relVolume 2.48 and the large trade blocks visible in the tape.
OLAELEC.NS stock fundamentals and valuation
Ola Electric reports trailing EPS of -5.24 and a negative PE of -8.07, reflecting losses. Price-to-book is 4.07 and price-to-sales is 5.59, with cash per share 7.00 and book value per share 10.39. Current ratio sits at 1.73 and debt-to-equity is 0.72, showing a manageable leverage profile for a growth auto manufacturer. These metrics show growth investment characteristics but negative profitability.
Technical read on OLAELEC.NS stock
Momentum favors buyers but with caution. RSI is 61.34, MACD histogram is positive at 1.34, and ADX at 35.53 signals a strong short-term trend. Bollinger upper band is 43.42 and middle band 36.78, placing the pre-market price near the upper band. Key intraday support sits near INR 39.70, with immediate resistance at the day high INR 44.28 and the 200-day average INR 47.23.
Meyka AI grade and OLAELEC.NS stock forecast
Meyka AI rates OLAELEC.NS with a score out of 100: 55.09 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst signals. Meyka AI’s forecast model projects a yearly target INR 34.76, a monthly view at INR 10.76, and a quarterly tilt to INR 4.30. These model outputs are probabilistic and not guarantees.
Risks and opportunities for OLAELEC.NS stock
Opportunity: Ola Electric benefits from India’s EV policy tailwinds and product expansion in scooters and charging solutions. The company’s working capital of INR 22,660,000,000.00 and tangible asset base provide operational flexibility. Risk: negative margins and negative ROE at -43.02% weaken near-term profitability. High volatility and heavy speculative volume increase execution risk for short-term traders.
Final Thoughts
OLAELEC.NS stock is the most active pre-market name on Jan’26 driven by outsized volume and earnings season positioning. At INR 43.92, the tape shows short-term buyer interest, supported by an RSI of 61.34 and a positive MACD histogram. Fundamental metrics remain mixed: negative EPS -5.24, PB 4.07, and a current ratio near 1.73. Meyka AI’s forecast model projects a yearly figure of INR 34.76, implying an estimated downside of -20.88% from the current level. Our proprietary grade is C+ (55.09) with a HOLD suggestion, reflecting sector comparisons, financials, and forecast uncertainty. Traders should watch volume and the upcoming 06 Feb 2026 earnings for catalysts. Remember, forecasts are model-based projections and not guarantees, and Meyka AI provides this as an AI-powered market analysis platform to inform, not advise.
FAQs
What is the current price of OLAELEC.NS stock pre-market?
Pre-market on Jan’26, OLAELEC.NS stock is trading at INR 43.92 with volume 320853935.00 and a small price change of 0.34 or 0.78% versus previous close.
What is Meyka AI’s grade for OLAELEC.NS stock?
Meyka AI rates OLAELEC.NS with a score of 55.09, grade C+, and a suggestion of HOLD. The grade uses sector, growth, key metrics, and forecast components and is not financial advice.
What forecast exists for OLAELEC.NS stock price?
Meyka AI’s forecast model projects a yearly figure of INR 34.76 for OLAELEC.NS stock. This implies an estimated downside of -20.88% from the current INR 43.92. Forecasts are model-based and not guarantees.
Why is OLAELEC.NS stock showing high volume today?
High pre-market volume reflects speculative positioning ahead of earnings on 06 Feb 2026, checks against 50- and 200-day averages, and short-term momentum trades. The relVolume of 2.48 confirms unusually heavy activity.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.