OLECTRA made 52 week low
Shares of OLECTRA dropped nearly 6% on Friday to hit their 52-week low of ₹1,151.15 apiece on the NSE. This is the seventh consecutive session of losses for the stock, which is down almost 19% in the past month and 42% in the last year.
For Q3 FY25, Olectra Greentech reported a consolidated net profit of ₹46.33 crore, up 71.7% compared with the year-ago quarter but marginally down from ₹47.56 crore seen in the previous quarter.
Revenue from operations in Q3FY25 stood at ₹515.37 crore, up 50.6% over ₹342.14 crore in Q3FY24 but down from ₹523.67 crore seen in Q2 FY25.
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