Mumbai, January 2 (Udaipur Kiran): Shares of Olectra Greentech Ltd surged on Thursday after the company announced the commencement of Phase-I commercial operations at its new Greenfield Electric Vehicle (EV) manufacturing facility in Telangana. The stock was trading at ₹1,247.75, up by ₹47.20 or 3.93 per cent on the BSE.
The scrip opened at ₹1,212.00 and touched an intraday high of ₹1,274.00 and a low of ₹1,212.00. A total of 95,795 shares were traded during the session. The stock’s 52-week high stands at ₹1,712.50, recorded on September 23, 2025, while its 52-week low is ₹973.65, hit on April 7, 2025. The company’s current market capitalisation is ₹10,291.69 crore.
Promoters hold a 50.02 per cent stake in the company, while institutional and non-institutional investors hold 7.72 per cent and 42.27 per cent respectively.
Olectra Greentech has commenced Phase-I commercial operations at its Greenfield Electric Vehicle Manufacturing Facility located at Seetharampur, Hyderabad, Telangana, effective December 31, 2025. Under Phase-I, the facility has an annual production capacity of 2,500 electric buses per shift, representing 50 per cent of the planned total capacity of 5,000 buses per year.
The commencement of operations at the new facility marks a significant milestone in Olectra Greentech’s expansion strategy and strengthens its position in India’s rapidly growing electric mobility sector. The company is primarily engaged in the manufacturing of electric buses and composite polymer insulators, catering to the evolving needs of sustainable transportation.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
