Hello friends, we’ll like to explain Olectra Greentech share price target, key financial analysis, fundamental and product demand.
We’ll explore Olectra Greentech business strategy and its future growth prospect. Evaluating the company’s business, fundamentals, and financial stability will give us more insight into its future growth potential.
We sincerely look into the EV bus global market trend, its competitor, and sectoral growth perspective, which can affect its share value in the future. The segment, In which the company works is very lucrative and demanding.
Let’s discover all business aspects of Olectra Greentech share price target 2024,2025,2026,2027 and 2030.
Olectra Greentech share Price Target 2023, 2024, 2025, 2026, 2027,2030
About Olectra Greentech Ltd
Olectra Greentech, Established in 1992 and incorporated in 2000. The company is basically known for it’s manufacturing of electric buses and composite polymer Insulators. It entered in the new segment of Hydrogen buses in a technical partnership with Reliance.
Olectra Greentech is engaged in highly growing segment and manufacture electric buses ,maintenance and composite polymer insulators. The company is set to benefits from government strategy to bost the electric vehicles industries.
PLI scheme gives a booster dose for EV sector companies and it is eligible for PLI scheme to get benefited from the government plan.
The company has developed an ecosystem by establishing its charging station business.The company has strong presence in the electric bus segments.
The market cap of the company is Rs 13081cr. The company is very small in size. It can able to generate a higher return in the upcoming days, but it is looking very risky. Therefore, the risk-reward ratio is very high.
Fundamental of Olectra Greentech
| Market Cap | 13,081 crore |
| RoC | 8.11 |
| RoCE | 13.3 |
| Stock PE | 174 |
| Industry PE | 29.3 |
| EPS | 11 |
| Book Value | 106 |
| Debt to Equity | 0.15 |
| Dividend Yield | 0.02 |
| Face Value | 4.0 |
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