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Ola Electric Mobility announced its Ola Celebrates India campaign ahead of the festive season. As part of this campaign, the company has introduced Ola Muhurat Mahotsav with never seen before prices for its S1 scooters Roadster X motorcycles starting at Rs 49,999, for 9 days starting 23 September 2025.
Under the Muhurat Mahotsav, S1 X 2kWh and Roadster X 2.5kW will be priced at Rs 49,999, and S1 Pro+ 5.2kWh, and Roadster X+ 9.1kWh will be priced at Rs 99,999. Both S1 Pro+ 5.2kWh and Roadster X+ 9.1kWh come with 4680 Bharat Cell battery packs.
The company will offer limited units of the S1 and Roadster at these prices on a first come, first served basis with Muhurat time-slots being announced on the brand's social media handles each day.
Ola Electric Mobility announced a major manufacturing milestone as it rolled out its one-millionth vehicle from its Futurefactory in Krishnagiri, Tamil Nadu. To mark this historic milestone, Ola Electric rolled out a special edition Roadster X+ in a midnight blue, with sporty red accents across dual tone seat, rims and the battery pack.
Ola Electric commenced production in 2021 and has achieved this landmark in under four years, driven by strong demand for its S1 portfolio of electric scooters, and the recently launched Roadster X electric motorcycles.
Aditya Vision Ltd, Mrs Bectors Food Specialities Ltd, Lloyds Engineering Works Ltd Partly Paidup and Religare Enterprises Ltd are among the other losers in the BSE's 'A' group today, 05 September 2025.
Ola Electric Mobility Ltd crashed 7.14% to Rs 59.98 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 489.26 lakh shares were traded on the counter so far as against the average daily volumes of 443.14 lakh shares in the past one month.
Aditya Vision Ltd lost 4.56% to Rs 494.85. The stock was the second biggest loser in 'A' group.On the BSE, 5.27 lakh shares were traded on the counter so far as against the average daily volumes of 5.12 lakh shares in the past one month.
Mrs Bectors Food Specialities Ltd tumbled 4.02% to Rs 1415.7. The stock was the third biggest loser in 'A' group.On the BSE, 25170 shares were traded on the counter so far as against the average daily volumes of 8765 shares in the past one month.
Lloyds Engineering Works Ltd Partly Paidup fell 4.02% to Rs 41.75. The stock was the fourth biggest loser in 'A' group.On the BSE, 38061 shares were traded on the counter so far as against the average daily volumes of 44941 shares in the past one month.
Religare Enterprises Ltd slipped 3.75% to Rs 253. The stock was the fifth biggest loser in 'A' group.On the BSE, 16262 shares were traded on the counter so far as against the average daily volumes of 71894 shares in the past one month.
The latest slump comes after Masayoshi Son-led SoftBank Group pared its stake in the company. According to a regulatory filing, SoftBank's investment arm SVF II Ostrich (DE) LLC sold 9.49 crore equity shares, representing 2.15% of Ola Electric's equity, between July 15 and September 2. The sale crossed the 2% threshold requiring disclosure under SEBI's takeover regulations.
Prior to the transaction, SoftBank held 78.66 crore shares or 17.83% of the company’s paid-up capital. Post-sale, its stake stands at 69.16 crore shares or 15.68%. Despite the dilution, SoftBank remains one of the largest institutional shareholders in Ola Electric, having been an early backer with multiple investments before the IPO.
The stock had earlier gained momentum after Ola secured compliance certification under the government’s Production Linked Incentive (PLI) scheme for its Gen 3 electric scooters. The Automotive Research Association of India (ARAI), under the Ministry of Heavy Industries, granted certification covering all seven Ola S1 Gen 3 models, making Ola’s entire Gen 2 and Gen 3 range PLI-certified.
The Gen 3 scooters account for most of the company's sales, and the certification is expected to materially improve profitability from Q2 FY26. Under the scheme, Ola Electric will be eligible for incentives ranging between 13% and 18% of determined sales value until 2028.
At its annual 'Sankalp' event, the company also unveiled new models — S1 Pro Sport (5.2 kWh and 4 kWh), S1 Pro+ (5.2 kWh), and Roadster X+ (9.1 kWh) powered by the 4680 Bharat Cell — with prices starting at Rs 1,49,999. Deliveries for S1 Pro Sport will begin in January 2026, while the others will roll out during Navratri this year.
Separately, at its first AGM since listing, Ola Electric secured shareholder approval to reallocate IPO proceeds and extend deployment timelines. The resolution was passed with 99.08% votes in favour.
Ola Electric Mobility is India's leading electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. Ola maintains a direct-to-customer distribution network and an online presence.
The company’s consolidated net loss narrowed to Rs 428 crore in Q1 FY26 as against net loss of Rs 870 crore in Q4 FY25. Revenue from operations jumped 35.52% QoQ to Rs 828 crore in Q1 FY26.
Vaibhav Global Ltd, Zydus Wellness Ltd, Granules India Ltd and Chennai Petroleum Corporation Ltd are among the other gainers in the BSE's 'A' group today, 01 September 2025.
Ola Electric Mobility Ltd spiked 11.18% to Rs 60.06 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 530.55 lakh shares were traded on the counter so far as against the average daily volumes of 282.53 lakh shares in the past one month.
Vaibhav Global Ltd soared 8.75% to Rs 221.85. The stock was the second biggest gainer in 'A' group. On the BSE, 22012 shares were traded on the counter so far as against the average daily volumes of 22788 shares in the past one month.
Zydus Wellness Ltd surged 7.53% to Rs 2168.4. The stock was the third biggest gainer in 'A' group. On the BSE, 44566 shares were traded on the counter so far as against the average daily volumes of 2120 shares in the past one month.
Granules India Ltd added 6.13% to Rs 522.1. The stock was the fourth biggest gainer in 'A' group. On the BSE, 2.25 lakh shares were traded on the counter so far as against the average daily volumes of 1.2 lakh shares in the past one month.
Chennai Petroleum Corporation Ltd jumped 5.68% to Rs 681.5. The stock was the fifth biggest gainer in 'A' group. On the BSE, 33843 shares were traded on the counter so far as against the average daily volumes of 37408 shares in the past one month.