Ola Electric
Share market
C
CNBC Awaaz11-12-2025, 13:55

Ola Electric Stock Rises 11% Amid S&P Downgrade; Experts Advise Caution.

  • Ola Electric's stock rebounded today, gaining over 8% after an initial fall, reaching an 11.5% increase from its day's low.
  • S&P Global downgraded Ola's promoter, ANI Technologies, from 'CCC+' to 'CCC-' with a negative outlook, citing continuous cash burn and weakening liquidity.
  • The 'CCC-' rating indicates a high probability of default for ANI Technologies without significant financial improvement.
  • Experts advise investors to exit Ola Electric stock on any rise if in loss and recommend general investors to avoid such volatile stocks.
  • S&P warns ANI Tech could breach debt covenants by March 2026 and expects cash to fall below ₹200 crore by Q4 FY26.

Why It Matters: S&P Global's downgrade of ANI Technologies signals high default risk, crucial for investors.

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