Previously, the Ridesharing Forum team released a report that says Ola Electric, not Ola as a parent company itself, performed badly in the stock market, despite the gains that its headquarter country experiences.
Now, despite the strong stance of India’s economy, some of the key players in its market, like Ola, encountered a loud smack down the stock market alleyway after over 300 stocks in the BSE 500 continue to trade in deep, deep red. Some brands plunged up to 70 percent, even. The S&P BSE 500 Index, or simply BSE 500, is a broad-based stock market index that represents the performance of the top 500 companies listed on the Bombay Stock Exchange in India.
The report further stated that even other brands like Aditya Birla Group, Tejas Networks, SKF India, Praj Industries, KNR Constructions, Brainbees Solutions, Sterling and Wilson Renewable, Vedant Fashions, Cohance Lifesciences, and so much more plummeted in market performance.
Should these businesses be worried? Economists say they shouldn’t. Below is the scoop.
Shivendra Kumar, a correspondent and writer for The Economic Times, pointed out, “Despite the steep 63 percent post-IPO crash in Ola Electric Mobility, it isn’t the worst performer. Over 115 NSE-listed IPOs from 2025 to 2026 now trade below the issue price, with several SME listings plunging 70 to 80 percent. The broad-based correction underscores deep wealth erosion across sectors amid weak market sentiment.”
So, that should clear the airways in these businesses’ economic lung. Besides, it isn’t an isolated case. The previous Ridesharing Forum report stated it, and this time, The Economic Times has a list of every underperforming company in the Indian stock market recently. See it here.
In conclusion, it’s not really the end for these companies, as the stock market moves like a dance fitness class. In one routine, you’d feel energized, and in the next, you’d feel tired. All it takes is a sip of water from your tumbler.
Pertained to on Google as a multinational mobility company from December 2010, Ola is an Indian ride-hailing system, perhaps its biggest, connecting consumers with cars, auto-rickshaws, and bicycles in more than 250 cities. What do you think of these economists’ insights? Don’t hesitate to share your thoughts by signing up for your account today on this Ridesharing Forum site. See you in the next story!