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Olaelec (OLAELEC)

Auto · NSE · end-of-day 2026-10-19

₹34.49

Day change

-1.43%

1-year

-31.3%

From 52-week high

-39.6%

Weinstein stage

Stage 1

Minervini template

4/8

Olaelec closed at ₹34.49 on 2026-10-19, down 31% over the past year, 40% below its 52-week high. It meets 4 of 8 conditions of Minervini's trend template; Weinstein's stage analysis reads stage 1 - basing; on earnings, it passes 0 of 2 SEPA checks. Over the year its annualised volatility was about 58%, with a largest fall of 60% from a peak.

About Olaelec

Ola Electric Mobility Limited manufactures electric scooters and develops electric-mobility products and related technology. Its business benefits from India's transition toward electric vehicles and increasing consumer adoption of electric two-wheelers. Manufacturing scale, battery technology, charging infrastructure and product expansion provide growth opportunities. EV demand, battery costs, technology changes, government incentives, service infrastructure and competition remain important factors.

Price, RSI and MACD

6M1Y2Y

Price · -12.1% over the period

RSI (14) · 39.3

MACD (12, 26, 9) · histogram -0.17

Price · -30.6% over the period

RSI (14) · 39.3

MACD (12, 26, 9) · histogram -0.17

Price · -65.2% over the period

RSI (14) · 39.3

MACD (12, 26, 9) · histogram -0.17

Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market cap	Sales (TTM)	Net profit (TTM)	P/E	EPS (TTM)	P/B	ROE	ROCE	Debt / equity	Free cash flow	Beta
₹15,962 cr	₹1,880 cr	₹-1,741 cr	—	-3.93	4.76	-43.2%	-21.0%	0.74	₹-1,300 cr	1.12

Quarterly results

Quarter	Sales ₹ cr	Net profit ₹ cr	EPS	EPS YoY	Sales YoY	Net margin
Jun 2026	455	-336	-0.75	—	-45.1%	-73.9%
Mar 2026	265	-500	-1.13	—	-56.6%	-188.7%
Dec 2025	470	-487	-1.10	—	-55.0%	-103.6%
Sep 2025	690	-418	-0.95	—	-43.2%	-60.6%
Jun 2025	828	-428	-0.97	—	-49.6%	-51.7%
Mar 2025	611	-870	-1.97	—	—	-142.4%
Dec 2024	1,045	-564	-1.28	—	—	-54.0%
Sep 2024	1,214	-495	-1.20	—	—	-40.8%

Consolidated · EPS restated onto today's share count after splits and bonuses · net profit as filed.

Minervini SEPA — earnings checks 0 of 2 pass

Check	Result
Latest quarter EPS up 25%+ on a year ago	— Not assessable
EPS growth accelerating over 3 quarters	— Not assessable
Sales up 25%+, or sales growth accelerating	✗ Fail
Annual EPS up 25%+ in each of the last 2 years	— Not assessable
Net margin above the same quarter last year	✗ Fail

Investor methods

Method	Checks	Score	Verdict
Minervini	✗ Close above the 150- and 200-day averages ✓ 150-day above 200-day ✓ 200-day rising for a month ✓ 50-day above the 150- and 200-day ✗ Close above the 50-day ✓ At least 25% above the 52-week low · low 22.80 ✗ Within 25% of the 52-week high · high 57.08 ✗ RS percentile 70 or more · RS 17 Trend template - the gate, measured: a modest 21-day edge.	4/8	4 of 8
Weinstein	Stan Weinstein's stage analysis on the 30-week moving average.		Stage 1 - basing
CAN SLIM	— C latest quarter EPS up 25%+ — A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held ✗ N within 15% of the 52-week high · high 57.08 ✓ S more volume on up days than down days (50 sessions) · 1.18x ✗ L RS percentile 80 or more · RS 17 — I institutional sponsorship rising · shareholding not collected yet ✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45% William O'Neil's growth-leader checklist.	2/4	Average
Darvas	✗ New 52-week high in the last 120 sessions Darvas needs a new 52-week high to start a box.	10/100	No box
Turtle	✗ Close above the prior 55-session high · 44.55 ✗ Close above the prior 20-session high · 44.55 ✗ Close below the prior 20-session low · 32.70 Donchian channel breakout - the Turtle traders' entry.		No signal
Graham	Needs positive earnings and book value.		Not assessable
Piotroski	✗ Profitable (ROA > 0) ✗ Operating cash flow positive ✗ ROA rising ✓ Cash flow above net profit (earnings quality) ✓ Long-term debt / assets falling ✗ Current ratio rising · 1.14 ✓ No new shares issued ✗ Margin rising (net margin) ✗ Asset turnover rising Joseph Piotroski's F-score, FY 2025 -> 2026.	3/9	Weak

Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Auto sector — top 10 by 1-year return

Stock	1M %	3M %	6M %	1Y %	3Y %	5Y %	P/E	P/B	ROE %	ROCE %	ROA %	D/E	EV/EBITDA	₹ Cr	Sales TTM ₹ Cr	Profit TTM ₹ Cr	EPS	Beta
OLAELEC this stock	-5.2	-12.0	-12.1	-39.6	—	—	—	4.76	-43.2	-21.0	—	0.74	—	15,962	1,880	-1,741	-3.9	1.12
TVSHLTD	-12.6	+3650.9	+3531.9	+3564.5	+9357.3	—	540.4	164.75	30.4	—	2.87	5.59	—	10.65L	62,488	3,888	20.7	-12.81
WHEELS	+12.1	+66.9	+127.1	+167.8	+214.8	+224.1	36.5	5.72	16.1	18.8	—	0.66	15.3	5,959	5,690	166	66.9	0.82
MENONBE	-14.9	+28.6	+117.5	+125.2	+80.2	+229.2	34.4	8.15	22.2	25.6	—	0.25	24.6	1,511	318	44	7.8	1.11
ATHERENERG	-11.0	+12.5	+64.0	+110.4	—	—	—	21.73	-33.7	-21.6	—	0.20	—	55,894	—	—	-10.2	0.61
LUMAXTECH	-9.5	+30.7	+6.0	+60.8	+422.0	+1264.1	40.0	10.72	26.0	22.5	—	0.83	20.8	12,970	5,208	382	47.5	1.21
BHARATFORG	-8.3	-18.6	-3.6	+44.9	+64.3	+127.3	121.8	9.00	11.5	12.5	—	0.72	31.6	85,997	17,543	716	14.8	1.19
JAYBARMARU	+16.6	-23.0	+37.6	+40.8	+16.4	+60.0	10.1	2.02	22.2	17.8	—	0.63	6.1	1,403	2,621	138	12.8	1.61
RICOAUTO	-11.4	-16.4	-0.2	+35.5	+27.2	+149.7	50.7	2.01	6.7	8.6	—	0.90	10.1	1,564	2,689	32	2.3	1.82
BOSCHLTD	-3.8	+10.3	+19.6	+16.6	+123.4	+161.9	38.3	8.98	19.4	25.6	—	0.00	33.0	1.33L	25,877	3,479	1,179.7	1.10
BAJAJ-AUTO	-9.9	-2.2	+4.9	+12.4	+87.6	+163.0	24.4	7.40	29.0	27.3	—	0.57	20.4	2.88L	71,460	11,553	421.1	0.93

A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.

For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.

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