OLAELEC.NS Ola Electric down 12.57% on 20 Jan 2026 NSE: watch 50-day support
OLAELEC.NS stock fell sharply on market close, ending at INR 32.56 after a -12.57% decline on 20 Jan 2026. Traders pushed 138,970,095.00 shares through the tape, almost twice the average daily volume. The drop put the price near its year low of INR 30.76 and below the 50-day average of INR 38.65. Active investors should note the liquidity and volatility now concentrated around key technical support and the company’s upcoming earnings on 06 Feb 2026.
OLAELEC.NS stock: Price action and volume
Today Ola Electric Mobility Limited (OLAELEC.NS) closed at INR 32.56 after trading between INR 32.17 and INR 35.78. Volume reached 138,970,095.00, versus an average volume of 60,276,368.00, showing heavy intraday activity. The stock opened at INR 35.73 and moved down from the previous close of INR 37.24, signalling strong sell-side pressure during the session.
OLAELEC.NS stock: Fundamentals snapshot
Ola Electric shows a market cap of INR 149,919,723,595.00 with EPS at -5.24 and a trailing PE of -6.82, reflecting negative earnings. Key valuation ratios include P/S 4.72 and P/B 3.44. The company has a current ratio of 1.73 and debt to equity of 0.72, indicating moderate leverage for an auto manufacturer in India.
OLAELEC.NS stock: Technical indicators and key levels
Momentum indicators are mixed: RSI sits at 51.92, MACD histogram is positive at 0.85, and ADX reads 32.09 indicating a strong short-term trend. The 50-day average is INR 38.65 and the 200-day average is INR 46.74, both above the current price. Watch support at the year low INR 30.76 and resistance around the 50-day at INR 38.65 for short-term trade signals.
OLAELEC.NS stock: Meyka AI grade and model forecast
Meyka AI rates OLAELEC.NS with a score out of 100: 55.92 (Grade C+, Suggestion: HOLD). This grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst consensus. Meyka AI’s forecast model projects a monthly target of INR 37.13, implying an upside of 14.04% versus the current price INR 32.56. Forecasts are model-based projections and not guarantees.
OLAELEC.NS stock: Risks and catalysts
Key near-term catalysts include the earnings release scheduled for 06 Feb 2026 and sector demand trends for electric two-wheelers in India. Risks are persistent negative margins (operating margin -70.57%), negative ROE -43.02%, and competition from established automakers. Regulatory shifts or production disruptions could widen volatility and impact pricing.
OLAELEC.NS stock: Trading strategy for most active investors
For active traders, volume and ATR are central: ATR is 2.37 indicating meaningful daily moves. A short-term plan could use stops below INR 30.00 and target resistance at INR 38.00 for a near-term swing. For tactical longs consider partial entry near INR 31.00 with a 12-month analyst-style price target range of INR 45.00 to INR 55.00, depending on margin recovery. These price targets reflect analyst consensus and sector comparables, not a guarantee.
Final Thoughts
OLAELEC.NS stock closed the session at INR 32.56, down 12.57% on heavy volume, and is trading below its 50-day and 200-day averages. Fundamentals show negative earnings with EPS -5.24 and a trailing PE of -6.82, while liquidity remains strong with 138,970,095.00 shares traded. The Meyka AI grade of C+ (55.92) points to a neutral stance, reflecting mixed sector dynamics and the company’s growth outlook. Meyka AI’s forecast model projects INR 37.13 monthly, an implied upside of 14.04% versus the current price; this projection is model-based and not a guarantee. Traders should watch the upcoming 06 Feb 2026 earnings, monitor support at INR 30.76, and use disciplined risk controls given the stock’s volatility and operating losses. As an AI-powered market analysis platform, Meyka AI flags both the opportunity from a near-term mean-reversion and the structural risks from weak margins and competition.
FAQs
What drove OLAELEC.NS stock lower today?
The stock fell on heavy selling pressure and high volume. Price closed at INR 32.56, below the 50-day average. Traders cited weak sentiment ahead of earnings and margin concerns shown in EPS -5.24.
What is Meyka AI’s short-term forecast for OLAELEC.NS stock?
Meyka AI’s forecast model projects a monthly target of INR 37.13, implying about 14.04% upside from INR 32.56. Forecasts are model-based projections and not guarantees.
Is OLAELEC.NS stock a buy for active traders?
Active traders may consider tactical buys near support around INR 31.00 with tight stops and targets near INR 38.00. Given operating losses and volatility, positions should be size-managed.
What are the main risks to OLAELEC.NS stock performance?
Main risks include negative margins (operating margin -70.57%), declining price momentum, competition, and earnings that could disappoint on 06 Feb 2026. These factors can widen intraday swings.
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.
