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Global Vectra shares surged 20% to Rs 243.14 on the NSE, marking a third consecutive session of gains and a 31% rally over this period. The rise followed ace investor Vijay Kedia increasing his stake, while the stock remains volatile but continues to trade above key moving averages.
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Its parent company said affected staff would be "offered redeployment opportunities where possible".
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Ola Electric shares hit a 5% upper circuit after the company announced its entry into the energy storage market with Ola Shakti, a residential battery energy storage system. The innovation, built on indigenous 4680 Bharat Cells, marks Olas expansion beyond EVs into clean energy, targeting homes and small businesses.
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