Hello friends, welcome to our share price target. Here in this article, we are going to tell you about Olectra Greentech Share Price Target 2023,2025,2028,2030,2040. Along with the share price target, we are also going to give you basic and necessary information about the COMPANY.
If you are a If you are an investor then this article is going to be very informative for you as well as it will help you in taking decision to invest in the company. We hope you like our article and if you like our article then please rate it and share it with your friends. So let’s go in detail:-
Olectra Greentech Share Price Target 2023, 2025, 2028,2030,2040
We here at financesharetargets. in is going to give you approximate information about stock forecast, price forecast and target for 2023, 2025, 2028, 2030 and 2040. Please keep one thing in mind that this forecast, prediction or any target is only an estimate given by our analysis.
suggestion. It is almost impossible for any forecast/prediction to be correct. Errors are always present in any analysis, but we try our best to give you good price stock forecasts/predictions.
Olectra Greentech Share Price Target 2023
Olectra Greentech Limited is a leading company in manufacturing and providing electric bus insulators in India. And if we look at the share price of Olectra Greentech on NSE, in the last 6 months from September, the company has given a return of about 92.08%.
If we look at the returns of the last 5 years of the company, then the company has given a return of about 482.76%, which is very good. Is. In this way, the company has given good returns to its shareholders for a long time and is continuously moving towards growth.
And from the way continuous increase can be seen in the share price of the company, it can be estimated that the first target for Olectra Greentech Share Price Target 2023 can be achieved at ₹ 1250 and the second target can be achieved at ₹ 1400.
Olectra Greentech Share Price Target 2025
Olectra Greentech Ltd is a composite polymer insulator and electric bus segment company based in India. There has been an increase of about 8.69% in Net income and about 41.39% increase in Net profit margin.
Which are very good figures, and along with this, the company seems to be continuously moving towards its development. If we talk about the market cap of the company, then its market cap is approx.
9,829cr INR, and the company is a mid cap company, and this company has given a good return to its shareholders for a long time, the same company is continuously working to expand its market cap.
And the way the company seems to be working to increase its profits, it can be estimated that with its further development in the near future, the first target will be ₹1800 and the second target will be ₹1800 by 2025. Can be had at ₹2050.
Olectra Greentech Share Price Target 2028
The company is primarily engaged in the manufacturing of composite polymer insulators and manufacturing of electrical buses, making it India’s largest pure electric bus manufacturer. Olectra is also known as the first electric bus manufacturer in India, it is the first company to manufacture and provide all variants of electric buses in India.
The company provides environmentally responsible, premium electric vehicles to India’s diverse customer base. For this, the company is an ISO-9001:2008 certified company and its Research and Development Center has been approved by the Department of Scientific and Industrial Research, Government of India.
In this way, the company is a well-known company of India, and along with this, the company is also moving ahead in the field of R&D facilities. In this way, the company is also moving ahead by updating itself according to the changing times.
Which also seems to be benefiting the company. In this way, the company is moving forward with its expansion, due to which the company can be expected to grow further in the near future. In view of this, according to our analysis, the first target for Olectra Greentech Share Price Target 2028 is ₹ 2100 and the second target is Can be at ₹2380.
Olectra Greentech Share Price Target 2030
Olectra Greentech’s core business is composite polymer insulators and electric bus segments. It manufactures 1200KV, 330-420KV, 220-245KV, 110-132KV, 52-77KV, 33-36KV, 22-28KV and 10-15KV insulators for transmission and distribution, and also manufactures tons, brackets and cables for railways. Also manufactures tube and stay arm insulators.
As we told you, it is the manufacturer of the largest electric vehicles and the largest EV buses on Indian roads, and it is also seen working continuously for green energy. Thus, the company has a large product portfolio, in which the company also takes care of overall quality and innovation.
Along with this, the company is continuously moving forward keeping in mind its goals along with development in the company portfolio for the future, so that the company can get more profits in future.
And the way the company is working for its expansion, it is expected that in the coming time it can develop further, which can bring more profits to the company and which can also increase the share price of the company in the near future. In Olectra Greentech Share Price Target by 2030, the first target can be at ₹ 2750 and the second target can be at ₹ 3,020.
Olectra Greentech Share Price Target 2040
If you are also a long term investor, and wish to invest in this stock, then it can prove to be a good stock for you, because the financial trend of this company seems to be positive. The profit and net worth of this company seems to be increasing day by day.
However, according to the data of June 2023, there has been a slight decline in the company’s revenue. But the way the company is working towards its growth, after being a pioneer in commercial operation of electric buses, it is seen expanding into the e-mobility segment for electric trucks and electric tippers.
There seems to be more hope of seeing a good growth in the share of Olectra Greentech in the coming time. Because the company is the leader of electric buses in India and India’s leading and largest supplier of EHV composite insulators.
And now it seems to be moving towards its good development but it is also possible that in the coming time, according to the market trend, the company may suffer some loss due to some reasons.
From which it can be inferred here that as much as the return opportunities are seen in the stock, there may also be a slight decline in it, due to which it can also be a bit risky. Therefore, our advice is that before making any kind of investment, consult your financial advisor and get detailed information about the company.
It is being estimated by our analysts that in the coming time, the company can do more work for its expansion, due to which, along with the increase in the share price of the company, better returns can also be expected in the coming time. According to our analysis, the first target for Olectra Greentech Share Price Target 2040 can be at ₹ 4050 and the second target at ₹ 4350.