Indian shares fell on Monday, tracking losses across Asia as oil surged above $100 a barrel ahead of a U.S. blockade of Iran’s ports after weekend talks between the two countries failed to yield a deal to end the war. The Nifty 50 fell 0.86% to 23,842.65 and the Sensex slid 0.91% to 76,847.57. Both indexes regained some ground after dropping about 2.1% earlier in the session. Other Asian markets fell 0.9%. “We don’t think it is fair to expect a deal (between Iran and U.S.) in one sitting. From markets’ perspective, the recovery last week indicated that worst is over for Indian equities unless there is a significant escalation,” said Arun Malhotra, fund manager at CapGrow Capital. The benchmarks had risen about 6% last week, marking their strongest weekly performance in more than five years as investors took comfort from a fragile U.S.-Iran ceasefire. Malhotra expects volatility to remain elevated, with markets driven by headline risks. The Nifty volatility index jumped to 20.5 from 18.

While the Indian equity indices on Monday traded in deep red, stocks of electric vehicle companies managed to buck the trend. The stocks of companies like electric scooter manufacturer Ather Energy and electric bus makers JBM Auto and Olectra Greentech surged up to 9.5 percent as the Delhi government announced its draft electric vehicle policy

Hyderabad (Telangana) [India], April 10: Olectra Greentech Limited, India's leading electric bus manufacturer, has announced the launch of its new brand identity. The refreshed brand identity reflects Olectra's evolution from a pioneering electric bus manufacturer to a forward-looking, innovation-driven organization focused on delivering integrated mobility and energy solutions.

India registered 4,441 electric buses in 2025, up from 3,730 units in 2024, according to Vahan Dashboard data. The Indian electric bus market expanded by 711 units year-on-year, with volumes increasing by approximately 19%. PMI Electro Mobility, Olectra Greentech and Switch Mobility led the market, while Tata registered a dramatic decrease. The same three players […] The post India electric bus market reaches 4,441 units (+19%), with Switch up six-fold while Tata declines 84% appeared first on Sustainable Bus .

Hyderabad: Olectra Greentech, which is part of the Megha Engineering & Infrastructures group, on Monday said it received a Letter of Intent (LOI) .

Hyderabad (Telangana) [India], February 23 (ANI): India's largest electric commercial vehicle manufacturer and a pioneer in advanced urban mobility solutions - Olectra Greentech Ltd - has secured a Letter of Intent (LOI) issued by the Telangana State Road Transport Corporation (TGSRTC) through Evey Trans Pvt. Ltd. for 1,085 electric buses under the PM E-DRIVE initiative. The initiative is led by Convergence Energ

… of its greenfield electric vehicle manufacturing facility located at Seetharampur, Hyderabad … been established as a dedicated manufacturing unit for electric buses, reflecting … as the lender for the manufacturing project. This notification forms part …

Olectra Greentech shares jumped after the company began Phase-I commercial operations at its new greenfield EV plant in Hyderabad, marking December 31, 2025, as the facility’s official commercial operation date and notifying lender SBI.

In this briefing: Walker’s Weekly: Dr. Jim's Summary of Key Global Macro Developments - 28 Nov 2025 Tata Capital (TATACAP IN): Partial Global Index Inclusion Post-IPO ASX Short Interest Weekly (Nov 21st): James Hardie Industries, Atlas Arteria, Sonic Healthcare Ohayo Japan Olectra Greentech Ltd- Forensic Analysis 1. Walker’s Weekly: Dr. Jim's Summary of Key Global Macro Developments - 28 Nov 2025 United States recession indicators are turning increasingly negative, with construction, retail, and regional Federal Reserve surveys signalling broad economic weakness. Bank of Korea held rates steady, while Asia shows mixed but occasionally strong export trends despite global trade frictions. Regional Federal Reserve manufacturing and service activity reports posted sharp declines, reinforcing a deteriorating United States outlook. 2. Tata Capital (TATACAP IN): Partial Global Index Inclusion Post-IPO Tata Capital Limited (TATACAP IN) went public on 13 October 2025 on NSE and has a current market cap of over $15bn.