Pre-market most active: OLAELEC.NS Ola Electric (NSE) INR 31.54 28 Jan 2026 : Monitor heavy volume

OLAELEC.NS stock leads pre-market activity on 28 Jan 2026 after heavy trading volume and a 4.34% intraday drop. Ola Electric Mobility Limited (NSE) trades at INR 31.54 with 65,879,377.00 shares changing hands so far. The move follows a string of lower highs this quarter and positions the stock as a most-active pick for intraday traders watching liquidity and short-term support.

OLAELEC.NS stock: Pre-market snapshot and trade flow

Ola Electric Mobility Limited (OLAELEC.NS) opened at INR 32.10 and is at INR 31.54 pre-market on 28 Jan 2026. The stock is down -4.34% from the previous close of INR 32.97. Volume is 65,879,377.00, matching the average volume of 65,597,138.00, which keeps OLAELEC.NS stock among the day’s most active names on NSE.

Day range is INR 30.76 to INR 32.25 and the 52-week range is INR 30.76 to INR 80.80. Market capitalization is INR 134,335,818,144.00, and shares outstanding are 4,197,994,317.00. Traders should watch the immediate support at the session low of INR 30.76.

OLAELEC.NS stock: Key fundamentals and valuation metrics

On fundamentals OLAELEC.NS stock shows negative earnings with an EPS of -5.24 and a trailing PE of -6.11. Price-to-sales is 4.23 and price-to-book stands at 3.08, reflecting growth expectations priced into the stock despite losses.

Balance-sheet ratios show a current ratio of 1.73 and debt-to-equity of 0.72. Revenue per share is 7.60 and book value per share is 10.39. Operating margin is negative at -70.57%, signalling high operating losses even as gross margin sits near 15.06%.

OLAELEC.NS stock: Technical picture and momentum

Technicals for OLAELEC.NS stock are mixed. RSI is 51.92, indicating neutral momentum. MACD reads 0.60 with a signal at -0.25, producing a positive histogram of 0.85, which suggests short-term bullish momentum.

Moving averages show the 50-day at INR 37.68 and the 200-day at INR 46.32, both above the current price. ADX is 32.09, denoting a strong trend, and MFI at 80.47 flags short-term overbought flows despite the price pullback.

Meyka AI grade and forecast for OLAELEC.NS stock

Meyka AI rates OLAELEC.NS with a score of 55.81 out of 100 (Grade C+, Suggestion: HOLD). This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus.

Meyka AI’s forecast model projects a monthly target of INR 19.70 and a quarterly signal of INR 3.12 versus the current price of INR 31.54. That implies an immediate downside of -37.53% to the monthly forecast and -90.10% to the quarterly figure. Forecasts are model-based projections and not guarantees.

OLAELEC.NS stock: Catalysts, risks and sector context

Key upcoming catalyst is the earnings announcement on 06 Feb 2026, which can swing sentiment. Ola Electric sits in the Consumer Cyclical sector and the Auto – Manufacturers industry, where YTD sector weakness is visible. EV demand, production ramps, and subsidy updates will influence OLAELEC.NS stock.

Principal risks include continued losses, high operating leverage, and competition from established OEMs. Liquidity and high daily volume make trading possible, but price volatility and wide valuation dispersion increase short-term risk.

OLAELEC.NS stock: Trading strategy for most-active pre-market players

For most-active traders, plan entry on confirmed volume above avg 65,597,138.00 and use the day low INR 30.76 as intraday support. Immediate resistance sits near the 50-day MA at INR 37.68, then the 200-day MA at INR 46.32.

Short-term price targets: conservative intraday target INR 28.00, tactical bounce target INR 38.00, medium-term price target INR 45.00. Use tight stops and position sizing to limit downside. Remember, OLAELEC.NS stock moves fast on news and volume spikes.

Final Thoughts

OLAELEC.NS stock is the most active pre-market name on 28 Jan 2026, trading at INR 31.54 on heavy liquidity. The mix of large volume and negative earnings makes it attractive to active traders but risky for buy-and-hold investors. Valuation metrics such as price-to-sales 4.23 and price-to-book 3.08 show market optimism against a backdrop of operating losses and negative EPS -5.24. Technically, the 50-day and 200-day moving averages at INR 37.68 and INR 46.32 are key resistance levels to clear for a sustained rally.

Meyka AI’s forecast model projects a monthly figure of INR 19.70, implying significant downside from current levels. Meyka AI’s grade of 55.81/100 (C+, HOLD) reflects mixed signals across fundamentals, sector performance, and market action. Forecasts are model-based projections and not guarantees. Active traders should watch earnings on 06 Feb 2026, volume confirmation, and manage risk with disciplined stops. Meyka AI provides this AI-powered market analysis platform view to help frame decisions; it is not financial advice.

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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.