Olectra Greentech is an electric bus manufacturer and insulator in India. Olectra Greentech Share Price Target 2025 to 2030 and 2040 depends on the company’s future growth, the financial condition of the company, the types of business done by the company, and the past performance and market trends of the company. So friends we will explore all these factors so that you can understand the company and the share price target of the company.
What is Olectra Greentech Ltd?
Olectra Greentech Limited is the largest manufacturer of electric buses in India which was incorporated in 1992. Initially days, the company worked on composite electrical buses and polymer insulators but according to the public demands and other understanding of the market wants, the company changed its complete business model and sifted in electric buses.
The new launches of the company include V2 electric bus, X2, iX, and CX2 buses. I want to tell you that the company manufactured and sold more than 1500 electric buses in the year 2023 and the company secured the order for more than 8000 buses to deliver across India.
Olectra Greentech Ltd Share Price History
Olectra share prices nse and bse are Rs 1822.40 per share and Rs 1821.25 per share respectively. The growth rate of Olectra Greentech share is slow but the long-term return of the company is 8264.77% in 20 year time period. The last year’s return of the company was +37% and the last 5-year return of the company was 807%
| Time | Per Share Price in INR |
| Before 5 Day | 1616.70 |
| Before 1 Month | 1643.65 |
| Before 6 Month | 1675.35 |
| Before 1 Year | 1148.80 |
| Before 5 Year | 194.25 |
| All Time Max | 2006.40 |
Olectra Greentech Ltd Quarterly Result
Friends I am showing you the quarterly result of Olectra Greentech Limited. In this table, you can see the overall past performance of this company and the financial condition of the company. This table is the one-stop solution for judging this company and its overall position in the stock market.
| Metrics / Quarter-Year | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 208 | 271 | 281 | 177 | 256 | 376 | 216 | 307 | 342 | 289 |
| Total Expenses | 180 | 239 | 245 | 157 | 221 | 326 | 176 | 267 | 293 | 254 |
| Operating Income | 29 | 32 | 36 | 20 | 35 | 50 | 40 | 41 | 49 | 34 |
| Operating Margin (%) | 14% | 12% | 13% | 11% | 14% | 13% | 19% | 13% | 14% | 12% |
| Other Earnings | 2 | 4 | 3 | 6 | 2 | 2 | 1 | 5 | 7 | 8 |
| Interest Costs | 2 | 4 | 8 | 7 | 8 | 8 | 7 | 10 | 13 | 13 |
| Depreciation | 7 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 10 |
| Pre-Tax Profit | 21 | 24 | 23 | 11 | 20 | 35 | 25 | 27 | 34 | 20 |
| Tax Rate (%) | 39% | 26% | 27% | 33% | 25% | 22% | 28% | 30% | 20% | 26% |
| Net Earnings | 13 | 18 | 17 | 7 | 15 | 28 | 18 | 19 | 27 | 15 |
| Earnings Per Share (Rs) | 1.54 | 2.16 | 2.03 | 0.92 | 1.75 | 3.29 | 2.20 | 2.20 | 3.29 | 1.67 |
Also Read ITC Share Price Target By 2024, 2025 To 2030 & 2040
Olectra Greentech Share Overview
| Olectra Greentech Share Overview | Olectra Share Data |
| Previous close | ₹1,635.30 |
| Day Range | ₹1,627.05 – ₹1,656.80 |
| Market Cap | 135.66BÂ INR |
| AVG Volume | 862.37K |
| 52 Week High | ₹2,221.95 |
| 52 Week Low | ₹1,128.05 |
Olectra Greentech Share Fundamentals Info.
| Olectra Greentech Share Fundamentals Info | Olectra Share Data |
| P/E Ratio(TTM) | 120.55 |
| Industry P/E | 24.00 |
| Debt to Equity | 0.13 |
| ROE | 8.41% |
| EPS(TTM) | 9.36 |
| Dividend Yield (DY) | 0.02% |
| Book Value | 111.29 |
| Face Value | 4 |
Olectra Greentech Share Shareholding Pattern
Olectra Greentech’s stock shareholding pattern is perfect, the promoters, retail investors, foreign institutions, and other combinations are perfect which is seen in the table below.
| Olectra Share Shareholding Types | Percentage Data |
| Promoters | 50.02% |
| Retail & Other | 41.23% |
| Foreign Inst | 8.58% |
| Mutual Funds | 0.11% |
| Other Domestic Inst. | 0.07% |
Olectra Greentech Share Price Target 2025
Olectra Greentech Share Price Target for 2025 varies between Rs 2494.47 to Rs 2806.45 per share.
