Bajaj Auto Share Price Live Updates: Bajaj Auto's beta value points to stability
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Indian Express
2 hours ago
- New Indian Express
Ola Electric's losses widen, revenue falls by 50% in Q1 of FY26
Ola Electric Mobility's losses widened to Rs 428 crore in the first quarter of financial year 2026 (Q1 of FY26) while ITS revenue from operations fell sharply by 50% to Rs 828 crore. The firm had reported a net loss of Rs 347 crore and revenue of Rs 1,644 crore in the same period last year. Sales for the electric two-wheeler maker fell from 125,198 units in Q1 of FY25 to 68,192 units in Q1 of FY26, reflecting a sharp loss in market share amid increased competition from legacy players such as Bajaj Auto and TVS Motor. Despite a surge in losses and fall in revenue, investors gave a big thumbs up to the business updates as shares of Ola Electric surged nearly 20% on Monday. Investors cheered the company's announcement that its auto business crossed a major milestone by being EBITDA positive for the month of June.
Mint
10 hours ago
- Mint
Ola Electric Q1 Results: Loss widens to ₹428 crore; revenue plunges 50% YoY
Ola Electric Q1 Results: The electric two-wheeler manufacturer Ola Electric on Monday, July 14, posted a wider consolidated net loss for the first quarter of the financial year 2025-26 (Q1 FY26) to ₹ 428 crore. The Bhavish Aggarwal-led company had posted a net loss of ₹ 347 crore in the same period a year ago. However, on a quarter-on-quarter (QoQ) basis, the loss narrowed from ₹ 870 crore posted at the end of the March quarter of FY25. The consolidated revenue from operations plunged 49.6% year-on-year (YoY) to ₹ 828 crore during the June quarter, as its sales took a beating from heavy competition. Ola Electric had reported a revenue of ₹ 1,644 crore in the same period last fiscal year. The performance, however, improved sequentially. The company had posted a revenue of ₹ 611 crore in the March 2025 quarter. The sales declined massively during the period under review, hurt by stiff competition from other players like Bajaj Auto, TVS Motor and Ather Energy. The company delivered 68,192 units in the June quarter of FY26, as against 1,25,198 units in the same period last year. On the operating level, the EBITDA loss for Ola Electric in Q1 FY26 stood at ₹ 237 crore, higher than ₹ 205 crore posted in Q1 FY25. The margins came in at -28.6% compared with -12.5%. The auto segment EBITDA improved sharply to -11.6%, compared to -90.6% in Q4 FY25, with June marking the first EBITDA-positive month for the auto business. The gross margin, meanwhile, improved to 25.8% from 18.4% on a YoY basis. "This is our best GM performance ever, driven by Gen 3 BOM reduction as a result of our focus on vertical integration and in-house tech, and this trend will continue over the next few quarters. Our FY26 exit target is to have our GM in the range of 35-40% with PLI benefits, which will be around ₹ 40,000 - ₹ 45,000 per vehicle," Ola said in a letter to shareholders. The company's cost optimisation initiative, Project Lakshya, has driven significant operating efficiencies, reducing monthly auto opex from ₹ 178 crore to ₹ 105 crore. Consolidated opex now stands at ₹ 150 crore per month, and further reduction to ~ ₹ 130 crore/month is targeted through FY26, the company said in a press release post earnings announcement. Ola expects to sell between 3,25,000 to 3,75,000 vehicles and generate revenue of ₹ 4200 - ₹ 4700 crore. With Production Linked Incentive (PLI) benefits beginning from Q2 for the Gen 3 product portfolio, gross margin is projected to rise to 35% - 40%, and the company anticipates full-year auto EBITDA of above 5%, it added. 'The company also expects the auto business to remain EBITDA positive from Q2 onwards,' Ola said. Ahead of the announcement of the first quarter earnings for the period ended June 2025, Ola Electric share price plumbed a fresh low of ₹ 39.58. However, the stock soon rebounded and rallied over 12.5% in intraday deals, helped by the strong sequential performance and turning EBITDA positive in auto business. Commenting on the Ola Electric stock, Anshul Jain, Head of Research at Lakshmishree Investments, said the EV stock, after breaking below its previous all-time low of 45, is now hovering near the 40 mark and continues to show clear signs of weakness on the charts. "The current price structure and lack of buying conviction suggest more downside risk, with a test of the 34 level looking increasingly likely if weakness persists. For any meaningful reversal or sustainable bounce to emerge, the stock must manage a decisive close back above 45 on a weekly basis, which seems unlikely in the present scenario. Until then, investors should stay cautious and avoid fresh longs," he advised. As of 12.25 pm, Ola Electric share price was at ₹ 44.78, up 12.46% on the BSE.
Time of India
15 hours ago
- Time of India
Bajaj Auto Share Price Live Updates: Bajaj Auto's 3-Month Performance Metrics
14 Jul 2025 | 09:05:48 AM IST Stay up-to-date with the Bajaj Auto Stock Liveblog, your trusted source for real-time updates and thorough analysis of a prominent stock. Explore the latest details on Bajaj Auto, including: Last traded price 8074.5, Market capitalization: 225277.11, Volume: 580, Price-to-earnings ratio 30.76, Earnings per share 262.29. Get a comprehensive understanding of Bajaj Auto with our coverage of both fundamental and technical indicators. Stay informed about breaking news that can have a significant impact on Bajaj Auto's performance. Our expert opinions and recommendations empower you to make well-informed investment choices. Trust the Bajaj Auto Stock Liveblog to keep you informed and equipped in the dynamic market landscape. The data points are updated as on 09:05:48 AM IST, 14 Jul 2025 Show more
