Ola Electric Share Price Surges 5% on PLI Certification, On Track for Biggest Monthly Gain
Today, one name is on everyone’s lips in the stock market—Ola Electric share price. Electric two-wheeler giant Ola Electric has once again made headlines when its stock surged more than 5% to reach ₹ 51.15. This jump has come after the company’s Gen 3 scooter portfolio received PLI certification, which could prove to be a game-changer for Ola. This is an emotional and exciting moment for both investors and EV lovers, as after this development, Ola Electric will be able to further strengthen its profitability and cost structure.
Ola Electric Share Price Boosted by PLI Certification
Ola Electric share price surged 5.3% to hit a high of ₹51.15 during Tuesday’s trading session. This momentum continued for the second day, which is a positive signal for the market. The company had announced through an exchange filing in Monday’s post-market hours that it has received certification under the Production Linked Incentive (PLI) Scheme.
This certification covers Ola Electric’s Gen 3 scooter portfolio, which is a major part of Ola’s sales. Now the company will get incentives of 13% to 18% till 2028, which will directly boost its margins and profitability. Ola says that this will strengthen their cost structure and put their journey to EBITDA positive on the fast track.
Ola Electric Gen 3 Scooter Portfolio And Incentives
The biggest impact of the PLI certification will be on Ola Electric’s Gen 2 and Gen 3 scooter portfolios. The Gen 3 lineup includes S1 Pro 3 kWh, S1 Pro 4 kWh, S1 Pro+ 4 kWh, S1 X 2 kWh, S1 X 3 kWh, S1 X 4 kWh and S1 X+ 4 kWh, which account for maximum sales of Ola as of date.
After this certification, market experts are expecting that the profitability of Ola Electric will improve in a noticeable way from Q2 of FY26. Meaning investors can expect to see a strong recovery in the next few quarters.
Ola Electric Share Price Gains Momentum with New Launches
The company also unveiled new models at its annual ‘Sankalp’ event, including S1 Pro Sport (5.2 kWh and 4 kWh variants), S1 Pro+ (5.2 kWh) and Roadster X+ (9.1 kWh), which is powered by Bharat Cell 4680. The schedule of deliveries has also been announced—the S1 Pro Sport will be available from January 2026, while the S1 Pro+ 5.2 kWh and Roadster X+ will come to the market by Navratri.
These launches clearly show that Ola Electric is not just focusing on the present but on the long-term future. This is the reason why new excitement and bullishness are being seen in Ola Electric share price.
Ola Electric Heads for Biggest Monthly Gain Since Listing
If the market momentum continues like this, August could become a historical month for Ola Electric. So far this month, Ola stock has registered a gain of 23%, and if this trend sustains, it will be the company’s biggest monthly gain since its listing in August 2024.
Company founder and chairman Bhavish Aggarwal clearly shared growth plans in the Sankalp event. He said that Ola Electric’s target is to capture 25–30% share of India’s two-wheeler EV market. For this, full focus is being given to vertical integration and new product launches.
Ola Electric Share Price Still Below IPO Levels
It should also be noted that despite strong recovery, Ola Electric share price is still 33% below the IPO price of ₹76 and 62% down from its all-time high of ₹157. Meaning investors will still need long-term patience.
The earnings of the June-ended quarter have also given some confidence. Ola posted a consolidated net loss of ₹428 crore in Q1 FY26, which is half the ₹870 crore loss of Q4 FY25. But revenue fell 49.6% to Rs 828 crore, which is a point of concern. Still, the reduction in losses shows that the company is slowly improving its financials.
Conclusion on Ola Electric Share Price
If we look at the overall picture, this rally in Ola Electric share price is a strong sign that the company is entering its turnaround phase. PLI certification will bring incentives and cost benefits, new scooters will create buzz in the market, and the company’s growth roadmap will build investor trust.
Even now, despite being below IPO levels, the long-term story for Ola Electric looks strong. If execution and demand both go in balance, Ola Electric is moving towards becoming a major leader in India’s EV sector.
Disclaimer:
This article is for informational purposes only. The content given here is not investment advice of any kind. Stock market investments always come with risk, so take a decision only after consulting your financial advisor.
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