OLA Electric Mobility Ltd. (OLAELEC): OLA Electric Share Price Rises 6.29% to Rs 37.15 Today

OLA Electric Share Price stood at Rs 37.15 as of 12:52 PM IST on 28 October 2026, a gain of Rs 2.20 or 6.29% over the previous close of Rs 34.95. OLA Electric Mobility Ltd. (OLAELEC) has a market capitalisation of Rs 14,961.05 crore and belongs to the Automobile & Ancillaries sector, so this OLA Electric Share Price rise places the stock among the Stocks Rising Today.

According to Univest data, the price event is confirmed, but no company-specific catalyst is established. The stock opened at Rs 35.07, touched a low of Rs 34.00 and reached a high of Rs 37.44, which makes this OLA Electric Stock News update a story of a recovery after a dip below the previous close.

OLA Electric Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 37.15
Previous Close	Rs 34.95
Today's Move	Rs 2.2 (+6.29%)
Open	Rs 35.07
High	Rs 37.44
Low	Rs 34
Market Capitalisation	Rs 14,961.05 crore
Market Cap Category	Mid Cap

OLA Electric Mobility Ltd. (OLAELEC) rose to Rs 37.15 from the previous close of Rs 34.95, a move of Rs 2.2 or 6.29%. The stock opened at Rs 35.07, reached a high of Rs 37.44, recorded a low of Rs 34.

OLA Electric Share Price Today is Rs 37.15, up Rs 2.20 or 6.29% from the previous close of Rs 34.95. The stock opened at Rs 35.07, dipped to a low of Rs 34.00 and then moved to a high of Rs 37.44, leaving it just below the top of its day range.

The opening print was Rs 0.12 above the previous close, so the session began with a small gap up. Soon after, OLA Electric Share Price touched the day low of Rs 34.00, which is Rs 0.95 below the previous close, before reversing and rising through the rest of the morning.

The gap between the day low and the day high is Rs 3.44, and the current price is Rs 0.29 below the high. That narrow distance shows how close the OLA Electric Share Price Rise is to its intraday peak. With a market capitalisation of Rs 14,961.05 crore, the company sits in the Automobile Two & Three Wheelers industry.

This OLA Electric Share Price snapshot is a live reading and can change with every trade. The OLA Electric Share Price Update continues with a look at whether the fundamentals explain the attention.

OLA Electric Mobility Ltd. (OLAELEC) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 14,961.05 crore
P/B Ratio	3.74x
ROE	-44.73%
ROCE	-20.87%
EPS	Rs -3.48
Book Value Per Share	Rs 9.34
Dividend Yield	0%

OLA Electric Mobility Ltd. (OLAELEC) fundamental metrics show P/B 3.74x, ROE -44.73%, ROCE -20.87%. These figures provide context only and are not a buy or sell signal.

OLA Electric Mobility Ltd. has a market capitalisation of Rs 14,961.05 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/B at 3.74x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of -44.73% and ROCE of -20.87%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs -3.48, book value per share of Rs 9.34, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 22.84x, median ROE of 14.86%, median ROCE of 15.78%. Taken together, they outline the fundamentals rather than a view on the stock.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Automobile Two & Three Wheelers
Benchmark Scope	same industry
Benchmark Median P/E	22.84x
Benchmark Average P/E	65.7x
Benchmark P/E Range	8.59x to 411.54x
Company P/B Ratio	3.74x
Benchmark Median P/B	3.13x
Company ROE	-44.73%
Benchmark Median ROE	14.86%
Company ROCE	-20.87%
Benchmark Median ROCE	15.78%
Company Market Capitalisation	Rs 14,961.05 crore
Benchmark Median Market Cap	Rs 1,602.29 crore

OLA Electric Mobility Ltd. (OLAELEC) operates in the Automobile & Ancillaries sector, within the Automobile Two & Three Wheelers industry.

OLA Electric Mobility Ltd. (OLAELEC) has a ROE of -44.73%, which is below the benchmark median of 14.86%, a difference of -401.01%. OLA Electric Mobility Ltd. (OLAELEC) has a ROCE of -20.87%, which is below the benchmark median of 15.78%, a difference of -232.26%.

Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Bajaj Auto Ltd.	BAJAJAUTO	2,77,167.15	21.81	7.87	28.67	28.68
Eicher Motors Ltd.	EICHERMOT	1,94,910.41	34	7.48	23.91	30.54
TVS Motor Company Ltd.	TVSMOTOR	1,89,987.34	56.53	18.22	35.27	18.24
Hero MotoCorp Ltd.	HEROMOTOCO	1,04,053.41	19.18	4.54	28.31	35.92
ATHER ENERGY LIMITED	ATHERENERG	66,319.72	NA	15.47	-37.48	-21.59

Its ROE of -44.73% compares with a peer median of 28.31% across the companies shown in the table. ROCE stood at -20.87% versus the displayed peer median of 28.68%, providing a capital-efficiency comparison. OLA Electric Mobility Ltd. (OLAELEC) has a market capitalisation of Rs 14,961.05 crore. All 5 peers shown have a larger market capitalisation.

Why Investors Are Watching OLA Electric

Verified points explain the attention on OLA Electric Share Price today: the size of the price move, the level of its fundamentals and its position against the industry benchmark. Each point is listed below and none of them is a forecast or a recommendation.

• Price action: the stock rose 6.29% from the previous close and traded Rs 0.29 below its day high of Rs 37.44.
• Valuation: the P/B ratio of 3.74 is above the benchmark median of 3.13 and below the average of 6.10.
• Returns: return on equity of negative 44.73% and return on capital employed of negative 20.87% are below the industry medians.
• Book value: Rs 9.34 per share against negative earnings per share of Rs 3.48.
• Peers: the company has the lowest P/B ratio and the smallest market capitalisation among the five peers compared.

About OLA Electric

OLA Electric Mobility Ltd. trades under the symbol OLAELEC and is classified in the Automobile & Ancillaries sector and the Automobile Two & Three Wheelers industry in Univest's company data. The market capitalisation behind OLA Electric Share Price is Rs 14,961.05 crore. The industry benchmark used on Univest covers 14 companies, so OLA Electric is placed among a small group in which size varies widely. Further company details, such as product mix or segment details, are not part of today's update.

Frequently Asked Questions

What is the OLA Electric share price today?

Ans. OLA Electric Share Price stood at Rs 37.15 as of 12:52 PM IST on 28 October 2026, up Rs 2.20 or 6.29% from the previous close of Rs 34.95, according to latest Univest data.

Why is OLA Electric stock rising today?

Ans. According to Univest data, the price event is confirmed, but no company-specific catalyst is established. The stock is up 6.29% from a previous close of Rs 34.95 and is trading at Rs 37.15, just below its day high.

What is the market capitalisation of OLA Electric?

Ans. OLA Electric Mobility Ltd. has a market capitalisation of Rs 14,961.05 crore. In the same-industry benchmark of 14 companies, the median market capitalisation is Rs 1,602.29 crore and the average is Rs 60,813.90 crore.

What is the P/B ratio of OLA Electric?

Ans. The P/B ratio of OLA Electric is 3.74, above the same-industry median of 3.13 and below the average of 6.10. The relevant peer median P/E is 22.84x. The peer average P/E is 65.7x.

What are the ROE and ROCE of OLA Electric?

Ans. OLA Electric reports a return on equity of negative 44.73% and a return on capital employed of negative 20.87%. The industry medians are 14.86% for return on equity and 15.78% for return on capital employed.

What are the EPS, book value and dividend yield of OLA Electric?

Ans. Earnings per share is negative at Rs 3.48 and book value per share is Rs 9.34. The dividend yield is 0%, which means no payout is reflected in the data.

What was the day range of OLA Electric Share Price today?

Ans. OLA Electric Share Price opened at Rs 35.07, touched a low of Rs 34.00 and reached a high of Rs 37.44. The previous close was Rs 34.95, and the stock is trading at Rs 37.15.

How does OLA Electric compare with its peers?

Ans. Among five listed peers, OLA Electric has the lowest P/B ratio at 3.74 and the smallest market capitalisation at Rs 14,961.05 crore. Its return on equity of negative 44.73% is also the lowest in the group.

Track OLA Electric Share Price on Univest

Use OLA Electric Mobility Ltd. (OLAELEC) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.

Univest lets users track the live share price, fundamental ratios, 52-week levels and market insights for OLA Electric Mobility Ltd. in one place. Following OLA Electric Share Price Live on Univest alongside the P/B ratio, return on equity, return on capital employed and peer figures gives a fuller picture than the price move alone, and the page updates through the trading day.