India's Olectra Greentech down on Q4 profit fall

Olectra Greentech

26/04/2024 08:22

** Shares of Olectra Greentech  OLEC.NS  fall as much as 12%
to 1,591.65 rupees; last down 4% 
    ** The electric bus manufacturer reported a 49.2% YoY fall
in its March-qtr profit, revenue from operations down 23.2%
    ** OLEC eyes third straight weekly loss
    ** More than 2.2 mln shares change hands by 12:47 p.m. IST,
1.6x the 30-day avg
    ** Including session's move, stock is up ~29% YTD 



 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))