Olectra Greentech Share Price Target 2024, 2025, 2026, 2027 to 2030 and More Details

Hello friends, Interested in the future of Olectra Greentech’s share price? You’re in the right place! We’ll explore the projected share price targets for Olectra Greentech, helping you make informed and confident investment decisions. Olectra Greentech Share Price on NSE as of 23 August 2024 is 1,599.00 INR. On this page, you will find Olectra Greentech Share Price Target 2024, 2025, 2026, 2027 to 2030 as well as Olectra Greentech share News, Olectra share Price target 2027, Olectra Electric share price, Why Olectra share price is falling, Olectra Greentech share price target tomorrow, Olectra Greentech share price target 2030, and more Information.

Current Market Overview of Olectra Greentech Share Price

• Open – 1,617.00
• High – 1,619.80
• Low – 1,593.05
• Mkt cap – 13.12KCr
• P/E ratio – 158.63
• Div yield- N/A
• 52-wk high – 2,221.95
• 52-wk low – 1,018.00

Olectra Greentech Company Details

Olectra Greentech Company is a pioneering Indian company specializing in electric mobility and sustainable transportation solutions. Established as a leader in the electric vehicle (EV) sector, Olectra Greentech focuses on manufacturing electric buses and related technology to promote eco-friendly transportation. Headquartered in Hyderabad, Olectra Greentech is part of the Megha Engineering & Infrastructures Limited (MEIL) Group.

• Category: Price Share
• Official Website: olectra.com
• Headquarters: India
• Date founded: 2000
• Chairman & Managing Director: Mr. Venkateswara Pradeep Karumuru

Olectra Greentech LTD Shareholding Pattern

• Promoters: 50.02%
• FII: 7.78%
• DII: 0.04%
• Mutual Funds: 0.09
• Retail & Others: 42.07%

Olectra Greentech Share Price Recent Graph

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Olectra Greentech Share Price Target Tomorrow From 2024 to 2030

Here are the estimated share prices of Olectra Greentech for the upcoming years, based solely on market valuation, enterprise trends and professional predictions. 

S. No.	Olectra Greentech Share Price Target Years	Olectra Greentech Share Price
1	Olectra Greentech Share Price Target 2024	₹2,810
2	Olectra Greentech Share Price Target 2025	₹3,950
3	Olectra Greentech Share Price Target 2026	₹4,940
4	Olectra Greentech Share Price Target 2027	₹6060
5	Olectra Greentech Share Price Target 2028	₹7180
6	Olectra Greentech Share Price Target 2029	₹8,110
7	Olectra Greentech Share Price Target 2030	₹9,130

Major Factors Affecting Olectra Greentech Share Price

• Growth in the Electric Vehicle Market

Olectra Greentech is a key player in the electric vehicle (EV) sector, particularly in manufacturing electric buses. The growing demand for clean and sustainable transportation solutions can positively influence the company’s sales and revenue. As more cities and governments push for greener transportation, the increasing adoption of electric vehicles can boost Olectra Greentech’s share price.

• Government Policies and Incentives

Government policies and incentives supporting electric vehicles and green technology are crucial for Olectra Greentech. Subsidies, tax breaks, and grants for EV manufacturers and buyers can drive up demand for electric buses, improving the company’s market position and stock price. Conversely, any reduction or withdrawal of these incentives could negatively impact the share price.

• Technological Advancements

Olectra Greentech’s ability to innovate and improve its technology is a major factor affecting its share price. Advancements in battery technology, increased vehicle range, and improved charging infrastructure can make Olectra’s products more attractive to buyers. Staying at the forefront of technology helps the company maintain a competitive edge, supporting a higher share price.

• Partnerships and Contracts

Securing contracts with government bodies, public transport agencies, and private companies is vital for Olectra Greentech. Large orders or long-term agreements can provide steady revenue streams, positively impacting the share price. Strategic partnerships and collaborations with other companies in the EV space can also enhance Olectra’s market position and investor confidence.

• Economic and Market Conditions

Broader economic and market conditions significantly influence Olectra Greentech’s share price. Economic growth, consumer confidence, and interest rates can influence the overall demand for vehicles. A robust economy usually means higher demand for new technologies, including electric vehicles, which can drive up Olectra’s share price. On the other hand, economic slowdowns may reduce investment and spending, negatively affecting the stock.

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FAQ

Q1. What is the target price of OLECTRA Green in 2024?

Ans. The target price of OLECTRA Green in 2024 is ₹2257.

Q2. What is the target price of OLECTRA Green in 2025?

Ans. The target price of OLECTRA Green in 2025 is ₹2257.

Q3. What is the target price of OLECTRA Green in 2030?

Ans. The target price of OLECTRA Green in 2030 is ₹2661.55.