Olectra Greentech Share Price Target 2023, 2024, 2025, 2026, 2030 – Stock Analysis

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Olectra Greentech Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) Olectra Greentech Fundamentals, financial trends and more

If you have come to know the about share price target of Olectra Greentech then you have come to the right place.

Hello friends, I am Sachin, and in this blog we are going to talk about Olectra Greentech. So especially today we are going to talk about Olectra Greentech share price target.

First of all, before we understand the share price target of this company, we will see the fundamentals of this company. After that, after understanding which sector Olectra Greentech is related to and what are the income sources, we will understand Olectra share price target closely.

In this article, we will know only upto Olectra Greentech share price target 2030, which will be predicted by its fundamentals and technical analysis. Knowing the share price target is important because it gives us an idea of how much the price of this share may increase in the future. So stay tuned till the end of this article.

About Olectra Greentech

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

Olectra Greentech is one of the penny stocks with a market capitalization of less than 5000 crores. This company is engaged in manufacturing and trading of various composite polymer insulators and electrical buses. Olectra Greentech was established on 2000 and currently the company’s headquarters are located in india. The current Managing Director of this company Mr. Venketeshwara karumuru.

So let’s talk about its share, the market cap of this company’s share is now 4,532 crores. As we told you in the beginning, this is a small cap company. So this stock can give you multibagger returns but it is also very risky because its a penny stocks. Whether you want to invest money in the shares of Olectra Greentech or not, you can find out from the details mentioned in this article. So let us first look at the fundamentals of this company, after that we will talk about the financial trends.

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Fundamentals of Olectra Greentech

Market Cap₹8,881 Cr
EPS7.99
ROE8.11%
P/E Ratio 113.74
Dividend Yield 0.04%
Book Value 102.31
Debt to Equity0.16
As of published date

Financial Trends of Olectra Greentech

Financial Trends of Olectra Greentech

If we talk about the revenue and profit of Olectra Greentech then –

Its revenue in 2019 has been ₹ 170 crore and profit is ₹ -15.81 crore. There was a revenue of ₹ 201 crore in 2020 and a profit of ₹ 13.53 crore. In the same 2021, there was a profit of ₹ 8.08 crore with a revenue of ₹ 281 crore. And this year i.e. in 2022 there has been a strong profit of 35.35 crores with a revenue of 593 crores.

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

Year Olectra Greentech Share Price Target
2023₹600 – ₹614
2024₹696 – ₹740
2025₹860 – ₹868
2026₹988 – ₹1030
2027₹1350 – ₹1390
2028₹1580 – ₹1678
2029₹1900 – ₹2170
2030₹2300 – ₹2500
Predicted Price

Olectra Greentech Share Price Target 2023

Since, Olectra Greentech is a fundamentally strong company whose share price has a lot of upside potential in the future. This company has given a return of 191% in the last five year, which is much more than the FD return and bank interest. Accordingly, we will see the first Olectra Greentech share price target of 2023 of INR 600 and the second target of INR 614.

Olectra Greentech Share Price Target 2024

As we can see the fundamentals of the company are almost good, of this, we are seeing the effect of this on the share price. But if the company improves more its fundamentals, then we can see a rise in the price of this stock. Not much growth can be seen in the share of Olectra Greentech in 2024. So keeping all this in mind, if we predict Olectra Greentech share price target 2024, then we can see it at INR 696 and another target can be seen for INR 740.

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Olectra Greentech Share Price Target 2025

As we can see the P/E Ratio of Olectra Greentech is 113.74 which is quite high. The company’s stock may also see a decline after a good rally. That’s if you invest money in this company’s stock then do only after thinking very carefully. Anyway, technical analysis is telling us that you can get good returns in 2025. So we will see the first Olectra Greentech share price target for 2025, of INR 860. And if this company hits this price then we will see another target of INR 868.

Olectra Greentech Share Price Target 2027

Due to the big deal of Reliance and Olectra, the share price of Olectra keeps going up. By this, Experts are speculating that Olectra Greentech Share Price Target 2027 can be INR 1350 and maximum target price can be INR 1390. For more details about Olectra Greentech Share, read further.

Olectra Greentech Share Price Target 2030

As we can see the profit, revenue, and net worth of Olectra Greentech are increasing. Which gives a very good signal for long term investment. From the chart we can see that the company has made huge profit in 2022, Olectra Greentech has made a profit of 35.35 crore, which is fine. If the company continues to grow like this, then we will see the first Olectra Greentech share price target 2030 of INR 2300. And if this company will maintain this momentum then we can see another target of INR 2500.

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Conclusion

We have tried to give you complete and detailed information about the Olectra Greentech Share Price Target 2023, 2024, 2025, 2026, 2030 in this article. Reading the above article will help you make a good decision about Olectra.

So friends, if you are investing in stocks only after seeing the share price target, then do not do this. Because there are many reasons behind the rise and fall of the Stock price. If you have any queries, please ask in the comment box we will try to solve your issue by providing a better solution.

FAQs

Is Olectra Greentech share good to buy for long term?

I think this Olectra can give very good profit in long run. As its business model is quite strong. And anyway in the future we will get to see very good growth in the this sector stock. But whether to invest money in it or not it completely depends on you.

What will Olectra Greentech stock be worth in 10 years?

If we talk to the technical aspects of Olectra Greentech company, then you will get to see this share price between INR 2800 to INR 3000, under 10 years.

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