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Olectra Greentech Limited
Share Price Target & Analysis

NSE:OLECTRA

1402.94

VWAP

1426

Open

1426.25

Close

1428.65

High

1384.05

Low

2221.95

52 Week High

1389.55 ⇩
-36.70 (-2.57%)

OLECTRA

(TELECOM)
20.3% Momentum

Turnaround Potential

1177.45

52 Week Low

12.54

EPS

33.49

PE

12.41

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: OLECTRA Share Price Financial Analysis & Valuation

Olectra Greentech Limited (OLECTRA) is broadly categorized in TELECOM segment industry which deals in Telecommunications - Service vertical. It is one of Mid Cap company with Market Capitalization of Rs 6256.6 (in Cr). Total number of free float shares are 7.7 (in Lacs). Olectra Greentech Limited is listed on NSE with Exchange ID - INE260D01016 and trading code is NSE:OLECTRA with short name Olectra Greente.

In the past 1 year, Olectra Greentech Limited has declared an equity dividend of Rs 0.4 per share. At the current share price of OLECTRA at Rs 1389.55, this results in a dividend yield of 0.03 %.

As per the Fundamental Analysis of NSE:OLECTRA, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine OLECTRA underlying value and future prospects. All of this data is available in OLECTRA financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:OLECTRA, it is clearly understood that OLECTRA is Economical performer in terms of earnings and profit margins with an EPS of 12.54. NSE:OLECTRA book value per share as of today is 111.98. The current price to book ratio for OLECTRA as of Nov 23, 2024 is 12.41.

Valuation of the Stock: The current valuation of OLECTRA stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of OLECTRA whether to BUY this stock at current valuation. The delivery percentage of OLECTRA is 37.33% is very crucial parameter which shows that 37.33% investors are anticipating that the price of OLECTRA share should go up with VWAP at 1402.94.

Now, the main question is whether to BUY or SELL, NSE:OLECTRA at current valuation.
As per latest Analysis No. #5564:-

⇑ STRONG BUY OLECTRA if All Greens

⇗ BUY OLECTRA (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD OLECTRA (With Stop Loss) if only 1 Green

⇘ SELL OLECTRA if NO Green Indicator

NSE: OLECTRA Share Price Today (Nov 23, 2024)

(Olectra Greentech Limited Daily Analysis on the basis of OLECTRA Intraday Graph & Trend)

Olectra Greentech Limited share price moved Down by -2.57% from its previous close of Rs 1426.25. OLECTRA stock last traded price is 1389.55. OLECTRA share price trend is Down with a total of 375965 stocks traded till now. It has touched an intraday high of Rs 1428.65 and an intraday low of Rs 1384.05. The OLECTRA trading at 1389.55, Down by Rs. -36.70, or -2.57 percent which suggests that most of the Traders are anticipating that the price of OLECTRA share should go Down.

NSE: OLECTRA Share Price Tomorrow Prediction

(Olectra Greentech Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of OLECTRA)

Olectra Greentech Limited share price moved Down by -2.57%. OLECTRA share price short term trend is Down. It suggests that OLECTRA Share Price for Tomorrow remains the same with VWAP at 1402.94 will be treated as stop loss for intraday traders. Olectra Greentech Limited Long term investors can follow the OLECTRA long term trend as mentiond in future forecast table.

NSE Code

NSE: OLECTRA

OLECTRA Share Price Today

 1389.55

OLECTRA Share Price Target Prediction for 2024 ^

 1234.5 - 1805.5

OLECTRA Share Price Target Prediction for 2025*^

 1805.5 - 2378.8

OLECTRA Share Price Target Prediction for 2026*^

 2378.8 - 2545.3

OLECTRA Share Price Target Prediction for 2027*^

 2673

OLECTRA Share Price Target Prediction for 2028*^

 2749

OLECTRA Share Price Target Prediction for 2030*^

 2996
OLECTRA Current Book Value 2023
111.4

*Olectra Greentech Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^OLECTRA share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

