On Monday, the stock market saw a general uptick, unlike the troubling performance of Ola Electric's shares, which fell significantly shortly after market opening. Ola Electric's shares opened at 30.01 INR but rapidly declined, hitting lows of 28.8 INR, marking a 7% drop and creating a new 52-week low for the company. The ongoing downward trend has raised concerns among brokerage analysts, who have altered their sentiments towards the stock. Experts pointed out that Ola Electric's performance is increasingly lagging behind its competitors, with the company's sales dipping to just 32,000 units in the third quarter of FY2026, raising further alarms about the sustainability of the company’s growth and investor confidence in its future.