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Olectra Greentech Ltd share Price Today

Company details

1,743.30
1,782.40
898.20
2,221.95
6M Return 39.51%
1Y Return 93.35%
Mkt Cap.(Cr) 14,422.86
Volume 469,793
Div Yield 0.02%
OI
-
OI Chg %
-
Volume 469,793

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Olectra Greentech Ltd shares SWOT Analysis

Strengths (9)

  • Rising Net Cash Flow and Cash from Operating activity
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (2)

  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Fall in Quarterly Revenue and Net Profit (YoY)

Opportunity (0)

Data not found

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,778.6
R2 1,800.1
R3 1,817.7
Pivot

1,760.95

S1 1,739.5
S2 1,721.9
S3 1,700.4
EMA SMA
1,742.8
1,748.3
1,707.4
1,540.8
1,752.2
1,751.3
1,807.7
1,529.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
UJWAL KUMAR PAGARIYA Bulk Sell 2024-02-23 2096 550000 NSE
THE JUPITER GLOBAL FUND-JUPITER INDIA SELECT Block Purchase 2024-02-01 1741.1 184114 BSE
JUPITER SOUTH ASIA INVESTMENT COMPANY LIMITED Block Sell 2024-02-01 1741.1 184114 BSE
Name Category Shares
MEIL HOLDINGS LIMITED PROMOTER 50.02%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Olectra Greentech Ltd Stocks COMPARISON

Financials( in Cr) Olectra Greentech Ltd Maruti Suzuki India Ltd Mahindra & Mahindra Ltd Tata Motors Ltd Bajaj Auto Ltd
Price 1,757.15 12,845.20 2,928.60 993.40 9,961.75
% Change 0.43 -0.01 2.34 0.77 0.39
Mcap Cr 14,422.86 403,856.94 364,179.90 330,180.23 278,112.14
Revenue TTM Cr 1,090.76 117,571.30 121,268.55 437,927.77 36,455.38
Net Profit TTM Cr 66.89 8,211.00 11,374.48 31,806.75 6,060.21
PE TTM 186.98 29.93 31.61 10.17 35.94
1 Year Return 93.35 34.96 113.28 76.70 109.46
ROCE 13.00 13.92 13.71 17.43 26.47
ROE 8.27 11.52 21.98 48.84 20.47
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 839.75 Cr FV: 4.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 36,912.43 -3,369.63
LAST 3M 113,155.52 -42,728.98
LAST 6M 184,812.44 -13,263.60
LAST 12M 291,104.04 102,297.21

Olectra Greentech Ltd Information

Stock PE (TTM)
186.98
Promoter Holding
50.02%
Book Value
111.2907
ROCE
13%
ROE
8.27%
Description
  • Olectra Greentech Limited is a subsidiary of the company MEIL, which is a pioneer in manufacturing electric buses and insulators in India with a market capitalisation worth Rs. 5,496 crore as of April 1, 2022. The company was incorporated on January 1, 1992, and it has reported a total income of Rs. 5.65 crore in the April-June quarter of the financial year 2021-2022. The company is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) with the number 532439 and scrip code OLECTRA.

    Olectra Greentech Limited is the first and largest electric bus manufacturer in India. The company has deployed diverse variants of electric buses in the country and is expanding its portfolio in the e-mobility sector with three-wheelers, electric autos, and trucks. The principal aim of the company is to come up with a better eco-friendly travel option, which is easy and safe for the planet. As per reports, it has delivered approximately 450 buses to various states under the flagship electric vehicle promotion scheme of the central government. The company’s 150-acre land in Hyderabad with an investment of more than 600 crore is a big leap for its future endeavors. The promoters of the company lowered their holdings from 51.74% to 51.62% in the December quarter of 2021 with retailers taking 39.21%, foreign institutional investors 9.13%, and other domestic investors around 0.4% with nothing in mutual funds.

    The net revenue of the company as of March 2021 is Rs. 277.22 crore. In the December quarter of 2021, the net profit of the organisation was valued at Rs. 12.49 crore against a low margin of 4.57% in the previous quarter. The sales also hiked by Rs. 207.13 crore in the December quarter again in comparison to quite a low value of Rs. 60.13 crore in December 2020. Speaking about the company’s revenue growth, it is growing at a rate of 25.34%, which is much ahead of the industry average of around 6.56%. The net income is also quite significant with a yearly rate of 6.86%. Olectra Genentech share price closed at Rs. 687.75 per Olectra share as of April 1, 2022. Olectra Greentech share has successfully given a return of 166.14% in six months and around 486% in the last 12 months.

    Disclaimer:- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

     

Registered Address

S-22 3rd Floor Industrial, Esatate Balanagar, Hyderabad, Telangana, 500037

Tel : 91-040-46989999/27807640/0742/1910
Email : info:olectra.com
Website : http://www.olectra.com
Registrar

Aarthi Consultants Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 4
Market Lot Equity Shares : 1
BSE Code : 532439
NSE Code : OLECTRA
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE260D01016

FAQ’s on Olectra Greentech Ltd Shares

You can buy Olectra Greentech Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Olectra Greentech Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:58 PM the closing price of Olectra Greentech Ltd was Rs.1,757.15.

The latest PE ratio of Olectra Greentech Ltd as of Jun 14, 2024 03:58 PM is 186.98

The latest PB ratio of Olectra Greentech Ltd as of Jun 14, 2024 03:58 PM is 0.06

The 52-week high of Olectra Greentech Ltd share price is Rs. 2,221.95 while the 52-week low is Rs. 898.20

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:58 PM, the market cap of Olectra Greentech Ltd stood at Rs. 14,422.86.

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