📈 Olectra Greentech Ltd (NSE: OLECTRA) shares surged 7.1% on 18 Jun 2026, closing at ₹1451.00.
📊 Market Snapshot
| Metric | Value |
|---|---|
| Open | ₹1360.40 |
| Close | ₹1451.00 |
| High | ₹1454.00 |
| Low | ₹1343.00 |
| Change | +7.09% (₹102.88) |
| Volume | 9,52,650 |
| Market Cap | ₹11892 Cr |
| 52W High | ₹1714.20 |
| 52W Low | ₹866.60 |
🔍 Analysis
Olectra Greentech Ltd surged 7.09% on June 18, closing at ₹1,451 after opening at ₹1,360.4. The immediate trigger was a sector‑wide upbeat note that highlighted auto stocks, with Olectra gaining 3.21% in the headline. Positive sentiment around electric‑vehicle (EV) demand and the company’s recent order wins likely amplified the move. Trading volume was 9,52,650 shares, exactly matching the 30‑day average, indicating that the price jump was not driven by an abnormal surge in participation but rather by a shift in buying intent among regular traders. The stock is trading about 15% below its 52‑week high of ₹1,714.2 and well above its 52‑week low of ₹866.6, suggesting room for upside if the EV narrative stays strong. While the broader Nifty 50 rose modestly by 0.34%, Olectra’s outperformance shows it is decoupling from the general market and benefitting from sector‑specific optimism. The price stayed near the day’s high of ₹1,454, reinforcing the bullish bias. Investors should keep an eye on upcoming EV policy announcements and any new order confirmations, as these could sustain the momentum or cause a pull‑back in the next sessions.
🏷️ About Olectra Greentech Ltd
- Exchange: NSE
- Sector: EV
- Nifty Change: +0.34%
💡 For educational purposes only. Not financial advice.
