₹1,000 Invested In Olectra Greentech A Month Ago Would Be Worth This Much Today
Take Stock Of The Week Ahead

Get all the latest Share Market trends and news to set you up for the week ahead.

Olectra Greentech has been having a dream run at the bourses. Shares of the company have jumped over 30% in the last five sessions.

What Happened: The EV manufacturer has been riding the positive wave since the launch of its Hydrogen bus last month. Since the launch, the shares of the company have jumped around 85%. The company just last Friday hit a new 52-week high of ₹743.50 as EV stocks jumped after the Maharashtra budget’s EV announcement.

So with this dream bull run how much would a ₹1,000 Investment last month would be worth right now?

A ₹1,000 investment in the stock on Feb. 13 at the closing price of ₹467.90 would have fetched you two shares of the EV company. Today at the stock’s current market price of around ₹710 your ₹935 investment would have been worth around ₹1,420, translating into an over 50% return on investment.

Price Action: Shares of Olectra Greentech were trading 0.98% higher at ₹711.25 in the late hours of trading on Monday.

See also: Is Olectra Greentech Share A Good Buy At Current Price?

Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Comments
Loading...