Olectra Greentech Share Price Target 2024, 2025, 2030, 2040, 2050
Olectra Greentech Ltd. (NSE: OLECTRA) is a prominent Indian electric vehicle (EV) manufacturer of electric buses and other commercial EVs. Investors are closely monitoring Olectra’s progress as sustainable mobility solutions gain popularity.
The article evaluates Olectra Greentech’s share price projections for 2024, 2025, 2030, 2040, and 2050 using fundamental analysis and market trends.
What is Olectra Greentech Ltd (NSE: OLECTRA)?
Contents
- 1 What is Olectra Greentech Ltd (NSE: OLECTRA)?
- 2 Olectra Greentech Share Price Target 2024
- 3 Olectra Greentech Share Price Target 2025
- 4 Olectra Greentech Share Price Target 2030
- 5 Share Price Target 2040
- 6 Share Price Target 2050
- 7 Should I buy Olectra Greentech stock?
- 8 Olectra Greentech Ltd Earning Results
- 9 Expert Forecasts on the Future of Olectra Greentech Ltd
- 10 Is Olectra Greentech stock good to buy?
- 11 Conclusion
- 12 FAQs
Olectra Greentech, originally Goldstone Infratech, is an Indian electric transportation pioneer based in Hyderabad. Established in 2000, It pioneered electric bus research and manufacturing in India. BYD Auto Industry Company Ltd., a worldwide leader in electric cars and batteries, is a key technological partner.
Fundamental Table
| Metric | Value |
| Market Cap | ₹14,409 Crore |
| P/E Ratio | 187.55 |
| EPS (TTM) | ₹9.36 |
| Dividend Yield | 0.02% |
| ROCE | 14.8% |
| Debt to Equity | 0.13 |
| Promoter Holding | 50.02% |
Olectra Greentech might profit from India’s 2024 electric car market. A strong order book and rising manufacturing capacity bode well for the company’s near-term prospects. Government attempts to promote EV adoption should enhance Olectra’s sales.
| Year | Minimum Price | Maximum Price |
| 2024 | ₹1300 | ₹2000 |
Our estimate suggests that Olectra Greentech’s share price objective for 2024 will range from ₹1300 to ₹2000.
| Month | Minimum Price | Maximum Price |
| January 2024 | ₹1300 | ₹1800 |
| February 2024 | ₹1700 | ₹2200 |
| March 2024 | ₹1700 | ₹1900 |
| April 2024 | ₹1700 | ₹1950 |
| May 2024 | ₹1600 | ₹1850 |
| June 2024 | ₹1600 | ₹1900 |
| July 2024 | ₹1700 | ₹1950 |
| August 2024 | ₹1500 | ₹1700 |
| September 2024 | ₹1440 | ₹1900 |
| October 2024 | ₹1400 | ₹1950 |
| November 2024 | ₹1300 | ₹1800 |
| December 2024 | ₹1350 | ₹2000 |
Olectra Greentech should have greatly increased production and market share by 2025. The company’s technical innovation and product variety should pay off. Increasing environmental concerns and supporting government regulations may boost electric vehicle usage.
| Year | Minimum Price | Maximum Price |
| 2025 | ₹1400 | ₹2900 |
Our study predicts a 2025 share price objective of ₹1400 to ₹2900 for Olectra Greentech.
| Month | Minimum Price | Maximum Price |
| January 2025 | ₹1400 | ₹2100 |
| February 2025 | ₹1420 | ₹2200 |
| March 2025 | ₹1440 | ₹2250 |
| April 2025 | ₹1460 | ₹2300 |
| May 2025 | ₹1500 | ₹2400 |
| June 2025 | ₹1500 | ₹2500 |
| July 2025 | ₹1550 | ₹2600 |
| August 2025 | ₹1600 | ₹2700 |
| September 2025 | ₹1650 | ₹2650 |
| October 2025 | ₹1680 | ₹2750 |
| November 2025 | ₹1700 | ₹2800 |
| December 2025 | ₹1720 | ₹2900 |
Indian electric car ecosystem leader Olectra Greentech will emerge by 2030. The company’s early mover advantage and R&D emphasis should strengthen its market position. As EV adoption peaks, Olectra’s comprehensive product portfolio should meet many transportation demands.
| Year | Minimum Price | Maximum Price |
| 2030 | ₹9,130 | ₹12,340 |
We estimate Olectra Greentech share price to reach between ₹9,130 and ₹12,340 by 2030.
| Month | Minimum Price | Maximum Price |
| January 2030 | ₹9,130 | ₹9,500 |
| February 2030 | ₹9,500 | ₹9,800 |
| March 2030 | ₹9,800 | ₹10,100 |
| April 2030 | ₹10,100 | ₹10,400 |
| May 2030 | ₹10,400 | ₹10,700 |
| June 2030 | ₹10,700 | ₹11,000 |
| July 2030 | ₹11,000 | ₹11,300 |
| August 2030 | ₹11,300 | ₹11,600 |
| September 2030 | ₹11,600 | ₹11,800 |
| October 2030 | ₹11,800 | ₹12,000 |
| November 2030 | ₹12,000 | ₹12,200 |
| December 2030 | ₹12,200 | ₹12,340 |
Olectra Greentech is expected to dominate electric transportation solutions worldwide by 2040. The company’s long-term technological and infrastructure expenditures should pay off. As electric cars become common, Olectra’s market share and brand value should rise.
