OLA Electric Mobilit Stock Price Analysis and Quick Research Report. Is OLA Electric Mobilit an attractive stock to invest in?

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?

We can look into more details and dig a little deeper into the analysis of the stock of this sector. OLA Electric Mobilit stock price today is Rs 40.83. Let’s look at how OLA Electric Mobilit is performing and if it is the right time to buy the stock of OLA Electric Mobilit with detailed analysis.

• The mainstream of revenue for Auto Sector is their sales, OLA Electric Mobilit has reported poor sales growth of -52.0599 % and in the latest quarter sales was Rs 0 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 9.7747 times for OLA Electric Mobilit . It is managing its inventory poorly .
   
• OLA Electric Mobilit reported Profit growth of 31.4404 % over the year, where the latest year profit is Rs -26.56 Cr compared to the previous year of Rs -38.74 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
   
• The operating profit of OLA Electric Mobilit in the latest quarter is Rs -78 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
   
• OLA Electric Mobilit has a poor ROE of -1.0804 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. OLA Electric Mobilit has a low Debt to Equity ratio of 0.0079.
   
• OLA Electric Mobilit pays a dividend of 0 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0 %.
   
• The share of promoter in OLA Electric Mobilit is low at 36.78 %, where the pledging is 6.61 %.
   
• What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of OLA Electric Mobilit is -450.165380374862 compared to the 5 year average PE of 0 .
   
• Share Price: - The current share price of OLA Electric Mobilit is Rs 40.83. One can use valuation calculators of ticker to know if OLA Electric Mobilit share price is undervalued or overvalued.