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Akhilesh Jat SEBI RA

20th Mar · SEBI-Registered Analyst

Olectra Greentech Rallies: Weekly Surge Signals Reversal Momentum ⚡

OLECTRA
witnessed a sharp weekly surge of 28.33%, marking a strong positive close after six consecutive weeks of decline. The move reflects renewed buying interest and a shift in near-term sentiment. The EV-focused narrative gained traction amid rising crude oil prices, influenced by escalating geopolitical tensions involving the US, Israel, and Iran, potentially driving interest toward alternative mobility solutions. Performance Snapshot 📊 • Weekly Gain: 24.67% • March 2026 (MTD): ~10% • CY2026 (YTD): -16.64% The sharp rebound highlights improved momentum following an extended corrective phase. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

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