What is the current price and immediate trend for OLAELEC.NS stock?

OLAELEC.NS stock trades at **INR 24.08** pre-market on 04 Mar 2026 and is down **-4.52%**; momentum indicators show an oversold trend with RSI **20.14**, indicating potential for a short-term bounce if volume rises.

What are the main valuation and profitability metrics for OLAELEC.NS stock?

Ola Electric (OLAELEC.NS) posts **EPS -5.05**, **PE -4.77**, price-to-sales **3.89**, and price-to-book **2.32**. Negative earnings and free cash flow require monitoring of delivery growth and cash burn.

What price levels should traders watch for OLAELEC.NS stock?

Watch support near the day low and Bollinger lower band (**INR 23.17**), resistance at the 50-day average (**INR 33.16**) and a conservative short-term price target of **INR 18.22** per Meyka AI's monthly forecast.

How does Meyka AI rate OLAELEC.NS stock and what does that mean?

Meyka AI rates OLAELEC.NS **58.50/100 (C+)** with a **HOLD** suggestion. The grade factors in benchmark, sector, metrics, growth and analyst signals and is informational, not financial advice.

IN Stocks

Pre-market most active: OLAELEC.NS Ola Elec NSE 24.08 04 Mar 2026: RSI oversold

ByDanny Kontos March 4, 2026March 4, 2026

OLAELEC.NS stock opened pre-market at INR 24.08, down -4.52% on 04 Mar 2026 and is among the most active names on NSE with 63,395,757.00 shares traded yesterday. This early weakness follows a sharp YTD slide of -35.80% and places the share price near its 52-week low of INR 23.62. Traders will watch volume, RSI and 50-day averages for a short-term reaction. We examine fundamentals, technicals, Meyka AI grading and forecast to frame actionable observations for the pre-market session.