Jan 27:One of the top businesses in India’s electric mobility market is Olectra Greentech Ltd. Under the eBuzz brand, it produces and manages electric buses and other electric cars. To construct electric buses in India, the company has a t venture with BYD Auto Industry Co. Ltd., a Chinese manufacturer of electric vehicles. 2b492f
Olectra Greentech’s share price has been on a rising trend since the beginning of 2023, as the company has benefited from the government’s push for green transportation and the increasing demand for electric vehicles in the country. The company has also expanded its presence in various states and cities, such as Delhi, Bengaluru, Hyderabad, Surat, Ahmedabad, Jaipur, Pune, etc.
As of 25 Jan 2024, Olectra Greentech’s share price closed at Rs 1,697.80 on the NSE, up by 0.20% from its previous close of Rs 1,694.55. The stock has a 52-week high of Rs 1,808.00 and a 52-week low of Rs 374.10. The stock has a market capitalization of Rs 13,935.67 crore and a PE ratio of 177.47. The stock has a dividend yield of 0.02% and a book value per share of Rs 102.47.
The company is expected to announce its quarterly results on 27 Jan 2024. Analysts are optimistic about the company’s performance and growth prospects, as it is well-positioned to capitalize on the opportunities in the electric mobility sector in India.
Sources:
– Olectra Greente Share Price, Olectra Greente Stock Price, Olectra Greentech Ltd. Stock Price, Share Price, Live BSE/NSE, Olectra Greentech Ltd. Bids Offers
– Olectra Greentech Share Price Today (25 Jan 2024) – Olectra Greentech Share Price Live NSE/BSE
– Olectra Greentech Limited Share Price Today, Stock Price, Live NSE News, Quotes, Tips – NSE India
By
Sujata Muguda
Shreyas WebMedia Solutions