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Olectra Greentech shares up 3% on awarding contract for greenfield EV plant

Olectra Greentech shares rise 3% as firm inks Rs 395-crore contract for EV unit

Shares of Olectra Greentech Ltd rose 3% after the electric bus manufacturer awarded a contract to Megha Engineering & Infrastructures Ltd (MEIL) for the construction of a greenfield electric vehicle manufacturing facility in Telangana. The proposed value of the contract is Rs 395.12 crore. Megha Engineering is the ultimate holding company and a related party to Olectra Greentech Limited.

Share Market Highlights 20 July 2023: Sensex jumps 470 pts, ends above 67,500; Nifty nears 20,000; ITC among top gainers

Share Market Highlights 20 July 2023: Sensex jumps 470 pts, ends above 67,500; Nifty nears 20,000; ITC among top gainers
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It s raining orders for small electric bus manufacturers

It s raining orders for small electric bus manufacturers
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Olectra Greentech Ltd awards contract for construction of greenfield EV Manufacturing Facility

Olectra Greentech Ltd awards contract for construction of greenfield EV Manufacturing Facility
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