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Olectra Greentech Share Price Drops 3.26% on January 15, 2025

Written by: Nikitha DeviUpdated on: Jan 15, 2025, 2:39 PM IST
Olectra Greentech share price opened at ₹1,409.00 on January 15, 2025, down 3.26% to ₹1,389.10, with a 52-week low of ₹1,240.00 on January 13.
Olectra Greentech Share Price Drops 3.26% on January 15, 2025
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Olectra Greentech Ltd has been in focus on Wednesday. On January 15, 2025, Olectra Greentech share price (NSE: OLECTRA) opened at ₹1,409.00, down from its previous close of ₹1,435.95. At 11:20 AM, the share price of Olectra Greentech was trading at ₹1,389.10, down by 3.26% on the NSE. Notably, the stock price touched its 52-week low recently on January 13, 2025, at ₹1,240.00.

Q2 FY 2025 Financial Highlights

For Q2 FY25, the company reported a total income of ₹52,618.84 lakh, a significant increase compared to ₹31,028.36 lakh in Q2 FY24. For the first half of FY25 (H1 FY25), total income reached ₹84,318.48 lakh, up from ₹52,750.56 lakh in H1 FY24.

Net profit after tax for Q2 FY25 stood at ₹4,765.29 lakh, a substantial rise from ₹1,857.92 lakh in Q2 FY24. In H1 FY25, net profit amounted to ₹7,190.61 lakh, a notable increase from ₹3,665.16 lakh in H1 FY24.

About Olectra Greentech Ltd

Olectra Greentech Limited was founded in 2000. The company specialises in the production of composite polymer insulators and electric buses. Olectra Greentech Limited is headquartered in Hyderabad.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 15, 2025, 1:28 PM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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