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Olectra Greentech Ltd Share Price (OLECTRA)

₹1211.651.61%

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Overview
Fundamentals
Q2 '23 Results
Technicals
News and Events

Overview of Olectra Greentech Ltd

Key events for Olectra Greentech Ltd

  • Olectra Greentech Plans to Double Yearly Output, Raise Rs 800 Crore - 06 Dec, 2023

    Olectra Greentech plans to double its yearly output of electric buses and raise Rs 800 crore for charging infrastructure and maintenance. The company has an in-hand order book of Rs 8,209 crore as of September 2023.

  • Olectra Greentech Ltd Among Entrants to Billion Dollar Club - 27 Nov, 2023

    Olectra Greentech Ltd is among the companies that have entered the billion-dollar club, along with Responsive Industries Ltd, DB Realty Ltd, and others.

  • Olectra Greentech Delivers 10 Electric Buses to BEST Undertaking - 23 Nov, 2023

    Hyderabad-based Olectra Greentech has delivered 10 single-decker electric buses to the Brihanmumbai Electric Supply and Transport (BEST) undertaking as part of an agreement to supply 2,100 single-decker buses on a wet lease model.

  • Mixed News for Olectra Greentech Ltd - 21 Nov, 2023

    Olectra Greentech's debt increased to Rs 1.31 billion, but it has cash and receivables worth Rs 1.77 billion and reduced EBIT. Gaurang Shah recommends investing in the company with a target price of Rs 1,350.

  • Olectra Greentech Ltd Stock Jumps 8.26% - 20 Nov, 2023

    Shares of Olectra Greentech Ltd rose by 8.26% to settle at Rs 1,294.65 on Monday, resuming their upward move after a single-day halt. The stock has gained 149.91% YTD and the electric bus maker's order book continues to be strong.

  • Olectra Greentech's E-Bus Order Book Continues to Swell - 19 Nov, 2023

    Olectra Greentech Ltd's e-bus order book stands at 8,209 units as of September 30, 2023. The company is set to deliver 9,000 electric buses in the next 12-24 months and is working towards its new Greenfield EV manufacturing facility with an annual capacity outlay of 5,000 vehicles.

  • Olectra Greentech's Stock Surges by 141% in 2023 - 18 Nov, 2023

    India's largest pure electric bus manufacturer, Olectra Greentech Ltd, has received large orders from various STUs and currently holds 9,000 electric bus orders to be delivered in the next 12-24 months. The company is well-positioned to benefit from the increasing adoption of EVs.

  • Olectra Greentech Ltd Bags Rs 10,000 Crore Order for Electric Buses - 13 Nov, 2023

    Maharashtra State Transport Corporation has placed a Rs 10,000-crore order with Olectra Greentech Ltd for electric buses.

  • Olectra Greentech Ltd Surges 110% in One Year - 10 Nov, 2023

    Olectra Greentech Ltd experienced a remarkable 110% surge over the past year, driven by significant order wins.

Analyst Rating for Olectra Greentech Ltd stock

based on 1 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 1 analysts offering long term price targets for Olectra Greentech Ltd. An average target of ₹1351

Source: S&P Global Market Intelligence

Olectra Greentech Ltd share Performance

  • ₹1177.45
    ₹1235
    ₹1211.65
    downward going graph

    2.82%

    Downside

    Day's Volatility:4.75%

    Upside

    1.93%

    downward going graph
  • ₹374.1
    ₹1465
    ₹1211.65
    downward going graph

    69.12%

    Downside

    52 Weeks Volatility:90.03%

    Upside

    20.91%

    downward going graph
1 Month Return0.64 %
3 Month Return-3.23 %
1 Year Return140.45 %
Previous Close₹1,192.40
Open₹1,198.60
Volume7.42L
Market Cap₹9,787.31Cr

Olectra Greentech Ltd Company Information

Olectra Greentech Limited (formerly Goldstone Infratech), is an Indian manufacturing company mainly engaged in the production of composite polymer insulators and electrical buses. In the Financial Year 200708, Goldstone Teleservices Ltd was renamed Goldstone Infratech, Ltd and underwent a restructuring. In 2009, new companies merged with GIL in accordance with an approved scheme from the Hon'ble High Court of Andhra Pradesh. During the same year, the company invested Rs 6 crores in TF Solar Power Pvt Ltd, and had to further invest Rs 1 lac in the same company in2010. During FY201213, GIL developed Cross Arm Insulators and Horizontal Line Post Insulators which paved way for their import substitution in India. The name of the company was changed to Olectra Greentech in July 2018, to reflect their current focus and activities. Since then, the company has successfully raised funds through preferential equity issuance (14.1 million equity shares at Rs.80.10 per share including a premium of Rs.76.10) and non-convertible warrants (54 lakh shares at Rs.4). A further two subsidiaries (Evey Trans Pvt Ltd and OHA Commute Pvt Ltd) were formed in 2018. GGL has secured its subsidiaries in 2021, being a 51-savings partner in Evey Trans GTC Pvt Ltd.

