Ola Electric’s stock fell 6% on June 23, 2025, following a massive Rs 107 crore block deal. Traders exchanged 2.41 crore shares at Rs 44 each — a 4.5% discount compared to the previous closing price.
Ola Electric shares dropped 6% after a large block deal worth Rs 107 crore hit the market. The shares were sold at a discount, raising investor eyebrows — and lowering the stock price.
On Monday morning, June 23, Ola Electric’s shares dropped sharply after a block deal worth Rs 107 crore took place on the NSE. Around 2.41 crore shares changed hands at Rs 44 each — lower than the last close of Rs 46.08.
That’s like selling hot samosas at yesterday’s price… with today’s inflation.
Why is Ola Electric falling?
This kind of heavy-volume, discounted trade signals potential offloading — possibly by early investors or insiders. When the market sees someone exit quietly (and heavily), retail investors start sweating.
And let’s be honest — the phrase “block deal” rarely triggers party poppers on Dalal Street.
As of now, the mystery remains. Moneycontrol reported that the identities of the buyers and sellers are still unknown. Until then, the speculation mill will keep grinding.
What’s next for Ola Electric?
Investors will likely watch the company’s fundamentals, delivery numbers, and any major announcements closely. The EV space is buzzing, but so is competition.
The good news? One-off block deals don’t always reflect the long-term story. The bad news? If more such deals follow, it might point to deeper cracks under the electric hood.
TL;DR
- Ola Electric shares fell 6% after a Rs 107 crore block deal.
- 2.41 crore shares were traded at Rs 44 — a 4.5% discount.
- The identity of the buyers/sellers remains unknown.
- This sparked investor worry and a stock slide.
- Watch closely for further trades or official statements.
