Olectra Greentech Ltd. (NSE: OLECTRA) is a leading Indian company specializing in electric vehicles (EVs), particularly electric buses and other commercial EVs.(Olectra greentech share price target)
As the demand for eco-friendly transportation solutions grows, investors are keeping a close eye on Olectra’s advancements in the sustainable mobility sector.
This article provides an in-depth analysis of Olectra Greentech’s share price forecasts for the years 2024, 2025, 2030, 2040, and 2050.
By examining key market trends and conducting a thorough fundamental analysis, we aim to offer clear and easy-to-understand insights into the company’s potential growth trajectory.
What is Olectra Greentech Ltd (NSE: OLECTRA)?
Olectra Greentech, formerly known as Goldstone Infratech, is a leading innovator in electric transportation in India.
Headquartered in Hyderabad and established in 2000, the company has been at the forefront of developing and manufacturing electric buses in the country.
Its technological advancements are powered by a strategic partnership with BYD Auto Industry Company Ltd., a global leader in electric vehicles and battery technology.
Fundamental Table
| Metric | Value |
| Market Cap | ₹14,409 Crore |
| P/E Ratio | 187.55 |
| EPS (TTM) | ₹9.36 |
| Dividend Yield | 0.02% |
| ROCE | 14.8% |
| Debt to Equity | 0.13 |
| Promoter Holding | 50.02% |
Olectra Greentech Share Price Target 2024
| Year | Minimum Price | Maximum Price |
| 2024 | ₹1300 | ₹2000 |
Olectra Greentech is poised to benefit from the growth of India’s electric car market in 2024. With a robust order book and expanding manufacturing capabilities, the company is well-positioned for near-term success.
Additionally, government initiatives to encourage the adoption of electric vehicles are expected to boost Olectra’s sales further.
Based on our analysis, we project that the share price of Olectra Greentech could reach between ₹1300 and ₹2000 in 2024.
| Month | Minimum Price | Maximum Price |
| January 2024 | ₹1300 | ₹1800 |
| February 2024 | ₹1700 | ₹2200 |
| March 2024 | ₹1700 | ₹1900 |
| April 2024 | ₹1700 | ₹1950 |
| May 2024 | ₹1600 | ₹1850 |
| June 2024 | ₹1600 | ₹1900 |
| July 2024 | ₹1700 | ₹1950 |
| August 2024 | ₹1500 | ₹1700 |
| September 2024 | ₹1440 | ₹1900 |
| October 2024 | ₹1400 | ₹1950 |
| November 2024 | ₹1300 | ₹1800 |
| December 2024 | ₹1350 | ₹2000 |
Olectra Greentech Share Price Target 2025
| Year | Minimum Price | Maximum Price |
| 2025 | ₹1400 | ₹2900 |
By 2025, Olectra Greentech is expected to significantly expand its production capacity and market share.
The company’s focus on technological innovation and a diverse range of products should yield positive results.
Growing environmental awareness and supportive government policies could further drive the adoption of electric vehicles.
Our study predicts a 2025 share price objective of ₹1400 to ₹2900 for Olectra Greentech.
| Month | Minimum Price | Maximum Price |
| January 2025 | ₹1400 | ₹2100 |
| February 2025 | ₹1420 | ₹2200 |
| March 2025 | ₹1440 | ₹2250 |
| April 2025 | ₹1460 | ₹2300 |
| May 2025 | ₹1500 | ₹2400 |
| June 2025 | ₹1500 | ₹2500 |
| July 2025 | ₹1550 | ₹2600 |
| August 2025 | ₹1600 | ₹2700 |
| September 2025 | ₹1650 | ₹2650 |
| October 2025 | ₹1680 | ₹2750 |
| November 2025 | ₹1700 | ₹2800 |
| December 2025 | ₹1720 | ₹2900 |
Olectra Greentech Share Price Target 2030
| Year | Minimum Price | Maximum Price |
| 2030 | ₹9,130 | ₹12,340 |
Olectra Greentech, a leader in the Indian electric vehicle (EV) ecosystem, is expected to dominate the market by 2030.
With its early entry and strong focus on research and development, the company is well-positioned to maintain a competitive edge.
As the adoption of electric vehicles grows, Olectra’s wide range of products will be well-suited to meet various transportation needs.
We estimate Olectra Greentech share price to reach between ₹9,130 and ₹12,340 by 2030.
| Month | Minimum Price | Maximum Price |
| January 2030 | ₹9,130 | ₹9,500 |
| February 2030 | ₹9,500 | ₹9,800 |
| March 2030 | ₹9,800 | ₹10,100 |
| April 2030 | ₹10,100 | ₹10,400 |
| May 2030 | ₹10,400 | ₹10,700 |
| June 2030 | ₹10,700 | ₹11,000 |
| July 2030 | ₹11,000 | ₹11,300 |
| August 2030 | ₹11,300 | ₹11,600 |
| September 2030 | ₹11,600 | ₹11,800 |
| October 2030 | ₹11,800 | ₹12,000 |
| November 2030 | ₹12,000 | ₹12,200 |
| December 2030 | ₹12,200 | ₹12,340 |
Share Price Target 2040
| Year | Minimum Price | Maximum Price |
| 2040 | ₹25,000 | ₹35,000 |
By 2040, Olectra Greentech is poised to become a global leader in electric transportation solutions.
The company’s significant investments in technology and infrastructure are expected to yield substantial returns.
As electric vehicles become increasingly mainstream, Olectra’s market share and brand reputation are likely to grow.
