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Stock of this electric bus manufacture has zoomed 68% in 10 trading days

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

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Illustration by Binay Sinha

SI Reporter Mumbai
Shares of Olectra Greentech continued their upward movement, surging 15 per cent to Rs 647.95 on the BSE in Thursday's intra-day trade, in an otherwise weak market on the back of positive corporate announcements. In comparison, the S&P BSE Sensex was down 0.50 per cent at 60,053 at 01:07 PM.

In the past three trading days, it has rallied 24 per cent after the company said Evey Trans Private Limited (EVEY) received two Letter of Awards (LOAs) from the Telangana State Road Transport Corporation (TSRTC) for 550 Electric Buses consisting of 500 buses for intra-city and 50 buses for

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