Olectra Greentech has been the top gainer since the opening bell today and that’s on the back of its encouraging earnings for Q1FY25.

The company posted a 45% (YoY) jump in consolidated revenue from operations at Rs.314 crore. PBT came in at Rs.28 crore, up 4% and Net Profit was at Rs.24 crore, up 33%.

On an equity of Rs.33 crore, its EPS for the quarter came in at Rs.2.92 (FV of Rs.4/share).

The company has two segments -manufacturing of Composite Polymer Insulators & Electric Vehicles which includes e-buses & e-trucks, which contributed 88% to the total revenue earned.

The stock has shown volumes of almost 7x today, with the stock opening 4.5% higher at Rs.16162 and rising to an intraday high at Rs.1740, up 13%. Its 52-week high stands at Rs.2222.