Ola Shares Rebound After Heavy Fall, Surge Over ₹7 Post Q1 Results

Ola shares, which had been troubling investors for quite some time, have now started showing signs of recovery. The company went public in August last year, issuing shares at a price of ₹76. After getting listed on the stock market, these shares witnessed strong demand for a long period, even touching a peak of ₹157. However, due to various reasons, Ola shares started to decline and eventually fell below ₹40. On Monday, i.e., July 14, Ola shares witnessed a strong rally after a long time. The reason for this was the company's announced results. Although the company reported heavy losses, the future outlook appeared promising, prompting investors to show interest in Ola shares trading at low prices. As a result, the shares closed at ₹47 on Monday, gaining more than ₹7 in a single day. On the BSE alone, 8.38 crore shares were traded.

Compared to the last quarter of the previous financial year, the first quarter of the current financial year saw increased sales and reduced losses, which contributed to the rally in Ola shares. However, when compared to the same quarter of the previous year, sales decreased and losses increased. As part of its project targets, the company stated that it undertook several measures to cut costs and improve operational efficiency, which have started yielding results. Monthly operational expenses were reduced from ₹178 crore to ₹105 crore. The company expressed confidence that it is soon moving towards profitability. For the quarter ending June 2025, the company reported a net loss of ₹428 crore. In the same quarter of the previous year, the loss stood at ₹347 crore. During the same period, revenue declined from ₹1,644 crore to ₹828 crore.