Shares of Olectra Greentech have witnessed a remarkable surge in price, currently standing at ₹2164.25. The stock has experienced a notable percent change of 4.93% with a net increase of 101.7, signaling a substantial uptick in value and reflecting positive market sentiment towards the company.
This significant increase in the stock price can be attributed to Olectra Greentech’s recent achievement of securing a substantial order. The company has bagged an order worth ₹4,000 crore for the supply of 2400 electric buses from VEST, a major milestone in its commitment to sustainable transportation solutions.
The order underscores Olectra Greentech’s growing influence in the electric vehicle sector and reaffirms its position as a key player in the green energy revolution. Investors have responded favorably to this development, driving up the stock price and reflecting confidence in the company’s future prospects.
As the demand for eco-friendly transportation solutions continues to rise, Olectra Greentech is poised to capitalize on this trend, further solidifying its position in the market. With a strong order book and a commitment to innovation, the company is well-positioned to drive sustainable growth and deliver value to its shareholders.
