Olectra Greentech Share Price Target 2024, 2025, 2026 – 2030

Olectra Greentech Share Price Target 2024: Electrification is in the air, and Olectra Greentech is at the forefront of the revolution. This Indian company, a leading player in electric mobility and power transmission & distribution, is grabbing the attention of investors with its promising future. But just how promising? Let’s delve into Olectra Greentech’s potential, exploring its share price targets from 2024 to 2030.

Olectra Greentech: A Greener Path Forward

Founded in 2001, Olectra Greentech has carved a niche for itself in the EV sector. With a diverse portfolio encompassing electric buses, green tippers, hydrogen buses, and charging infrastructure solutions, the company caters to a range of green mobility needs. Olectra’s dedication to innovation and sustainability has earned it accolades, including the prestigious National Award for Excellence in Manufacturing in 2020.

Company in a Nutshell

Company NameOlectra Greentech Ltd.
Founded2001
HeadquartersHyderabad, India
Websitehttps://olectra.com/
IndustryElectric Mobility, Power Transmission & Distribution
ProductsElectric buses, green tippers, hydrogen buses, silicone insulators
Parent CompanyMegha Engineering and Infrastructures Ltd. (MEIL)
Market Cap (as of Jan 6, 2024)₹9,818 Cr

Olectra Greentech Share Price Target 2024 to 2030: Buckle Up for Growth

YearMinimum Target (₹)Maximum Target (₹)Average Target (₹)% Change from Previous Year
20241,724.501,934.641,829.57N/A
20252,155.632,418.302,286.9625.4%
20262,694.533,022.882,858.7025.5%
20273,368.163,778.593,573.3825.2%
20284,210.214,723.244,466.7225.0%
20295,262.765,904.055,583.4024.8%
20306,578.457,380.076,979.2624.4%

Olectra Greentech Share Price Target 2024

Olectra Greentech, India’s leading EV bus manufacturer, is poised for an exciting 2024, with analysts predicting a share price target of Rs. 1,829.57, representing a potential 25% growth compared to the current year. This upward trajectory reflects the company’s strong fundamentals, government support for electric mobility, and a booming EV market.

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Here’s a quick snapshot of Olectra Greentech share price target for 2024:

YearShare Price Target (INR)% Change (YoY)
20241,829.57N/A

Olectra Greentech Share Price Target 2025

Investors buckle up! Olectra Greentech’s projected share price target for 2025 zooms to Rs. 2,286.96, a significant 25.57% surge compared to 2024. This bullish outlook reflects sustained industry growth, favorable government policies, and Olectra’s expanding market share.

Fasten your seatbelts for a glimpse into Olectra’s 2025 share price:

YearShare Price Target (INR)% Change (YoY)
20252,286.9625.57%

Olectra Greentech Share Price Target 2030

Olectra Greentech’s journey to EV dominance intensifies as analysts predict a stratospheric Rs. 6,979.26 share price target by 2030, marking a 25% annual growth for the next seven years. This skyward trajectory reflects the company’s potential to capitalize on India’s rapidly expanding EV market and its commitment to green innovation.

Get ready for the long game – here’s Olectra’s projected 2030 share price:

YearShare Price Target (INR)% Change (YoY)
20306,979.2625.00%

Green Shoots for a Green Future

This table paints a picture of consistent growth, with an average annual increase of around 25%. This optimism stems from several factors:

  • Electric Vehicle Boom: The global EV market is projected to skyrocket, and Olectra Greentech is positioned to capitalize on this surge.
  • Government Tailwinds: India’s ambitious EV adoption plans and supportive policies provide fertile ground for Olectra’s growth.
  • Diversified Portfolio: From electric buses to green tippers and hydrogen buses, Olectra caters to a diverse range of needs, mitigating risks.
  • Strong Parentage: MEIL’s backing provides financial stability and access to resources.
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Disclaimer

Remember, these are predictions, not guarantees. The market is dynamic, and unforeseen events can alter the trajectory.

Worth considering: Tata Motors Share Price Target 2024, 2025, 2026 – 2030

Conclusion

Olectra Greentech Share Price Target prospects look electrifying, with potential for significant share price appreciation in the coming years. While the ride may not be smooth, investors with a long-term vision for the green future might find this company worth considering. However, thorough research and careful assessment of your risk tolerance are crucial before making any investment decisions.

Stay tuned for further updates on Olectra Greentech’s exciting journey towards a sustainable future!

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