We predict a share price objective of ₹25,000 to ₹35,000 for Olectra Greentech in 2040.
| Month | Minimum Price | Maximum Price |
| January 2040 | ₹25,000 | ₹26,000 |
| February 2040 | ₹26,000 | ₹27,000 |
| March 2040 | ₹27,000 | ₹28,000 |
| April 2040 | ₹28,000 | ₹29,000 |
| May 2040 | ₹29,000 | ₹30,000 |
| June 2040 | ₹30,000 | ₹31,000 |
| July 2040 | ₹31,000 | ₹32,000 |
| August 2040 | ₹32,000 | ₹33,000 |
| September 2040 | ₹33,000 | ₹33,500 |
| October 2040 | ₹33,500 | ₹34,000 |
| November 2040 | ₹34,000 | ₹34,500 |
| December 2040 | ₹34,500 | ₹35,000 |
Share Price Target 2050
Projecting share prices for 2050 is highly speculative, especially given the rapid evolution of the transportation industry.
Olectra Greentech’s future success will largely depend on its ability to adapt to emerging technologies and shifting market dynamics.
If the company continues to innovate and expand globally, there is significant potential for its value to increase substantially.
| Year | Minimum Price | Maximum Price |
| 2050 | ₹50,000 | ₹70,000 |
We predict an Olectra Greentech share price goal of ₹50,000 to ₹70,000 by 2050.
| Month | Minimum Price | Maximum Price |
| January 2050 | ₹50,000 | ₹52,000 |
| February 2050 | ₹52,000 | ₹54,000 |
| March 2050 | ₹54,000 | ₹56,000 |
| April 2050 | ₹56,000 | ₹58,000 |
| May 2050 | ₹58,000 | ₹60,000 |
| June 2050 | ₹60,000 | ₹62,000 |
| July 2050 | ₹62,000 | ₹64,000 |
| August 2050 | ₹64,000 | ₹66,000 |
| September 2050 | ₹66,000 | ₹67,000 |
| October 2050 | ₹67,000 | ₹68,000 |
| November 2050 | ₹68,000 | ₹69,000 |
| December 2050 | ₹69,000 | ₹70,000 |
Should I buy Olectra Greentech stock?
Olectra Greentech has shown impressive growth, with sales increasing by 42% and profits rising by 87.64% over the past three years.
However, its high price-to-earnings (P/E) ratio of 158.54 and relatively low return on equity (ROE) of 8.76% raise concerns for investors.
Although the stock price has recently declined, Olectra remains a key player in the electric bus and composite insulator sectors.
When considering an investment, it’s important to weigh the company’s strong growth potential against its high valuation and financial metrics.
Investors should approach this opportunity carefully, factoring in current market conditions and their own risk tolerance.
| Year | Minimum Price | Maximum Price |
| 2024 | ₹1300 | ₹2000 |
| 2025 | ₹1400 | ₹4,430 |
| 2030 | ₹9,130 | ₹12,340 |
| 2040 | ₹25,000 | ₹35,000 |
| 2050 | ₹50,000 | ₹70,000 |
Olectra Greentech Ltd Earning Results
In the latest quarterly results, Olectra Greentech reported:
- Revenue growth of 21.32% year-over-year
- Improved EBITDA margins
- Strong order book position
- Expansion of production capacity
- Diversification into new EV segments like electric trucks
| Metric | Value |
| Total Revenue | ₹11.5 Billion |
| Cost of Revenue | ₹8.3 Billion |
| Gross Profit | ₹3.2 Billion |
| Operating Income | ₹1.3 Billion |
| Net Income | ₹768.3 Million |
| Market Capitalization | ₹13,201.87 Crore |
| P/E Ratio | 158.54 |
| ROE | 8.76% |
| Dividend Yield | 0.02% |
| 52-Week High/Low | ₹2,221.95 / ₹1,018 |
Expert Forecasts on the Future of Olectra Greentech Ltd
Industry analysts expect Olectra Greentech to succeed, stating:
India’s high EV adoption goals provide a favorable market.The firm prioritizes innovation and product development.Possible profit growth as manufacturing grows.
Foreign market growth opportunitiesGrowing investor interest in renewable energy and sustainable transportation firms
Is Olectra Greentech stock good to buy?
Bull Case:
- Emerging EV market with high growth potential and government assistance for renewable energy and electric transportation.
- Technological expertise and strategic alliances
- First-mover advantage in Indian electric buses
- Expanding into trucks and tippers with EVs
Bear Case:
- Superior value metrics vs industry averages
- EV competition may intensify as more players arrive.
- Dependence on government subsidies and policies
- Automotive technology disruptions
- Possible EV component supply chain issues
Conclusion
Olectra Greentech stands out as an attractive investment opportunity in the electric vehicle (EV) sector. The company benefits from a solid market presence, technical expertise, and an expanding product lineup, all of which position it well for future growth. However, given the rapidly evolving nature of the EV industry, along with its high valuation and associated risks, potential investors should carefully assess their financial goals and conduct thorough research before making any investment decisions.
Olectra Greentech Ltd., a leading Indian manufacturer of electric buses and insulators, has garnered attention for its growth prospects. Analysts have projected the company’s share price to reach approximately ₹1,859 by 2025.
FAQs
What is the current share price of Olectra Greentech Ltd?
As of December 20, 2024, Olectra Greentech Ltd.’s share price was ₹1,473.00.
What is the share price target for Olectra Greentech in 2025?
Analysts have set a target price of ₹1,859 for 2025.
What are the key factors influencing Olectra Greentech’s share price?
The company’s growth in the electric bus market, strategic partnerships, and government initiatives promoting carbon-free emissions are significant factors.
How has Olectra Greentech’s stock performed historically?
Over the past five years, the company has delivered a profit growth of 46.6% CAGR.
