The steep fall in Ola Electric Mobility Ltd shares appears to have prompted founder Bhavish Aggarwal to partially sell his stake, as analysts continue to flag weak operating fundamentals and sustained market-share erosion as key concerns for the stock.
Ola Electric Shares at Record Lows
Ola Electric shares are currently trading near record lows of around Rs 35, marking a sharp decline of over 50 percent from the IPO price of Rs 76 and significantly lower than the peak of about Rs 150. The stock has fallen nearly 60 percent in 2025 so far, reflecting persistent pressure on investor sentiment.
Bhavish Aggarwal Sells Shares via Bulk Deal
According to exchange disclosures, Bhavish Aggarwal sold approximately 2.6 crore shares through a bulk deal on December 16, leading to a reduction in his shareholding in the electric two-wheeler maker. The transaction was linked to the repayment of a personal loan of around Rs 260 crore, which Aggarwal had raised to fund his artificial intelligence venture, Krutrim AI.
To secure the loan, a portion of his Ola Electric shares had been pledged with lenders including Axis Trustee and Aditya Birla.
Analysts Remain Cautious
Market experts believe the stake sale helped eliminate risks associated with pledged shares, especially as the stock continued to hit fresh lows. Pledged shares are vulnerable to margin calls during sharp declines, often resulting in forced selling.
However, analysts caution that while the overhang of pledged shares may now be addressed, continuous loss of market share and weak operational performance remain key challenges for Ola Electric, offering limited fundamental support to the stock in the near term.
Keywords: Ola Electric share price, Bhavish Aggarwal stake sale, Ola Electric stock crash, EV stocks India, Ola Electric fundamentals, bulk deal Ola Electric, electric two-wheeler stocks
