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Penny stock under Rs 50: This EV manufacturing company reports a 48 per cent sales growth in August 2023! Penny stock under Rs 50: This EV manufacturing company reports a 48 per cent sales growth in August 2023!

Penny stock under Rs 50: This EV manufacturing company reports a 48 per cent sales growth in August 2023!

Shares of the company generated an impressive return of 450 per cent return in the last five years.

Rakesh Deshmukh 0 29768 Article rating: 3.9

The company holds a significant position as India's first BSE-listed entity with a core focus on EV manufacturing. 

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Heavy buying witnessed: Keep a close eye on this stock ahead of its Q3 results! Heavy buying witnessed: Keep a close eye on this stock ahead of its Q3 results!

Heavy buying witnessed: Keep a close eye on this stock ahead of its Q3 results!

The net profit of the company grew by 196.51 per cent to Rs 22.09 crore as against the figure of 7.45 crore during the previous quarter ended last year

Bhavya Rathod 0 13537 Article rating: 3.9

Ahead of the results of quarter ended December 31, 2022, the market is expecting great results from the company after historic performance last quarter

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Olectra Q1FY23 net profit jumps ninefold; delivers 169 e-buses in Q1 Olectra Q1FY23 net profit jumps ninefold; delivers 169 e-buses in Q1

Olectra Q1FY23 net profit jumps ninefold; delivers 169 e-buses in Q1

The stock has more than doubled in the last one year

Karan Dsij 0 2625 Article rating: 3.8

The e-bus division has recorded a revenue of Rs 279.4 crore for the quarter ended June 30, 2022, against Rs 23.4 crore for the corresponding quarter ended June 30, 2021, resulting in significant growth of 1,096 per cent mainly due to the supply of electric buses (169 buses in Q1 22-23 against only 11 buses in Q1 2022-23) and higher operating income recorded in the current quarter from Pune bus operations.  

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Jio-bp to power Zomatos EV journey Jio-bp to power Zomatos EV journey

Jio-bp to power Zomatos EV journey

The collaboration is poised to accelerate EV adoption in the rapidly growing Indian delivery and transportation segment.

Shreya Chaware 0 492 Article rating: 5.0

Jio-bp - a fuels and mobility joint venture between RIL and bp - and Zomato, today announced that they have entered an agreement to support Zomato’s commitment towards The Climate Group’s EV100 initiative of 100 per cent EV fleet by 2030. Towards the same, Jio-bp will provide EV mobility services to Zomato along with access to ‘Jio-bp pulse’ branded battery swapping stations for last mile delivery. 

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