Olectra Greentech Q1FY25 consolidated net profit rose to Rs 24.25 crore from Rs 18.07 crore in Q1FY24. Prior to today, the stock had shed 20 per cent in the last one month.
In the past three trading days,Olectra Greentech has rallied 24% after EVEY received two Letter of Awards from the Telangana State Road Transport Corporation for 550 Electric Buses
The company said the 12-metre low-floor bus has a seating capacity of 32 to 49 seats for passengers and one driver seat with its commercial launch is expected within a year