Will OLECTRA GREENTECH SHARE
take over the stock market?
Electronic bus manufacturing company Olectra Greentech Share has shot up almost 50% over the past month. Even though a shift towards electric mobility is happening at a rapid pace. The movement is somewhat gradual for large vehicles like buses and trucks. As a part of its mission, Olectra take up its growth path into new-age green technology. This will keep up the rise in the stock price of Olectra Greentech Share this year.
A Small Cap business with a market cap of Rs 11,275.02 crore, Olectra Greentech Ltd. was founded in 2000 and operates in the Electric or Electronics industry.
The Olectra Greentech Ltd. is a revolution in the production of electric buses and insulators in India. Through this attempt, OGL has contributed to the development of india’s power transmission and distribution systems. Olectra Greentech Share has Olectra’s vision to support the environment. This leads to a new phase in developing Innovative solutions for society.
Let's have an Overview
For the year ending March 31, 2022, the sale of services and other operating revenue are among the primary products and or revenue split up for Olectra Greentech Ltd. This has also led to a hike in Olectra Greentech Share.
Total income for the three months ending March 31, 2023, was Rs. 376.44 crore, up 46.16% from the same period a year ago, it was Rs. 257.56 crore, and up 37.15% from the same period last year, it was Rs. 274.47 crore. The business declared a net profit after tax of Rs. 26.08 crore for the most recent quarter.
The stock price target for Olectra Greentech Share OLECTRA is 1247.8 on the downside and 1413.8 on the upside. Quarterly financials Olectra Greentech of March 2023, revenue is 375.91Cr, Net income is 27.01Cr, Diluted EPS is 3.29 and Net profit margin is 7.18%
Flagship electric buses designed for India with extreme performance and are best suitable for metro feeders, heavy traffic congestions, and Staff transportation.
About Olectra Greentech
A firm with its headquarters in India, Olectra Greentech Limited produces composite polymer insulators and electrical buses and is listed in NSE/BSE as Olectra Greentech Share. The Insulator division and the e-bus division are the two parts through which the company conducts business. Electric buses and power insulators are among its key offerings. To meet the needs of the final consumer, it has created a number of bus models. It runs K9 buses, which are 12-meter buses, K7 buses, 9-meter buses, and K6 buses, all of which have configurable seating capacities and are built for long-distance operations.
Olectra Greentech Limited
It has made use of 49-seater, 12-meter C9 buses that are suited for long-distance and intercity travel as part of Puri Bus Service. It has made use of 49-seater and 12-meter C9 buses that are suited for long-distance and intercity travel as part of Puri Bus Service. Its other bus models include the CX2 Electric Coach Bus, iX Electric Bus, and Electric Bus v2 types. It provides a range of composite transmission and distribution insulators. In India, the company runs more than 1000 electric buses.
Although, Olectra Greentech Ltd. is rated 3.2 out of 5, based on 138 reviews of employees on AmbitionBox. Skill development, which is regarded at the top and given a rating of 3.2 by Olectra Greentech, is well-known. The lowest rating, a 2.8, is given to company culture.
Olectra Greentech Ltd.’s quote is equal to 1362.100 INR on 2023-07-13. Based on the forecasts, a long-term profit is expected, in the share price of “Olectra Greentech Share” for 2028-07-07 is 1735.204 INR. With a 5-year investment, the revenue is expected to be around +27.39%.
The Share Price of Olectra Greentech Stock Forecast, “532439” Share Price Prediction Charts Is “Olectra Greentech Ltd.” a Good Investment? Current price today: â–²1372.500 INR (+0.764%)
Olectra Greentech Share Market info
Recommendations: Buy or sell Olectra Greentech stock? Mumbai Stock Market & Finance report, prediction for the future: You’ll find the Olectra Greentech Share forecasts, stock quotes, and buy/sell signals below. According to present data, Olectra Greentech’s Olectra Greentech Ltd. Shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Stocks in the Other Manufacturing sector(s) have recently popular, according to a current trend.
Investment
The Olectra Greentech Ltd. shares are a smart investment if you want to make money, according to our AI stock analyst, who predicts a favorable trend in the near future. Since this share has a positive outlook we recommend it as a part of your portfolio.
Trading in bull markets is always easier so you might want to favor these shares under the given circumstances, but always read up on optimal investment strategies if you are new to investing. If you are good with personal finance and are looking to invest, you will find Olectra Greentech on the BSE LTD stock exchange. If you want to learn more about Olectra Greentech Share visit their website at https://olectra.com/
What's the Future of
For forecasts and price predictions for Olectra Greentech Share, you can also refer Wallet Investor, which gives predicts the share prices of months as well as years too. Wallet Investor’s has the price forecasts for 2023, 2024, 2025, 2026, 2027, and 2028 for Olectra Greentech Share.
Also, the Olectra Greentech Ltd forecast for the upcoming days
Date Price Min Price Max Price
2023-07-18 1432.797 1318.566 1546.161
Know Olectra Greentech Share?
The largest pure electric bus manufacturer in India, Olectra Greentech Limited (Olectra), has operations in Hyderabad. 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.
All-electric bus models have been created and deployed in India by Olectra Greentech Limited, which is the nation’s first electric bus manufacturer. After seizing the lead in the commercial run of electric buses, the business is now expanding its product line in the e-mobility industry to include electric trucks and electric tippers.
Currently trading on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), Olectra Greentech Share and OGL is a publicly traded corporation. OGL has received ISO-9001:2008 certification, and the Department of Scientific and Industrial Research of the Government of India has approved the R & D facility.
Our Vision
By providing a secure, comfortable commute, we hope to bring people back together through a futuristic mode of transportation. We also want to be a prominent participant in the electric vehicle market.
Our Mission
At Olectra, we aim to create, develop, support, and strive to protect the environment through our e-buses, e-LCVs, and allied products. To safeguard the interests of our stakeholders and become the global leader in the electric vehicles industry.
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