12-09-2024 02:57 PM | Source: Accord Fintech
EV stocks surge as cabinet approves PM E-Drive scheme with outlay of Rs 10,900 crore

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The government has approved PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme with an outlay of Rs 10,900 crore over a period of two years. The Scheme now includes e-vouchers, streamlining the EV buying process easier than ever. 

JBM Auto is currently trading at Rs. 2000.05, up by 68.55 points or 3.55% from its previous closing of Rs. 1931.50 on the BSE.

Olectra Greentech is currently trading at Rs. 1630.65, up by 14.20 points or 0.88% from its previous closing of Rs. 1616.45 on the BSE.

Ashok Leyland is currently trading at Rs. 242.90, up by 1.20 points or 0.50% from its previous closing of Rs. 241.70 on the BSE.