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Olectra Greentech acquires 26% stake in ‘Evey Trans (MAH)’

22 Jul 2024 Evaluate

Olectra Greentech has acquired 2,600 equity shares (26% stake) of Rs 10 each in ‘Evey Trans (MAH)’. Evey Trans (MAH) will be into the business of owning, operating and/ or leasing of electric vehicles (specifically for executing the contract with BEST as a Special Purpose Vehicle in terms of the tender conditions). 

Olectra Greentech is primarily engaged in the manufacturing of composite polymer insulators and electrical buses.

Peers
Company Name CMP
Tata Motors 425.65
Ashok Leyland 172.00
Force Motors 18950.20
Olectra Greentech 1027.00
SML Mahindra 5246.85
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