Share Price: ₹1211.65 per share as on 06 Dec, 2023 04:01 PM
Market Capitalisation: ₹9,787.31Cr as of today
Revenue: ₹311.68Cr as on September 2023 (Q3 23)
Net Profit: ₹18.06Cr as on September 2023 (Q3 23)
Listing date: 20 Mar, 2002
Chairperson Name: VENKATESWARA PRADEEP KARUMURU
OrganisationOlectra Greentech Ltd
Headquarters
IndustryAutomobile
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Fundamentals of Olectra Greentech Ltd

Insights on Olectra Greentech Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, OLECTRA has outperformed top 5 stocks with highest market-cap in Electrical Components & Equipment

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, OLECTRA stock has moved up by 140.5%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.06% to 0.08% in Sep 2023 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, OLECTRA has outperformed top 5 stocks with highest market-cap in Electrical Components & Equipment

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 41.33% to 41.84% in Sep 2023 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 217.22 Cr → 311.68 Cr (in ₹), with an average increase of 30.3% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 50.02% of holdings in Sep 2023 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 8.55% to 8.01% in Sep 2023 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 27.01 Cr → 18.06 Cr (in ₹), with an average decrease of 16.6% per quarter

Olectra Greentech Ltd Valuation

Olectra Greentech Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-895.71x)

November 12, 2018

Industry (42.91x)

December 5, 2023

Today (126.31x)

December 5, 2023

Highest (425.37x)

December 16, 2021

LowHigh

Olectra Greentech Ltd Mutual Fund Holdings

Funds Holdings
Nippon India Nifty Smallcap 250 Index Fund Dir GrNippon India Nifty Smallcap 250 Index Fund Dir Gr0.39%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Smallcap 250 Index Fund Direct Growth0.39%
SBI Nifty Smallcap 250 Index Fund Direct GrowthSBI Nifty Smallcap 250 Index Fund Direct Growth0.39%
ICICI Prudential Nifty Smallcap 250 Index Fund Direct GrowthICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth0.39%
HDFC Nifty Smallcap 250 Index Fund Direct GrowthHDFC Nifty Smallcap 250 Index Fund Direct Growth0.39%

Olectra Greentech Ltd Shareholding Pattern

InvestorsHoldings %Prev. 3 periods3M change
Promoter Holdings
50.02%
0.00
Foreign Institutions
8.01%
-6.23
Mutual Funds
0.08%
20.55
Retail Investors
41.84%
1.23
Others
0.06%
22.54

Technicals of Olectra Greentech Ltd share

News & Events of Olectra Greentech Ltd

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Olectra Greentech Ltd (OLECTRA) share price today is ₹1211.65

Olectra Greentech Ltd is listed on NSE

Olectra Greentech Ltd is listed on BSE

  • Today’s highest price of Olectra Greentech Ltd is ₹1235.
  • Today’s lowest price of Olectra Greentech Ltd is ₹1177.45.

PE Ratio of Olectra Greentech Ltd is 126.31

PE ratio = Olectra Greentech Ltd Market price per share / Olectra Greentech Ltd Earnings per share

Today’s traded volume of Olectra Greentech Ltd(OLECTRA) is 7.42L.

Today’s market capitalisation of Olectra Greentech Ltd(OLECTRA) is ₹9787.31Cr.

Olectra Greentech Ltd(OLECTRAPrice
52 Week High
₹1465
52 Week Low
₹374.1

Olectra Greentech Ltd(OLECTRA) share price is ₹1211.65. It is down -17.29% from its 52 Week High price of ₹1465

Olectra Greentech Ltd(OLECTRA) share price is ₹1211.65. It is up 223.88% from its 52 Week Low price of ₹374.1

Olectra Greentech Ltd(OLECTRAReturns
1 Day Returns
19.25%
1 Month Returns
0.64%
3 Month Returns
-3.23%
1 Year Returns
140.45%