In this discussion, we will discuss the Olectra share price target 2025 โ 2050 and potential for future growth. We will better understand the companyโs business, fundamentals, financial health, and future prospects.
We carefully examine the global market trend for Olectra Greentech, its rivals, and the sectorโsย growth outlook that may impact its future share price. The industry in which the company operates is both very profitable and competitive.
About Olectra Greentech Limited Company
Olectra Greentech was founded in 2000. The companyโs main businesses are the production of composite polymer Insulators and electric buses.
By forming a technical alliance with Reliance, the company enters the emerging market for hydrogen buses. One of the top producers of electric buses is Olectra Greentech. Electric vehicles are supported by the Indian governmentย PLI plan is a segment game-changer.
By constructing its charging station, the business is thus contributing to the creation of an ecosystem. The business appears to have very strong fundamentals.
The company has a market value of Rs. 11,184ย crores. The business is quite small. Although the company can produce a bigger return, it is extremely dangerous. The risk-reward ratio is therefore very high.
Olectra Greentech Limited Company Overview
| Company Name | Olectra Greentech Limited |
| Share/Stock Price | โน 1,805.20 (03 June 2023) |
| Founded | 2000 |
| Official website | www.olectra.com |
| Head Quarter | Hyderabad, India |
| 52 Week Low/High | โน 738.00/โน 2,221.95 |
| NSE/BSE Symbol | OLECTRA |
Also Read: Top 10 highest dividend paying stocks in India for 2023
Table of Olectra Share Price Target
| Target Year | 1stย Target | 2ndย Target |
| 2024 | โนย 2,500 | โน 3,200 |
| 2025 | โน 3,000 | โน 4,000 |
| 2026 | โน 3,800 | โน 5,300 |
| 2027 | โน 5,000 | โน 6,500 |
| 2028 | โน 6,300 | โน 8,000 |
| 2029 | โน 7,700 | โนย 9,700 |
| 2030 | โน 9,300 | โน 11,500 |
| 2035 | โน 17,500 | โน 18,500 |
| 2040 | โนย 22,000 | โน 25,500 |
| 2050 | โน 50,000 | โน 55,000 |
Olectra Share Price Target 2024
Fundamentally, Olectra Greentech Company is a really good business.ย The company owes Rs 134 crores in debt, which the management is actively working to pay off.
The business also has an 800 crore rupee cash reserve to offset this debt.ย Considering everything mentioned above, we can state that this business is debt-free.
Olectra share price target 2024ย is as follows โ
| Target Year | 1stย Target | 2ndย Target |
| 2024 | โน 2,500 | โน 3,200 |
Also Read: Benefits of Investing in Dividend Stocks for Financial Freedom 2023
Olectra Share Price Target 2025
The Indian stock market experienced fast growth. As a result, the Indian stock market is now visible moving together with the global stock market, whether it is up or down.
The company has a very strong business concept that has the potential to succeed in the future. The State Road Transport Corporation has recently placed orders with the industry for wealthy buses costing Rs 10,000 crore.
Olectra share price target 2025ย is as follows โ
| Target Year | 1stย Target | 2ndย Target |
| 2025 | โน 3,000 | โน 4,000 |
Olectra Share Price Target 2026
Indiaโs top company in the Polymer Insulator industry is Olectra Greentech.ย The EV Bus segment accounts for 63% of the companyโs total revenue, while the Polymer Insulator segment generates 37% of it.
In addition, the corporation appears to be engaged in the construction of EV charging infrastructure.
The company is currently unable to do particularly well in this market, but in the future, it will also be shown to perform well in this market.
Olectra share price target 2026ย is as follows โ
| Target Year | 1stย Target | 2ndย Target |
| 2026 | โน 3,800 | โน 5,300 |
Also Read:ย Nazara Technologies Share Price Target 2023, 2024, 2025, 2026, 2030, 2040, 2050
Olectra Share Price Target 2027
Olectraย Greentechโsย businessย aims to produce 1,000 electric buses annually in the future. Future developments will show the corporation excelling in electric buses, charging stations, and polymer insulators.
The business appears to be in good shape right now, and it has no debt of any type. As a result, the company wonโt experience any problems while working on its new project.
Olectra share price target 2027ย is as follows โ
| Target Year | 1stย Target | 2ndย Target |
| 2027 | โน 5,000 | โน 6,500 |
Olectra Share Price Target 2030
Although Olectra Greentech is a fundamentally sound business, only two or three major clients account for 50% of its overall revenue.
