Heavy fall in Ola's shares, Ather made profit
New Delhi. Ola and Ather are two major electric scooter companies in India. For a long time, Ola was the largest seller of electric scooters in India. But now it has lagged behind. TVS Motor remained number 1 in November. Earlier, the month of October had been special for Ather for two reasons. First, it overtook Ola Electric in terms of market-cap, and second, it achieved a big milestone by manufacturing its 500,000th electric scooter. In terms of share also, Ather has been much better than Ola. Let us know the performance of both the shares.
Ola's share has fallen badly in the last one year. Ola Electric Mobility Share Price has declined by 62.4 percent in one year. This share has fallen 59.3 percent so far in the year 2025. Ola's founder Bhavish Aggarwal is known for his aggressive statements. Last year he had asked people to work 70 hours a week. But his own company went bad. He has been making big claims. Like setting up a Gigafactory, but Ola has failed in terms of performance. Many people set its scooters on fire and shared photos and videos on social media. Aggarwal's company, which presented itself as a celebrity by keeping itself active on social media, also lost investors' money. In comparison, Ola's competitor Ather worked quietly and achieved growth, increased its sales and as a result its shares also gave good returns to the investors.
Ola remained surrounded in controversies
Ather was listed on May 6 this year. Ather was listed on BSE at Rs 326.05 against its IPO price of Rs 321. It closed at Rs 302.30 on BSE that day. But since then the share has again gained a lot and it has now reached Rs 735.70. That means it has achieved 143.4 percent return from the closing price of May 6.
How much hail fell since May 6?
If we see from the day of listing of Ather, where Ather has increased by 143 percent. On the other hand, Ola has come down by about 28 percent during this period.
Difference in approach of Ola-Ather
It is said that the business models of Ola Electric and Ather Energy are different from each other. Ola has been targeting the mass market with high volumes and a vertically integrated approach. Whereas Ather targets the premium segment with a focus on product quality and a more asset-light model.
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(Disclaimer: Information about two stocks is given here, not investment advice. Jagran Business is not giving investment advice. Investing in the stock market is subject to market risks, so please consult a certified investment advisor before investing.)
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