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Olectra Greentech Shares Surge 4% on ₹1,800 Crore Telangana E-Bus Order
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Olectra Greentech Shares Jump 4% on ₹1,800 Crore Telangana E-Bus Order
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Moneycontrol
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23-02-2026, 15:21
Olectra Greentech Shares Jump 4% on ₹1,800 Crore Telangana E-Bus Order
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Olectra Greentech's shares surged 4% after its associate EVEY Trans received a ₹1,800 crore order.
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The order from Telangana State Road Transport Corporation is for 1,085 electric buses.
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It includes 1,025 12-meter non-AC buses and 60 12-meter AC buses for a 12-year contract.
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EVEY will procure the buses from Olectra, which will also maintain them for the contract duration.
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The stock hit an intraday high of ₹1,061.50, trading up 3% at ₹1,0426.40 on NSE.
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