| Year | Minimum Price | Maximum Price |
| 2040 | ₹25,000 | ₹35,000 |
We predict a share price objective of ₹25,000 to ₹35,000 for Olectra Greentech in 2040.
| Month | Minimum Price | Maximum Price |
| January 2040 | ₹25,000 | ₹26,000 |
| February 2040 | ₹26,000 | ₹27,000 |
| March 2040 | ₹27,000 | ₹28,000 |
| April 2040 | ₹28,000 | ₹29,000 |
| May 2040 | ₹29,000 | ₹30,000 |
| June 2040 | ₹30,000 | ₹31,000 |
| July 2040 | ₹31,000 | ₹32,000 |
| August 2040 | ₹32,000 | ₹33,000 |
| September 2040 | ₹33,000 | ₹33,500 |
| October 2040 | ₹33,500 | ₹34,000 |
| November 2040 | ₹34,000 | ₹34,500 |
| December 2040 | ₹34,500 | ₹35,000 |
Share price projections for 2050 are very speculative. The transportation scene may have changed drastically by then. Olectra Greentech’s success depends on its adaptability to new technology and market factors. We should predict tremendous value increase if the firm stays inventive and develops globally.
| Year | Minimum Price | Maximum Price |
| 2050 | ₹50,000 | ₹70,000 |
We predict an Olectra Greentech share price goal of ₹50,000 to ₹70,000 by 2050.
| Month | Minimum Price | Maximum Price |
| January 2050 | ₹50,000 | ₹52,000 |
| February 2050 | ₹52,000 | ₹54,000 |
| March 2050 | ₹54,000 | ₹56,000 |
| April 2050 | ₹56,000 | ₹58,000 |
| May 2050 | ₹58,000 | ₹60,000 |
| June 2050 | ₹60,000 | ₹62,000 |
| July 2050 | ₹62,000 | ₹64,000 |
| August 2050 | ₹64,000 | ₹66,000 |
| September 2050 | ₹66,000 | ₹67,000 |
| October 2050 | ₹67,000 | ₹68,000 |
| November 2050 | ₹68,000 | ₹69,000 |
| December 2050 | ₹69,000 | ₹70,000 |
Should I buy Olectra Greentech stock?
| Year | Minimum Price | Maximum Price |
| 2024 | ₹1300 | ₹2000 |
| 2025 | ₹1400 | ₹4,430 |
| 2030 | ₹9,130 | ₹12,340 |
| 2040 | ₹25,000 | ₹35,000 |
| 2050 | ₹50,000 | ₹70,000 |
Olectra Greentech stock investment has pros and cons. The firm has grown sales 42% and profit 87.64% during the previous three years. Its high P/E ratio of 158.54 and poor ROE of 8.76% are concerns. Though its stock price has fallen, it remains a major electric bus and composite insulator player. Investors should balance the company’s high valuation and financial indicators with its growth prospects. Given market circumstances and risk tolerance, be careful.
Olectra Greentech Ltd Earning Results
In the latest quarterly results, Olectra Greentech reported:
- Revenue growth of 21.32% year-over-year
- Improved EBITDA margins
- Strong order book position
- Expansion of production capacity
- Diversification into new EV segments like electric trucks
| Metric | Value |
| Total Revenue | ₹11.5 Billion |
| Cost of Revenue | ₹8.3 Billion |
| Gross Profit | ₹3.2 Billion |
| Operating Income | ₹1.3 Billion |
| Net Income | ₹768.3 Million |
| Market Capitalization | ₹13,201.87 Crore |
| P/E Ratio | 158.54 |
| ROE | 8.76% |
| Dividend Yield | 0.02% |
| 52-Week High/Low | ₹2,221.95 / ₹1,018 |
Expert Forecasts on the Future of Olectra Greentech Ltd
Industry analysts expect Olectra Greentech to succeed, stating:
- India’s high EV adoption goals provide a favorable market.
- The firm prioritizes innovation and product development.
- Possible profit growth as manufacturing grows.
- Foreign market growth opportunities
- Growing investor interest in renewable energy and sustainable transportation firms
Is Olectra Greentech stock good to buy?
Bull Case:
- Emerging EV market with high growth potential and government assistance for renewable energy and electric transportation.
- Technological expertise and strategic alliances
- First-mover advantage in Indian electric buses
- Expanding into trucks and tippers with EVs
Bear Case:
- Superior value metrics vs industry averages
- EV competition may intensify as more players arrive.
- Dependence on government subsidies and policies
- Automotive technology disruptions
- Possible EV component supply chain issues
Conclusion
In the electric car industry, Olectra Greentech is an appealing investment. Strong market position, technical knowledge, and increasing product portfolio equip the firm for growth. However, investors should consider the fast-changing EV industry’s high value and hazards. Before investing, you must study and analyze your financial objectives.
