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Olectra Greentech Share Price Target 2023, 2024, 2025, 2026, and 2030

Olectra Greentech share Price Target 2023, 2024, 2025, 2026, and 2030

Olactra Greentech is a small-cap company that has great returns to investors over a period of time. Renet times these EV stocks grab many investors’ attention. Today, we are going to discuss Olactra Greentech’s share price target and its future share performances based on its valuation and financial health.

Evaluating the company’s business fundamentals and its financial health will give us more insight into the company’s long-term stock performances. Also, we analyze Olactra Greentech’s business and financial aspects which help us to understand whether investing in this Small-cap EV stock is profitable or not. Let’s see Olactra Greentech Share Price Target for 2023, 2024, 2025, 2026, and 2030.

Olectra Greentech Share Price Target 2023, 2024, 2025, 2026, 2030

Olectra Greentech which is a small-cap company with a total market valuation of Rs.10,636.4 Cr. This company mainly deals with the manufacture and marketing of Motor Vehicles. Let’s see the company’s fundamentals.

Market CapRs. 10,636 Cr
IndustryElectric Equipment and Component services
Operating RevenueRs.1134.4 Cr
Current Market Price Rs.1,297.20
P/E ratio160.91
Earnings Per Share8.6

Olectra Greentech Share Price Target 2023

Olectra Greentech involves businesses like the manufacture and sales of EV buses and composite polymer insulators in India. The company was established in 2000 and headquartered in Hyderabad.

The company was listed on the Bombay Stock Exchange BSE- 532439 and the National Stock Exchange NSE-OLECTRA. The compnay generating revenue from EV busses and EHV composite insulation supply.

Olectra Greentech Share Price Target 2023: The company is now more concentrating to expnad its business in to various markets apart from India. So you can see the good revenue growtht in the future.

Olectra Greentech Share First Target Price 2023Rs.1800
Olectra Greentech Share Second Target Price 2023Rs.1900

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Olectra Greentech Share Price Target 2024

Olectra Greentech is the pioneer compnay in the domestic EV busses and EHV insullation segment. The company’s P/E ratio is 161.35 which is higher than the sector P/E ratio. So this EV stock is currently in Overvalued zone as per the valuations.

The company has a great records over the period of time, while it share value was rose upto 1838% in the last 3 years of time. As well as this small-cap stocks has return over the NIFTY 100 returns which is 140.6%.

Olectra Greentech Share Price Target 2024: To comparing this small-cap stocks wiht NIFTY 100 the returns form Olectra Greentech was exponentioal. Also its share value might be increased by the future based on the market demand.

Olectra Greentech Share First Target Price 2024Rs.2700
Olectra Greentech Share Second Target Price 2024Rs.2750

Olectra Greentech Share Price Target 2025

Olectra Greentech has posted good results in the last couple of financial years. While looking its share price history its share value has rise 111% with the annual revenue growth of 83.18%. Also its annual revenue growht was outperformed the last 3years CAGR of 68.9%.

The compnay is planning to keep intorducing new products by upcoming days. And country is moving forward for EV vehicles , so there will be a great opportunity for Olectra Greentech to beocme a largest company in EV busses segments.

Olectra Greentech Share Price Target 2025: Due to the increase of market demand of EV vehicles the compnay can make more profit in upcoming days. Also the technical analysis of this company says its share price target by 2025 is expected between Rs.3800 to Rs.4000.

Olectra Greentech Share First Target Price 2025Rs.3800
Olectra Greentech Share Second Target Price 2025Rs.4000

Olectra Greentech Share Price Target 2026

Oelctra Greentech averge annual returns was 64.6%, while the Indian EV sector growth rate was 15.4% annually. The company is fully occupied the EV busses segments in an econony range with most reliable desingn’s as well as cost effective.

Olectra Greentech Share price was hiked 1838.7% in the last 3 years

consolidate Financials
olectra greentech share price target

TradingView Chart of Olactra Greentech

As well as the compnay has a strong technical team that desings world class models in Customer vehicle segments. Also they had a plan to expand their business in to various contries across the Asia.

Olectra Greentech Share First Target Price 2026Rs.5200
Olectra Greentech Share Second Target Price 2026Rs.5300
Also Read: Motherson Sumi Share Price Target 2023, 2024, 2025, 2026, and 2030

Olectra Greentech Share Price Target 2030

The Union governemt announce so many projects to increase the use of EV vehciles, while the next 10 years the indian motor segment upto 60% could be converted into EV vehicles. So, there will be huge opportunity for EV motor segments in the future.

Also the company has very low level of debt to equity ratio which is 15%, producing more cash flow while comparing its debt vlaue. In the past 5 years the company’s debt value has reduced from 36.5% to 15.9%.

Olectra Greentech Share Price Target 2030: Olectra Greentech has a capacity to adopt the upcoming market demand in domestic and internations EV segments. Also the company gradually increasing its global presence by the future. So, you can expect the share price target of Olectra Greentech by 2030 is expected between Rs.

Olectra Greentech Share First Target Price 2030Rs.9000
Olectra Greentech Share Second Target Price 2030Rs.9500

Olectra Greentech Shares Strength

  • The company delivers standard returns over the past 5 years to investors.
  • Annual revenue growth is higher than its sector growth.
  • In the last 2 years its ROCE percentage was increased
  • Effectiviely using its share holders fund and its assets to generate profits.
  • It has reduced its debt value.

Olectra Greentech Business Overview

Olectra Greentech Limited is the India’s biggest EV bus manufacturer, headquartered in Hyderabad. The company mainly deals with manufacturer of composite polymer insulators and EV busses.

After getting success from EV bus segments the company expanding its manufactring segments into e-mobility for 3-wheeler electric autos and e-trucks.

Olectra Greentech Share Price Target 2023, 2024, 2025, 2026, and 2030

YearsFirst TargetSecond Target
[2023]Rs. 1800Rs. 1900
[2024]Rs. 2700Rs. 2750
[2025]Rs. 3800Rs. 4000
[2026]Rs. 5200Rs. 5300
[2030]Rs. 9000Rs. 9500

Conclusion

Olectra Greentech Limtied has delivred excellent results over the period of time, and the compnay constantly improving its market share in the past. As well as it has a strong balace sheet which help to stable revenue growth by the future.

If the market keep evolving this small-cap EV stocks can be a more profitable to investors for the next couple of years.

Note: This article is only for reference purposes and the target vlaues mentioned here may differs as per the current market conditions. So, before investing make sure to analyse with the current market conditios and seek with your financial advisor.

Olectra Greentech Share Price Target FAQ

What is the share price target of Olectra Greentech by 2025?

The target price of Olectra Greentech by 2025 is expected between Rs. 3800-4000.

What is the share price target of Olectra Greentech by 2030?

As per the technical analysis of Olectra Greentech the company’s share price target by 2030 is Rs. 9000.

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