Olectra Greentech Ltd receives order for 40 Electric Buses

Olectra Greentech Limited ("Olectra" /"Company") has received Letter of Award ("LOA") from Vasai Virar City Municipal Corporation, Mumbai for supply and maintenance of 40 Electric Buses.

This order for supply of 40 Electric Buses is on outright sale basis and which shall be delivered over a period of 7 months.

The Value of these 40 Electric Buses supply would be Rs. 62.80 Crores.

Shares of Olectra Greentech Limited was last trading in BSE at Rs. 1233.80 as compared to the previous close of Rs. 1211.60. The total number of shares traded during the day was 44575 in over 2996 trades.

The stock hit an intraday high of Rs. 1262.00 and intraday low of 1209.95. The net turnover during the day was Rs. 55305412.00.

Source : Equity Bulls

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