- January: Rs 2494.47
- February: Rs 2519.03
- March: Rs 2539.36
- April: Rs 2582.80
- May: Rs 2619.02
- June: Rs 2629.11
- July: Rs 2611.66
- August: Rs 2680.84
- September: Rs 2710.01
- October: Rs 2751.03
- November: Rs 2797.13
- December: Rs 2806.45
Olectra Greentech Share Price Target 2026
Olectra Greentech Share Price Target for 2026 will be Rs 2812.01 to Rs 3124.99.
- January: Rs 2812.01
- February: Rs 2817.57
- March: Rs 2857.90
- April: Rs 2901.34
- May: Rs 2937.56
- June: Rs 2947.65
- July: Rs 2930.20
- August: Rs 2995.38
- September: Rs 3028.55
- October: Rs 2970.57
- November: Rs 3115.67
- December: Rs 3124.99
Olectra Greentech Share Price Target 2027
Olectra Greentech Share Price Target for 2027 will be Rs 3125.55 to Rs 3338.53.
- January: Rs 3125.55
- February: Rs 3131.11
- March: Rs 3171.44
- April: Rs 3214.88
- May: Rs 3251.10
- June: Rs 3261.19
- July: Rs 3243.74
- August: Rs 3308.92
- September: Rs 3341.09
- October: Rs 3284.11
- November: Rs 3329.21
- December: Rs 3338.53
Olectra Greentech Share Price Target 2028
- January: Rs 3340.09
- February: Rs 3344.65
- March: Rs 3384.98
- April: Rs 3428.42
- May: Rs 3464.64
- June: Rs 3474.73
- July: Rs 3457.28
- August: Rs 3522.46
- September: Rs 3554.63
- October: Rs 3507.67
- November: Rs 3542.75
- December: Rs 3552.07
Olectra Greentech Share Price Target 2029
- January: Rs 3557.96
- February: Rs 3562.52
- March: Rs 3602.85
- April: Rs 3646.29
- May: Rs 3682.51
- June: Rs 3692.60
- July: Rs 3675.15
- August: Rs 3740.33
- September: Rs 3772.50
- October: Rs 3725.54
- November: Rs 3759.62
- December: Rs 3769.94
Olectra Greentech Share Price Target 2030
- January: Rs 3777.53
- February: Rs 3782.09
- March: Rs 3822.42
- April: Rs 3865.86
- May: Rs 3901.08
- June: Rs 3911.17
- July: Rs 3893.72
- August: Rs 3959.90
- September: Rs 3991.07
- October: Rs 3945.11
- November: Rs 3979.19
- December: Rs 3989.51
Olectra Greentech Share Price Target 2040
- January: Rs 5972.02
- February: Rs 5977.58
- March: Rs 6017.91
- April: Rs 6061.35
- May: Rs 6096.57
- June: Rs 6106.66
- July: Rs 6089.21
- August: Rs 6155.39
- September: Rs 6186.56
- October: Rs 6140.60
- November: Rs 6174.68
- December: Rs 6184.00
Conclusion
The Olectra Greentech business model is sustainable in the future but the order for future manufacturing is secured by Olectra besides this there are many competitors available to defeat Olectra. So you have to check Olectra regularly for a better knowledge of Olectra’s share price targets 2025 to 2030 and 2040.
FAQs On Olectra Greentech Share Price Target
What is the share price target of Olectra Greentech for 2025?
The share price target of Olectra Greentech for 2025 is Rs 2494.47 to Rs 2806.45.
What is the share price target of Olectra Greentech for 2026?
The share price target of Olectra Greentech for 2026 is Rs 2812.01 to Rs 3124.99.
What is the share price target of Olectra Greentech for 2027?
The share price target of Olectra Greentech for 2027 is Rs 3125.55 to Rs 3338.53.
What is the share price target of Olectra Greentech for 2028?
The share price target of Olectra Greentech for 2028 is Rs 3340.09 to Rs 3552.07.
What is the share price target of Olectra Greentech for 2029?
The share price target of Olectra Greentech for 2029 is Rs 3557.96 to Rs 3769.94.
What is the share price target of Olectra Greentech for 2030?
The share price target of Olectra Greentech for 2030 is Rs 3777.53 to Rs 3989.51.
What is the share price target of Olectra Greentech for 2040?
The share price target of Olectra Greentech for 2040 is Rs 5972.02 to Rs 6184.00.
What is the market cap of Olectra Greentech Ltd?
The market cap of Olectra Greentech Ltd is INR 14953Cr.