Ola Electric Stock Rebounds After 26% Drop; CEO Repays Loan, But Challenges Remain

• Ola Electric shares rose 2% for a second day, rebounding after a 26% fall in less than a month.
• CEO Bhavish Aggarwal sold personal shares to repay a Rs 260 crore loan, eliminating all promoter pledges.
• Analysts advise caution despite the rebound, citing broader demand dynamics and competitive pressures.
• Ola Electric's market share dropped to 7% in November, falling to fifth place, overtaken by Hero MotoCorp's Vida.
• GST reduction on ICE 2Ws narrows the price gap with EVs, potentially dampening EV demand.

Why It Matters: Ola Electric stock sees rebound after CEO repays loan, but market share and competition pose challenges.