JBM Auto, Olectra Greentech shares soar up to 12% on hopes of electric bus tenders | Stock Market News

JBM Auto, Olectra Greentech shares soar up to 12% on hopes of electric bus tenders | Stock Market News

Source: Live Mint Shares of JBM Auto and Olectra Greentech surged by 8%-12% during Wednesday’s trading session amid expectations of securing new contracts, according to CNBC-TV18.  As reported by the news agency, its sources indicated that the government plans to launch a tender for the acquisition of 10,000 electric buses. These tenders are anticipated to…

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Olectra Greentech stock zooms 7% on reports of being lowest bidder for 327 electric buses | Stock Market News

Olectra Greentech stock zooms 7% on reports of being lowest bidder for 327 electric buses | Stock Market News

Source: Live Mint Shares of Olectra Greentech, an electric bus manufacturer, rose nearly 7% in intraday trade on Tuesday, October 8, to ₹1663.45 apiece, breaking a three-day losing streak. This sharp reversal in shares came after the company emerged as the lowest bidder for a contract to supply 327 electric buses to the Himachal Road…

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