NSE: OLECTRA Share Price Target: Today we talk about the Olectra Greentech Ltd Share Price Target from 2024 to 2050. Olectra Greentech Share Price Target, Future Prediction, Prognosis, Forecast 2024, 2025, 2026,2027, 2028, 2029, 2030, 2031, 2035, 2040, 2045, 2050.
From here you can know whether Olectra Greentech’s stock should be bought or sold. Olectra Greentech shares future predictions for 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2035, 2040, 2045, and 2050.
NSE: Olectra Greentech Share Price Target share has increased by +442.00 in the last 1 month, +1,230.50
Olectra Greentech Share Price Target 2024, 2025, 2026, 2027, 2028,2029, 2030, 2035, 2040, 2045, 2050
| Years | 1st Targets (₹) | 2nd Targets (₹) |
| 2024 | ₹1709.95 | ₹1808.50 |
| 2025 | ₹1850.00 | ₹1900.00 |
| 2026 | ₹1950.55 | ₹2000.55 |
| 2027 | ₹2150.50 | ₹2250.55 |
| 2028 | ₹2350.00 | ₹2455.80 |
| 2030 | ₹3000.50 | ₹3150.50 |
| 2035 | ₹4000.50 | ₹4160.80 |
| 2040 | ₹5005.10 | ₹5108.70 |
| 2045 | ₹10000.50 | ₹12000.00 |
| 2050 | ₹19050.00 | ₹20060.50 |
Olectra Greentech Share Price Target 2024
Based on analysis by stock experts, The share price range is set at ₹1709.95 as the minimum, while after the year, the maximum target price for Olectra greentech shares is expected to be ₹1808.50
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2024 | ₹1709.95 | ₹1808.50 |
Olectra Greentech Share Price Target 2025
Based on analysis by stock experts, The share price range is set at ₹1850.00 as the minimum, while after the year, the maximum target price for Olectra greentech shares is expected to be ₹1900.00.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2025 | ₹1850.00 | ₹1900.00 |
Olectra Greentech Share Price Target 2026
Based on analysis by stock experts, The share price range is set at ₹1950.55 as the minimum, while after the year, the maximum target price for Olectra greentech shares is expected to be ₹2000.55
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2026 | ₹1950.55 | ₹2000.55 |
Olectra Greentech Share Price Target 2027
Based on analysis by stock experts, The share price range is set at ₹2150.50 as the minimum, while after the year, the maximum target price for Olectra greentech shares is expected to be ₹2250.55
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2027 | ₹2150.50 | ₹2250.55 |
Olectra Greentech Share Price Target 2028
Based on analysis by stock experts, The share price range is set at ₹2350.00 as the minimum, while after the year, the maximum target price for Olectra greentech shares is expected to be ₹2455.80
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2030 | ₹2350.00 | ₹2455.80 |
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Olectra greentech Share Price Target 2030
Based on analysis by stock experts, The share price range is set at ₹3000.50 as the minimum, while after the year, the maximum target price for Olectra greentech shares is expected to be ₹3150.50.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2030 | ₹3000.50 | ₹3150.50 |
Olectra greentech Share Price Target 2035
Based on analysis by stock experts, The share price range is set ₹4000.50 as the minimum, while after the year, the maximum target price for Olectra greentech shares is expected to be ₹4160.80
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2035 | ₹4000.50 | ₹4160.80 |
Olectra greentech Share Price Target 2040
Based on analysis by stock experts, The minimum target price for SIS is set at ₹5005.10 while the mid-year maximum target price is projected to be ₹5108.70
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2040 | ₹5005.10 | ₹5108.70 |
Olectra greentech Share Price Target 2045
Based on analysis by stock experts, The share price range is set at ₹2500.63 as the minimum, while after the year, the maximum target price for Olectra greentech shares is expected to be ₹2700.11
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2045 | ₹2500.63 | ₹2700.11 |
Olectra greentech Share Price Target 2050
Based on analysis by stock experts, The share price range is set at ₹10000.50 as the minimum, while after the year, the maximum target price for Olectra greentech shares is expected to be ₹12000.00
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2050 | ₹10000.50 | ₹12000.00 |
Olectra greentech Share Price Target in the Next 1, 3, 5, 7, and 10 Years
| Period | Share Price Target 1 | Share Price Target 2 |
| 1 Year | ₹1709.00 | ₹1757.50 |
| 2 Years | ₹1808.50 | ₹2150.50 |
| 3 Years | ₹2250.36 | ₹2380.50 |
| 4 Years | ₹2500.60 | ₹2550.60 |
| 5 Years | ₹2650.36 | ₹2800.35 |
| 6 Years | ₹2950.62 | ₹3050.55 |
| 7 Years | ₹3200.00 | ₹3250.00 |
| 8 Years | ₹3300.56 | ₹3350.56 |
| 9 Years | ₹3500.50 | ₹3600.58 |
| 10 Years | ₹4050.50 | ₹4100.00 |
About Olectra Greentech
Olectra Greentech Limited (Olectra) was incorporated in 2000 and stands as India’s largest manufacturer of pure electric buses, with manufacturing facilities based in Hyderabad, India. Being the pioneer in electric bus production in India, Olectra has successfully manufactured and deployed all types of electric buses across the country. Beyond its leadership in electric buses, the company is now diversifying its product offerings in the e-mobility sector, venturing into electric trucks and electric tippers.
As a publicly listed company, Olectra Greentech Limited is currently traded on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Notably, OGL holds the distinction of being an ISO-9001:2008 certified company, and its Research & Development Center is acknowledged by the Department of Scientific and Industrial Research, Government of India.
