Olectra Greentech Shares Crash 13% as Gov Cancels Order
Shares of Olectra Greentech Ltd plunged 13% on Tuesday, 27 May, after Maharashtra Transport Minister Pratap Sarnaik called for the cancellation of the company’s electric bus deal over missed delivery deadlines. Sarnaik criticized the company for failing to deliver even a single bus out of the 1,000 scheduled for handover by 22 May. Without naming…