Select Page

Olectra Greentech (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039

Olectra Greentech Limited

Company Logo Price: ₹1,465.25
52 Week Low: ₹1,226.05
52 Week High: ₹2,221.95
Market Capital: 13,071.36 Crore (Midcap)
Industrials -> Farm & Heavy Construction Machinery
Show Table of Contents

To predict the Olectra Greentech's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Olectra Greentech Share Price Target For 2024

The line chart displays the monthly closing prices of Olectra Greentech with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Olectra Greentech shares in 2024, see the table below.

Olectra Greentech Share Price Target Table For 2024

Level Value Analysis
2024 Target 3 1552.69 (+5.96%) Price Action: Oct 2024 Low
2024 Target 2 1514.53 (+3.36%) Fibonacci Extension Level 23.60%
2024 Target 1 1497.95 (+2.23%) Price Action: 19 Dec 2024 Low
Current Price 1465.25 Olectra Greentech's share price as of 23 Dec 2024
Stop Loss 1 1450.11 (-1.04%) Price Action: Chart
Stop Loss 2 1434.25 (-2.12%) Price Action: 21 Nov 2024 High
Stop Loss 3 1417.34 (-3.27%) Price Action: 25 Nov 2024 Low

Short-Term Technical Outlook

Current Technical Position: Olectra Greentech is displaying bearish momentum trading below key moving averages.

Key Technical Level: The 25-day moving average at ₹1536.98 serves as the nearest technical reference point.

Historical Returns: 3-month: -11% | 6-month: -17.19% | 1-year: +9.4%

Olectra Greentech Share Price Target For 2025

The line chart displays the monthly closing prices of Olectra Greentech with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Olectra Greentech shares in 2025, see the table below.

Olectra Greentech Share Price Target Table For 2025

Level Value Analysis
2025 Target 3 2221.42 (+51.6%) Fibonacci Extension Level 100.00%
2025 Target 2 2164.4 (+47.71%) Price Action: Chart
2025 Target 1 2142.97 (+46.25%) Fibonacci Extension Level 64.90%
Current Price 1465.25 Olectra Greentech's share price as of 23 Dec 2024
Stop Loss 1 1284.27 (-12.36%) Price Action: Aug 2023 High
Stop Loss 2 1271.43 (-13.23%) Price Action: Chart
Stop Loss 3 1248.54 (-14.79%) Price Action: Chart

Long-Term Technical Outlook

52-Week Range Analysis: Olectra Greentech is currently trading near its 52-week low of ₹1226.05, indicating potential value opportunity.

Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.

Long-Term Performance: 1-year: +9.4% | 3-year: +84.81% | 5-year: +742.77%

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Approach 2: Machine Learning By Studying Historical Prices

Olectra Greentech Share Price Target Chart and Table From 2024, 2025, 2026 to 2039

Year Target 1 Target 1 YoY Chg % Target 2
Current Price ₹1,465.25
2024 ₹1,506.88 +2.84% ₹1,529.48
2025 ₹1,737.77 +15.32% ₹1,782.12
2026 ₹1,621.71 -6.67% ₹1,676.79
2027 ₹1,656.64 +2.15% ₹1,882.36
2028 ₹1,860.59 +12.31% ₹1,982.60
2029 ₹1,860.50 -0% ₹2,082.84
2030 ₹2,127.29 +14.33% ₹2,183.08
2031 ₹1,969.62 -7.41% ₹2,045.94
2032 ₹1,997.42 +1.41% ₹2,283.32
2033 ₹2,228.20 +11.55% ₹2,383.56
2034 ₹2,214.11 -0.63% ₹2,483.80
2035 ₹2,516.81 +13.67% ₹2,584.04
2036 ₹2,317.53 -7.91% ₹2,419.42
2037 ₹2,338.20 +0.89% ₹2,684.27
2038 ₹2,595.81 +11.01% ₹2,784.51
2039 ₹2,587.88 -0.3% ₹2,884.75

Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.

Olectra Greentech Brief Company Overview

Olectra Greentech Limited: A Leader in Composite Polymer Insulators and Electric Buses Olectra Greentech Limited, established in 2000 and headquartered in Hyderabad, India, is a prominent manufacturer and supplier of composite polymer insulators. With a commitment to... innovation, they cater to the transmission and distribution industry with their diverse range of insulators. Their product portfolio includes 1200KV, 330-420KV, 220-245KV, 110-132KV, 52-77KV, 33-36KV, 22-28KV, and 10-15KV insulators, along with tonne, bracket tube, and stay arm insulators for railways. In addition to insulators, Olectra Greentech has ventured into the electric bus segment, showcasing their commitment to sustainable mobility.

Olectra Greentech Financial Performance

Metric Value Description
Market Capital 13,071.36 Crore Market valuation of Olectra Greentech's shares.
Revenue (TTM) 1,468.56 Crore Total revenue generated by Olectra Greentech over the past twelve months.
Net Income (TTM) +112.25 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin +13.67% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin +7.64% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+70.5% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+163.38% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
18.95 Company's total debt divided by total shareholder equity.
Total Debt 186.71 Crore Sum of Olectra Greentech's current & long-term financial obligations.
Total Cash 218.73 Crore Total amount of liquid funds available to Olectra Greentech.
Beta 1.13 Beta is greater than 1 indicating that the Olectra Greentech's price is more volatile than the market.

Is Olectra Greentech A Good Buy For Long Term?

No valid response content found

Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.

All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.