OLECTRA Technical Analysis

Candlestick Pattern: @1417.55

OLECTRA Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 1501.46 SELL 1486.32 SELL
MA_12 1580.7 SELL 1556.18 SELL
MA_20 1604.38 SELL 1583.77 SELL
MA_32 1637.83 SELL 1609.43 SELL
MA_50 1635.5 SELL 1624.21 SELL
MA_100 1644.61 SELL 1645.92 SELL
MA_200 1738.65 SELL 1608.83 SELL

OLECTRA Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 1456.06 OverSold
MACD -23.45 SELL
ADX 26.6 Strong Trend
DMI (+/-) 9.51 / 35.88 Downtrend

OLECTRA Momentum Oscillators

BUY (0) NEUTRAL (3) SELL (9)
Momentum Oscillators Value Action
RSI 27.24 Oversold
STOCHASTIC_K (Fast) 1.29 Oversold
STOCHASTIC_D (Slow) 2.95 Oversold
CCI -199.51 SELL
PSAR 1659.44 SELL
TRUE RANGE 40.3 Neutral
ATR 58.07 Neutral
WILLIAMS R -97.81 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -292.1 SELL

OLECTRA Last 1 Year Trend

Duration Value
1 Year 19.97%
3 Months -14.26%
1 Month -17.09%
1 Week -12.13%

OLECTRA Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 10%
SELL 87%

Most popular Questions & Answers about OLECTRA


Olectra Greentech Limited stock last traded price is 1389.55. OLECTRA share price moved Down by -2.57% from its previous close of Rs 1426.25.

Olectra Greentech Limited share price trend is Down with a total of 375965 stocks traded till now. It has touched an intraday high of Rs 2244.1695 and an intraday low of Rs 1384.05. The OLECTRA trading at 1389.55, Down by Rs. -36.70, or -2.57 percent which suggests that most of the Traders are anticipating that the price of OLECTRA share should go Down and the Stop Loss will be around 1402.94.

The market cap of Olectra Greentech Limited is ₹6256.6 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Olectra Greentech Limited as of Nov 22, 2024 is 33.49.

The current price to book ratio for Olectra Greentech Limited as of Nov 22, 2024 is 12.41.

The highest price of Olectra Greentech Limited stock is ₹2221.95 in the last 52-week.

The lowest price of Olectra Greentech Limited stock is ₹1177.45 in the last 52-week.

Olectra Greentech Limited share trading at ₹1389.55, Down by Rs. -36.70, or -2.57 percent which suggests that most of the traders are anticipating that the price of OLECTRA share should go Down.

In 2023, Stock price target for Olectra Greentech Limited (OLECTRA) are ₹1234.5 on downside and ₹1805.5 on upside. Olectra Greentech Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Olectra Greentech Limited (OLECTRA) are ₹1805.5 on downside and ₹2378.8 on upside. Olectra Greentech Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Olectra Greentech Limited (OLECTRA) are ₹2378.8 on downside and ₹2545.3 on upside. Olectra Greentech Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Olectra Greentech Limited (OLECTRA) will be around ₹2749 Olectra Greentech Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of OLECTRA.

The price of Olectra Greentech Limited (OLECTRA) shares moved by -2.57%. The short-term trend for OLECTRA share price is Down. It implies that the share price of OLECTRA will stay the same tomorrow and that intraday traders should treat VWAP at 1402.94 as a stop loss. Investors with a long-term outlook can track OLECTRA long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of OLECTRA stock is 150.4. Compared to the current market price of 1389.55 INR, the OLECTRA stock is Overvalued by 89.2%.

As per the fundamental analysis of Olectra Greentech Limited (OLECTRA), it is of Economical quality in terms of earnings and profit margins with an EPS of 12.54. Olectra Greentech Limited book value per share as of today is 111.98. The current price to book ratio for OLECTRA as of Nov 23, 2024 is 12.41.


NSE:OLECTRA News & Other Useful Information about OLECTRA Share Price


Peer Comparison of NSE: OLECTRA

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Telecommunications - Service

Company Price EPS BV
BHARTIARTL 1568.40 14.2 174.16
TATACOMM 1738.15 12.91 347.02
TTML 66.82 0 -134.1
OLECTRA 1389.55 12.54 111.98
MTNL 42.96 0 -375.6
ONMOBILE 74.26 0 66.56
RCOM 1.88 0 -220.86
UNIINFO 32.44 0 31.07
Updated at: 22 Nov 2024 15:49

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