Stock of this car & utility vehicles company has zoomed 115% in 3 months

Shares of Olectra Greentech were locked at 5 per cent upper circuit at Rs 854.95 on the BSE on Tuesday on expectation of healthy earnings growth going forward

Shares of Olectra Greentech were locked at the 5 per cent upper circuit at Rs 854.95 on the BSE on Tuesday on expectation of healthy earnings going forward. The stock of the car and utility vehicles company has zoomed 115 per cent in the past three months, as compared to a 0.63-per cent decline in the S&P BSE Sensex. It had hit a record high of Rs 912 on November 18, 2021.

Currently, Olectra Greentech is trading under the T group on the BSE. In the T2T segment, each trade has to result in delivery and no intra-day netting