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Olectra Greentech Limited
Share Price Target & Analysis

NSE:OLECTRA

1715.53

VWAP

1697.00

Open

1694.55

Close

1730.00

High

1693.10

Low

2221.95

52 Week High

1722.20 ⇧
27.65 (1.63%)

OLECTRA

(TELECOM)
68.1% Momentum

Sideways to Positive

656.05

52 Week Low

8.97

EPS

41.31

PE

15.38

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 1722.20, this results in a dividend yield of 0.02 %.

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 8.97. NSE:OLECTRA book value per share as of today is 111.98. The current price to book ratio for OLECTRA as of May 18, 2024 is 15.38.

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 49.11% is very crucial parameter which shows that 49.11% investors are anticipating that the price of OLECTRA share should go up with VWAP at 1715.53.

Now, the main question is whether to BUY or SELL, NSE:OLECTRA at current valuation.
As per latest Analysis No. #5084:-

⇑ 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 (May 18, 2024)

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

Olectra Greentech Limited share price moved Up by 1.63% from its previous close of Rs 1694.55. OLECTRA stock last traded price is 1722.20. OLECTRA share price trend is Up with a total of 137062 stocks traded till now. It has touched an intraday high of Rs 1730.00 and an intraday low of Rs 1693.10. The OLECTRA trading at 1722.20, Up by Rs. 27.65, or 1.63 percent which suggests that most of the Traders are anticipating that the price of OLECTRA share should go Up.

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 Up by 1.63%. OLECTRA share price short term trend is Up. It suggests that OLECTRA Share Price for Tomorrow remains the same with VWAP at 1715.53 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

 1722.20

OLECTRA Share Price Target Prediction for 2024 ^

 1387.5 - 2232.9

OLECTRA Share Price Target Prediction for 2025*^

 2232.9 - 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: @1709.7

OLECTRA Moving Averages

BUY (8) NEUTRAL (0) SELL (6)
MA Simple Action S1 Expo Action E2
MA_5 1637.29 BUY 1657.94 BUY
MA_12 1675.22 BUY 1678.98 BUY
MA_20 1711.01 SELL 1704.55 BUY
MA_32 1774.21 SELL 1739.04 SELL
MA_50 1789.46 SELL 1749.83 SELL
MA_100 1797.18 SELL 1705.55 BUY
MA_200 1464.36 BUY 1491.06 BUY

OLECTRA Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 1711.01 Downtrend
MACD -1.68 SELL
ADX 34.54 Strong Trend
DMI (+/-) 17.57 / 29.65 Downtrend

OLECTRA Momentum Oscillators

BUY (4) NEUTRAL (7) SELL (1)
Momentum Oscillators Value Action
RSI 47.92 Neutral
STOCHASTIC_K (Fast) 85.55 Overbought
STOCHASTIC_D (Slow) 61.78 Neutral
CCI 9.15 Neutral
PSAR 1560 BUY
TRUE RANGE 97.2 Neutral
ATR 68.28 Neutral
WILLIAMS R -41.48 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 100 Overbought
MOMENTUM -116.35 SELL

OLECTRA Last 1 Year Trend

Duration Value
1 Year 158.4%
3 Months -10.29%
1 Month -6.37%
1 Week 4.14%

OLECTRA Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 43%
NEUTRAL / HOLD 23%
SELL 33%

Most popular Questions & Answers about OLECTRA


Olectra Greentech Limited stock last traded price is 1722.20. OLECTRA share price moved Up by 1.63% from its previous close of Rs 1694.55.

Olectra Greentech Limited share price trend is Up with a total of 137062 stocks traded till now. It has touched an intraday high of Rs 2244.1695 and an intraday low of Rs 1693.10. The OLECTRA trading at 1722.20, Up by Rs. 27.65, or 1.63 percent which suggests that most of the Traders are anticipating that the price of OLECTRA share should go Up and the Stop Loss will be around 1715.53.

The market cap of Olectra Greentech Limited is ₹6256.6 (in Cr) as of May 17, 2024.

The current price to earning ratio for Olectra Greentech Limited as of May 17, 2024 is 41.31.

The current price to book ratio for Olectra Greentech Limited as of May 17, 2024 is 15.38.

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 ₹656.05 in the last 52-week.

Olectra Greentech Limited share trading at ₹1722.20, Up by Rs. 27.65, or 1.63 percent which suggests that most of the traders are anticipating that the price of OLECTRA share should go Up.

In 2023, Stock price target for Olectra Greentech Limited (OLECTRA) are ₹1387.5 on downside and ₹2232.9 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 ₹2232.9 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.

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 8.97. Olectra Greentech Limited book value per share as of today is 111.98. The current price to book ratio for OLECTRA as of May 18, 2024 is 15.38.


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 1344.45 8.64 136.95
TATACOMM 1799.25 22.41 347.02
TTML 77.70 0 -98.48
OLECTRA 1722.20 8.97 111.98
MTNL 37.10 0 -330.84
ONMOBILE 75.70 0.27 66.67
RCOM 1.65 0 -195.3
UNIINFO 34.55 0 31.73
Updated at: 18 May 2024 12:08

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