Olectra Greentech EV Plant in Hyderabad Begins Operations, Shares Rise
2 hours agoBusiness
33LENS
3 SourcesHyderabad, India
TBNthebalanced.news
Olectra Greentech EV Plant in Hyderabad Begins Operations, Shares Rise

Olectra Greentech's share price saw a significant jump following the announcement of commercial operations commencement at its new electric vehicle (EV) manufacturing facility in Hyderabad. The company has set December 31, 2025, as the Commercial Operation Date (COD) for the Phase-I unit, which will have a per-shift production capacity of 2,500 electric buses. This development has boosted investor confidence, though the stock has experienced volatility over the past year.

Political Bias
22%56%22%
Sentiment
71%