Olectra Greentech Share Price
- Advice
- Hold
Start SIP in Olectra Greentech
Start SIPOlectra Greentech Performance
Day Range
- Low 1,631
- High 1,711
52 Week Range
- Low 1,018
- High 2,222
- Open Price1,705
- Previous Close1,711
- Volume1042681
Olectra Greentech Investment Rating
-
Master Rating:
-
Olectra Greentech has an operating revenue of Rs. 1,252.05 Cr. on a trailing 12-month basis. An annual revenue growth of 6% is not great, Pre-tax margin of 8% is okay, ROE of 8% is fair but needs improvement. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 200DMA and around 5% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 23% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 88 which is a GOOD score indicating consistency in earnings, a RS Rating of 42 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 115 indicates it belongs to a poor industry group of Auto Manufacturers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 304 | 278 | 332 | 298 | 206 | 368 |
| Operating Expenses Qtr Cr | 264 | 247 | 285 | 257 | 169 | 320 |
| Operating Profit Qtr Cr | 41 | 31 | 47 | 41 | 37 | 48 |
| Depreciation Qtr Cr | 7 | 7 | 7 | 7 | 7 | 7 |
| Interest Qtr Cr | 9 | 13 | 13 | 9 | 7 | 8 |
| Tax Qtr Cr | 7 | 4 | 8 | 7 | 6 | 7 |
| Net Profit Qtr Cr | 21 | 12 | 22 | 21 | 19 | 28 |
Olectra Greentech Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 3
- Bearish Moving Average
- ___
- 13
- 20 Day
- ₹1,655.44
- 50 Day
- ₹1,653.75
- 100 Day
- ₹1,670.83
- 200 Day
- ₹1,610.10
- 20 Day
- ₹1,646.11
- 50 Day
- ₹1,625.14
- 100 Day
- ₹1,697.68
- 200 Day
- ₹1,715.36
Olectra Greentech Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 1,692.15 |
| Second Resistance | 1,740.95 |
| Third Resistance | 1,771.30 |
| RSI | 49.21 |
| MFI | 78.71 |
| MACD Single Line | 15.41 |
| MACD | 18.90 |
| Support | |
|---|---|
| First Support | 1,613.00 |
| Second Support | 1,582.65 |
| Third Supoort | 1,533.85 |
Olectra Greentech Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 1,143,768 | 41,392,964 | 36.19 |
| Week | 1,425,463 | 52,485,538 | 36.82 |
| 1 Month | 1,040,355 | 32,594,328 | 31.33 |
| 6 Month | 975,901 | 30,545,691 | 31.3 |
Olectra Greentech Result Highlights
Olectra Greentech Synopsis
NSE-Auto Manufacturers
Olectra Greentech is involved in the business activities of Manufacture of motor vehicles. Company’s Total Operating Revenue is Rs. 1113.97 Cr. and Equity Capital is Rs. 32.83 Cr. for the Year ended 31/03/2024. Olectra Greentech Ltd. is a Public Limited Listed company incorporated on 11/10/2000 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L34100TG2000PLC035451 and registration number is 035451.| Market Cap | 13,489 |
| Sales | 1,212 |
| Shares in Float | 4.10 |
| No of funds | 103 |
| Yield | 0.02 |
| Book Value | 14.68 |
| U/D Vol ratio | 1.8 |
| LTDebt / Equity | 1 |
| Alpha | -0.01 |
| Beta | 1.35 |
Olectra Greentech Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 50.02% | 50.02% | 50.02% | 50.02% |
| Mutual Funds | 0.14% | 0.11% | 0.09% | 0.08% |
| Insurance Companies | 0.01% | |||
| Foreign Portfolio Investors | 7.61% | 8.58% | 7.78% | 8.01% |
| Financial Institutions/ Banks | 0.04% | 0.04% | 0.04% | 0.04% |
| Individual Investors | 37.8% | 36.06% | 36.62% | 36.3% |
| Others | 4.38% | 5.19% | 5.45% | 5.55% |
Olectra Greentech Management
| Name | Designation |
|---|---|
| Mr. K V Pradeep | Chairman & Managing Director |
| Mr. Peketi Rajesh Reddy | Non Exe.Non Ind.Director |
| Mr. B Appa Rao | Independent Director |
| Mrs. Chintalapudi Laksmi Kumari | Independent Director |
| Mr. E Pandu Ranga Vittal | Independent Director |
| Justice(Retd) Gyan Sudha Misra | Independent Director |
| Mr. M Gopalakrishna | Independent Director |
| Mr. V Subramaniamsundar Rajan | Independent Director |
Olectra Greentech Forecast
Price Estimates
Olectra Greentech Corporate Action
About Olectra Greentech
Olectra Greentech FAQs
What is Share Price of Olectra Greentech ?
Olectra Greentech share price is ₹1,643 As on 05 October, 2024 | 21:46
What is the Market Cap of Olectra Greentech ?
The Market Cap of Olectra Greentech is ₹13488.7 Cr As on 05 October, 2024 | 21:46
What is the P/E ratio of Olectra Greentech ?
The P/E ratio of Olectra Greentech is 162 As on 05 October, 2024 | 21:46
What is the PB ratio of Olectra Greentech ?
The PB ratio of Olectra Greentech is 14.7 As on 05 October, 2024 | 21:46
What is Olectra Greentech Limited's ROE?
Olectra Greentech Limited's current Return on Equity (ROE) is approximately 8.27 %. Remember, ROE is a profitability measure and can fluctuate over time.
What Affects Olectra Greentech Limited's Share Price?
Several factors can influence Olectra Greentech Limited's share price, including:
● Financial performance of the company, including profitability and future prospects.
● Overall health of the sustainable mobility and electric vehicle sectors.
● Government policies and regulations impacting the industry.
● News and ratings related to Olectra Greentech Limited, including analyst opinions and investor sentiment.