Olectra Greentech – Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹ 13,935.67 Cr. |
| Enterprise Value | ₹ 13,838.95 Cr. |
| No. of Shares | 8.21 Cr. |
| P/E | 173.18 |
| P/B | 15.75 |
| Face Value | ₹ 4 |
| Div. Yield | 0.02 % |
| Book Value (TTM) | ₹ 107.82 |
| Cash | ₹ 165.72 Cr. |
| Debt | ₹ 69 Cr. |
| Promoter Holding | 50.02 % |
| EPS (TTM) | ₹ 9.80 |
| Sales Growth | 93.77% |
| ROE | 8.68 % |
| ROCE | 13.86% |
| Profit Growth | 98.06% |
Olectra Greentech Share: Last 5 Years’ Financial Condition
To enhance our comprehension of the market performance, let’s examine the historical outlook of this share in previous years. Nevertheless, investors should exercise caution by considering the associated risks and prevailing market conditions before making any investment decisions.
Last 5 Years’ Sell:
| PARTICULARS | March 2019 | March 2020 | March 2021 | March 2022 | March 2023 |
|---|---|---|---|---|---|
| Sell | 290.30 | 395.53 | 277.22 | 585.43 | 1,134.41 |
Last 5 Years’ Net Profit:
| Year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Net Profit | -13.58 | 10.70 | 12.21 | 35.70 | 70.70 |
Olectra Greentech Ltd’s Last 5 Years’ Profit Growth Ratios:
The profit of Olectra Greentech Ltd has increased by 51.38% in the last 5 years. If we look at the same, the company had made a profit of Rs -13.58 crore in 2019 and a profit of Rs 70.70 crore in 2023, and the company has made a profit of 87.64% in the last 3 years, After this, the profit of the company increased continuously because Olectra Greentech Limited LOA (letter of award) from Vasai Virar City Municipal Corporation, Mumbai for supply and maintenance of 40 electric buses, after which there has been good growth in its profit.
- 1-Year: 98.06%
- 3-Year: 87.64%
- 5-Year: 51.38%
Olectra Greentech Last 5 years’ Return on Equity (ROE)
- 1-Year: 8.68%
- 3-Year: 5.02%
- 5-Year: 2.69%
Olectra Greentech Limited Share peer’s company
- Tata Motors
- Ashok Leyland
- Force Motors
- SML Isuzu
Hdfc Share Price Summary
HDFC 52 Week Low and 52 Week High, HDFC’s all-time high of 1757.50 rs.
Shareholding Pattern Of Olectra Greentech share
| Summary | 2024 |
|---|---|
| Promoter | 0% |
| FII | 52.29 |
| DII | 30.73% |
| Public | 16.97% |
Should You Invest In Olectra Greentech Shares?
Olectra Greentech is a Good share for long-term investment,
The primary source of revenue for companies in the Auto Sector is their sales, and Olectra Greentech has demonstrated remarkable sales growth at 93.77%. In the latest quarter, their sales amounted to Rs 297.87 Cr. To assess whether the company’s inventory is moving effectively, the inventory turnover ratio, which stands at 11.30 times for Olectra Greentech, plays a crucial role. However, it indicates that the company may be managing its inventory inefficiently.
Olectra Greentech has reported substantial profit growth of 98.06% over the past year, with the latest year’s profit reaching Rs 70.70 Cr compared to the previous year’s Rs 35.70 Cr. Anticipated increases in demand, coupled with new government permits, are expected to contribute to further profit growth in the upcoming year.
In the latest quarter, Olectra Greentech’s operating profit stood at Rs 40.79 Cr, a metric that aids in evaluating the company’s operational performance and is instrumental in making financing decisions.
Despite its profitability, Olectra Greentech exhibits a relatively low Return on Equity (ROE) at 8.68%. This is a significant financial indicator, particularly for auto companies that often deal with substantial equity investments and rely on significant debt for research and manufacturing endeavors. However, Olectra Greentech maintains a low Debt to Equity ratio of 0.08, suggesting a favorable balance in its capital structure.
Olectra Greentech distributes a dividend of Rs 0.40 per share, indicating a conservative approach toward sharing profits with shareholders. The dividend yield is relatively low at 0.02%, further reflecting the company’s preference for retaining earnings.
Future of Olectra Greentech Share Price
The Indian Auto Industry ranks among the top 5 largest auto industries globally. Additionally, India stands out as a significant auto exporter, with robust expectations for export growth soon.
In India now electric vehicle is promoted by the Indian government which gives subsidies to buy the vehicle, electric vehicles will cover the auto market in the next 2 to 3 years, and must invest in e-vehicle shares, Olectra electric bus manufacturer India’s largest company after Tata.
Conclusion
This article serves as a comprehensive guide to the Olectra Greentech Share Price target for 2024, 2025, 2026, 2030, 2040, and 2050. The information and forecasts are derived from our analysis, research, company fundamentals, historical data, experiences, and various technical analyses. The article delves into the share’s prospects and growth potential in detail. Feel free to comment below if you have any further queries. We are more than happy to address all your questions. If you find this information helpful, consider sharing the article with as many people as possible.
Disclaimer:
Dear readers, please be advised that we are not authorized by SEBI (Securities and Exchange Board of India). The information provided on this site is solely for informational and educational purposes and should not be construed as financial advice or stock recommendations. Additionally, share price predictions are intended for reference purposes only and are valid only under positive market conditions.
This study does not consider any uncertainties regarding the company’s future or the current market conditions. While this information is for informational purposes, we disclaim any responsibility for potential financial losses incurred based on the information provided on this site. We aim to offer timely updates about the stock market and financial products to assist you in making informed investment decisions. It is crucial to conduct your research before making any investment decisions.