There will be a difference in the companyโs revenue if the agreement with a customer is cancelled in the future.ย However, India will be observed making significant progress in the electronic vehicle market by the year 2030.
Olectra share price target 2030ย is as follows โ
| Target Year | 1stย Target | 2ndย Target |
| 2030 | โน 9,300 | โน 11,500 |
Also Read: Trident Share Price Target 2023, 2024, 2025, 2026, 2030, 2040, 2050
Future of Olectra Greentech Limited Share
An organization that works in the renewable energy and electric vehicle (EV) industries is called Olectra Greentech Limited.
Government regulations, technological breakthroughs, consumer demand for electric vehicles, competition, and general market circumstances are just a few of the variables that may have an impact on Olectra Greentechโs future and that of other businesses in the EV sector.
For businesses like Olectra Greentech, the increasing global focus on clean and sustainable energy solutions, including a move towards electric vehicles, may create business prospects.
The performance and success of any organization, however, depend on a variety of factors, including successful business plans, sound financial management, innovation, and market dynamics.
If you are considering investing in Olectra Greentech or any other company, it is wise to do your homework, assess the companyโs financial standing, assess its competitive position, and take into account the general market trends and the industryโs long-term prospects.
A financial advisor or other expert can also offer insightful advice that is specifically catered to your investing objectives and risk tolerance.
Also Read:ย Gujarat Fluorochemicals Share Price Target 2023, 2024, 2025, 2030, 2040, 2050
Risk of Olectra Greentech Limited Share
Any investment, including one in Olectra Greentech Limited, carries some risk. The following are some possible hazards that could affect Olectra Greentech or any business engaged in the electric vehicle and renewable energy industries:
- Market and Regulatory Risks: Olectra Greentechโs business prospects may be severely impacted by changes in government policies, rules, or subsidies relating to the electric vehicle or renewable energy sectors. Risks can also be posed by market factors including changes in consumer preferences, competition, or economic downturns.
- Technology risks: The electric car market is rapidly changing, and businesses like Olectra Greentech depend on technological progress to be successful. The companyโs competitive position and market share may be impacted by the risk of technical disruption, such as the introduction of new battery technology or more effective charging infrastructure.
- Financial Risks: Olectra Greentechโs capacity to grow operations, make investments in R&D, and fulfill its debt commitments may be impacted by its financial performance, including revenue growth, profitability, and cash flow. Risks to the corporation can come from high levels of debt, restricted access to money, or poor financial management.
- Operational hazards: There are operational hazards in any industry that relies heavily on infrastructure or manufacturing. Inability to scale up production to meet demand is one of these, as are manufacturing delays, quality control problems, and supply chain interruptions.
- Competition: Competition is on the rise in the renewable energy and electric vehicle industries. Competition for Olectra Greentech comes from both well-known automakers and other young businesses. The companyโs long-term success will be influenced by its capacity to innovate, differentiate its products, and keep a competitive edge.
Also Read:ย IRCON Share Price Target 2023, 2024, 2025, 2026, 2030 for Good returns
F.A.Q: People also ask โ
Is Olectra an Indian company?
The first electric bus manufacturer in India, Olectra, has produced and used all electric bus models there. The company is expanding its product line in the e-mobility sector to include electric trucks and electric tippers after taking the lead in the commercial run of electric buses.
Which company does Olectra belong to?
Olectra belong to Megha Engineering & Infrastructure Limited
Is Olectra Greentech a good buy?
For the past three years, the company has seen a solid profit growth of 66.67%. For the past three years, the company has experienced solid sales growth of 26.34%. The business is almost debt-free. PEG ratio for the company is 0.83.
Also Read:ย IOC Share Price | IOC Share Price Target 2023 2024 2025 2030
Conclusion
Olectra Greentech Limited is a company operating in the renewable energy and electric vehicle industries. It has shown strong growth potential in recent years, particularly in the electric bus segment.
The companyโs fundamentals appear to be solid, with growing revenue and profitability. The Indian governmentโs support for electric vehicles and the companyโs involvement in charging infrastructure are positive factors for its future prospects.
However, investing in Olectra Greentech carries risks, such as market and regulatory uncertainties, technological disruptions, financial challenges, operational issues, and competition.
Investors should conduct their own research, consider the companyโs financial health and competitive position, and analyze market trends before making any investment decisions.
Consulting a financial advisor is advisable for personalized guidance based on individual objectives and risk tolerance.
