Select Page

Home / Share Price Target / Olectra

Olectra Greentech Share Price Target 2024, 2025, 2026 to 2039 With Charts

Olectra Greentech Limited

Company LogoSymbol: OLECTRA
Price: ₹1,809
Exchange: NSE
Industrials -> Farm & Heavy Construction Machinery
Show Table of Contents

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.


Advertisement

Olectra Greentech Financial Performance

MetricValueDescription
Market Capital14,646.07 CroreMarket valuation of Olectra Greentech's shares.
Revenue (TTM)1,154.13 CroreTotal revenue generated by Olectra Greentech over the past twelve months.
Net Income (TTM)+76.83 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin8.58%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin6.65%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-23.21%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-49.2%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
13.17Company's total debt divided by total shareholder equity.
Total Debt120.74 CroreSum of Olectra Greentech's current & long-term financial obligations.
Total Cash174.54 CroreTotal amount of liquid funds available to Olectra Greentech.
Beta1.14Beta 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?

Olectra Greentech's impressive 12-month return of 147.59% and a 5-year return of 656.47% are certainly eye-catching. However, the recent Q4-2023-24 report shows a concerning -49.2% decline in earnings compared to the same quarter last year, coupled with a -23.21% drop in revenue compared to the previous quarter. While the company boasts a strong cash balance of 174.54 Crore, its debt of 120.74 Crore raises some red flags. Overall, this suggests Olectra Greentech is a risky investment for long-term growth.

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

 Olectra Greentech Targets For 2024 Chart

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.

Advertisement

Olectra Greentech Share Price Target Table For 2024

Olectra Greentech's LevelsValueReason/Importance
2024 Target 31951.93 (+7.9%)Price Action: Chart
2024 Target 21915.53 (+5.88%)Custom Fibonacci Extension Lvl 23.6%
2024 Target 11892.00 (+4.58%)Price Action: 25 Jun 2024 High
Current Price1809.00 Olectra Greentech's 1 share price as of Wed 03 Jul 2024
Stop Loss 11775.55 (-1.85%)Price Action: Jun 2024 Low
Stop Loss 21756.44 (-2.91%)Price Action: Apr 2024 High
Stop Loss 31738.50 (-3.9%)Price Action: 06 Jun 2024 High

Summary: Olectra Greentech Share Price Prediction For 2024

In summary, Olectra Greentech has surged by ₹462.20, achieving a notable +34.32% increase from 1st January 2024 to 03 Jul 2024. Our analysis of Olectra Greentech for 2024 predicts an additional rise of 4.58% to 7.9% by the end of 2024 with three potential targets T1: 1892.00, T2: 1915.53, T3: 1951.93. Stop Loss at SL1: 1775.55, SL2: 1756.44, SL3: 1738.50.

Olectra Greentech has a 52-week high of ₹2221.94, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹958.15, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Olectra Greentech.

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.

Olectra Greentech Share Price Target For 2025

 Olectra Greentech Targets For 2025 Chart

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.

Advertisement

Olectra Greentech Share Price Target Table For 2025

Olectra Greentech's LevelsValueReason/Importance
2025 Target 33025.47 (+67.24%)Price Action: Chart
2025 Target 22969.06 (+64.12%)Price Action: Chart
2025 Target 12939.66 (+62.5%)Custom Fibonacci Extension Lvl 64.9%
Current Price1809.00 Olectra Greentech's 1 share price as of Wed 03 Jul 2024
Stop Loss 11547.05 (-14.49%)Price Action: 05 Jun 2024 Low
Stop Loss 21531.58 (-15.34%)Price Action: Chart
Stop Loss 31481.62 (-18.1%)Technical Indicator: MA250

Summary: Olectra Greentech Share Price Prediction For 2025

In summary, Olectra Greentech has surged by ₹462.20, achieving a notable +34.32% increase from 1st January 2024 to 03 Jul 2024. Our analysis of Olectra Greentech for 2025 predicts an additional rise of 62.5% to 67.24% by the end of 2025 with three potential targets T1: 2939.66, T2: 2969.06, T3: 3025.47. Stop Loss at SL1: 1547.05, SL2: 1531.58, SL3: 1481.62.

Olectra Greentech has a All-Time high of ₹2221.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹958.15, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Olectra Greentech, we have created a specific page for that check here: Olectra Greentech Share Price Target For Tomorrow & Next Week

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 Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

 Olectra Greentech Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Olectra Greentech share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 13.05% over the next 15 years.

For complete year by year Olectra Greentech long term share price target from 2024, 2025 to 2039 check the below table.

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

Year Olectra Greentech TargetYoY Change %
2024₹1,809[Current Price]
2024₹2,222.6422.86%
2025₹3,279.447.54%
2026₹3,686.7712.42%
2027₹4,250.7815.29%
2028₹5,151.8121.19%
2029₹5,583.288.37%
2030₹7,086.5726.92%
2031₹7,160.361.04%
2032₹7,620.746.42%
2033₹8,677.1213.86%
2034₹8,943.923.07%
2035₹10,893.7421.8%
2036₹10,633.95-2.39%
2037₹10,990.713.35%
2038₹12,202.4411.02%
2039₹12,370.741.37%

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.

Olectra Greentech Past Performance

OLECTRA main
Olectra Greentech has been listed on NSE for more than 22 years.
  • In 2002, Olectra Greentech opening price was ₹14.05
  • As of Wed 03 Jul 2024 the price stands at ₹1,809.
  • This represents a Compound Annual Growth Rate (CAGR) of 23.52%.
  • In 22 years, an investment of 10,000 would have become ₹12.87 Lakh.

As we wrap up, we hope you like our study on Olectra Greentech share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Olectra Greentech Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter