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Olectra Greentech incorporates subsidiary Company

13 Apr 2021 Evaluate

Olectra Greentech has incorporated a subsidiary Company (Special Purpose Vehicle specifically for one of the Contracts awarded) namely ‘Evey Trams (GTC)’. Subsidiary Company will be into the business of owning operating and/or leasing of electric vehicles (specifically for one the contracts awarded to the Company as Special Purpose Vehicle in terms of the tender conditions).

Olectra Greentech (Formerly Goldstone Infratech) is the market leader in manufacturing of Silicon rubber polymer composite insulators in India.

Peers
Company Name CMP
Tata Motors 454.85
Ashok Leyland 174.15
Force Motors 20127.00
Olectra Greentech 1056.80
SML Mahindra 5193.50
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