Olectra Greentech rallies 7% on commencing operations at new EV bus plant in HyderabadOlectra Greentech rallies 7% on commencing operations at new EV bus plant in Hyderabad

Introduction

Leading electric vehicle manufacturer commenced Phase-I operations at its Hyderabad Greenfield facility. The plant has annual production capacity of 2,500 buses, representing 50% of the planned per shift capacity.

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Share price movement of Olectra Greentech

On January 2, 2026, Olectra Greentech Ltd opened at ₹1,212.00, up 0.96% from its previous close of ₹1,200.55. The stock reached a high of ₹1,274.00 (6.10%) and a low of ₹1,212.00. By 11:46 AM, it traded at ₹1,251.90, a 4.28% increase, with a market cap of ₹10,275.69 crore.

Olectra Greentech Starts Phase-I Operations at Hyderabad EV Facility

Olectra Greentech Limited declared December 31, 2025, as the commercial operation date for its Greenfield EV manufacturing facility in Seetharampur, Hyderabad. Phase-I capacity is 2,500 buses per annum.

The facility’s total planned per shift capacity is 5,000 buses annually. Phase-I production represents 50% of this capacity. The company communicated the COD to its lender, State Bank of India, for record and operational purposes.

Stock performance of Olectra Greentech for Period of 1 week, 6 months, and 1 year

Olectra Greentech Ltd delivered a -3.01% return over the past week. It gained 0.10% in the past six months and declined 19.6% over the past year.

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Shareholding pattern of Olectra Greentech

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	50.00%	50.00%	50.00%
FII	7%	5.70%	5.40%
DII	0.70%	0.50%	0.50%
Public	42.30%	43.80%	44.20%

About Olectra Greentech

Olectra Greentech Ltd (NSE: OLECTRA), incorporated in 2000, manufactures composite polymer insulators and electric buses. The company is headquartered in Hyderabad and focuses on advanced electric vehicle and power solutions in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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