Olectra Greentech has received a Letter of Award (LoA) from Himachal Road Transport Corporation (HRTC) for supply and maintenance of 297 Electric Buses on outright sale basis and maintenance thereof. These Buses shall be delivered over a period of 11 months from the date of LoA. Value of these 297 Electric Buses supply and maintenance would be approximately Rs 424.01 crore for Olectra.
Olectra Greentech is primarily engaged in the manufacturing of composite polymer insulators and electrical buses.
| Company Name | CMP |
|---|---|
| Ashok Leyland | 175.45 |
| Force Motors | 22375.75 |
| Olectra Greentech | 1227.35 |
| Tata Motors | 435.15 |
| SML Mahindra | 4235.65 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: