Olectra Greentech Ltd receives LOA from HRTC for 297 Electric Buses

Olectra Greentech Limited ("Olectra/Company") has received a Letter of Award ("LOA") from Himachal Road Transport Corporation (HRTC) for supply and maintenance of 297 Electric Buses.

The Value of these 297 Electric Buses supply and maintenance would be approximately Rs. 424.01 Crores for Olectra.

These Buses shall be delivered over a period of 11 months from the date of LOA.

Shares of Olectra Greentech Limited was last trading in BSE at Rs. 1090.70 as compared to the previous close of Rs. 1103.35. The total number of shares traded during the day was 20295 in over 1067 trades.

The stock hit an intraday high of Rs. 1118.50 and intraday low of 1071.80. The net turnover during the day was Rs. 22063750.00.

Source : Equity Bulls

Keywords

OlectraGreentech INE260D01016 OrderWin LOA HRTC ElectricBuses Haryana