Tale of the Tape 

Hi ya’ll. The weekend is finally here!

Markets went up and down before the Nifty and Sensex ended flat. PS - we still ended the week in the green! Broader markets saw muted gains, with Midcaps and Smallcaps up +0.2% each. The advance-decline ratio was evenly split. Most sectors ended in the green. Auto (+1.3%) and Metals (+0.7%) were the top gainers. IT (-1.4%) and FMCG (-1.45) saw deep cuts.

In today’s issue of the Daily Rip, we look at why Ola Electric has been volatile AF, tell you which Nifty stocks analysts are most bullish on and sum the weekly movers and shakers.

Honourable Mentions:

Indus Towers was up +4% after exchange data showed promoter Bharti Airtel bumped its stake up by 0.26%. Meanwhile, BSE gained +5% after data showed it gained market share on its first new expiry day.

Check out the NSE 500 heatmap:

Stock
Ola Electric: Bull vs Bear

Is there a stock as volatile as Ola Electric? The stock is up ~50% in the last month but still below its IPO price and over 60% down from its all-time highs. Here’s a quick rewind of WTF happened and a look at the road ahead. 

The background: ICYMI - the stock nosedived over the last year due to lower sales. Ola’s market share dropped to ~18% in Aug 2025 vs ~50% in Jan 2024. This is due to external factors (higher competition, lower EV penetration) and internal ones (Ola’s scooters had a major after-sales service issue). Can it dethrone TVS and return to being number 1? There's definitely a strategy for its revival somewhere in there but a LOT depends on execution. 

That means the stock will depend on short-term triggers. At the moment, there’s a bunch of them, split between good and bad:

• Reports say Ola’s auditor has red-flagged a lack of internal financial controls. They found a whopping 19 cases where the company’s actual inventory + money owed to customers didn’t match the returns that Ola filed with banks in FY25.

• SoftBank is looking to hit the exit door after the recent rally. The Japanese firm trimmed its stake to 15.68% vs 17.83% in the last quarter. How much more does it plan to sell? Nobody knows, which creates an overhang. 

• Ola recently bagged GOI subsidies for its Gen-3 scooter range through the PLI scheme. This should provide a decent EBITDA bump starting in Q2. 

• Bhavish has recognised the sh*tshow and is focused on profitability. He’s delayed Ola’s mega cell manufacturing plans. Goldman Sachs is so pleased with the lower capex that it’s hiked their target price to Rs 72 p/sh (vs Rs 63 p/sh earlier).

TL;DR: Basing your Ola bet on fundamentals makes no sense at this point. There’s way too much money to be made in volatile swings for the market to let go of it just yet.