What is the Share Price of Olectra Greentech Ltd?
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The share price of Olectra Greentech Ltd for NSE is ₹ 1161.5 and for BSE is ₹ 1159.1.
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As of the latest trading session, OLECTRA GREENTECH LIMITED share price is currently at ₹ 1161.5, which is down by ₹ -38.00 from its previous closing. Today, the stock has fluctuated between ₹ 1152.00 and ₹ 1202.30. Over the past year, OLECTRA GREENTECH LIMITED has achieved a return of -30.87 %. In the last month alone, the return has been 1.30 %. Read More...
Particulars | DEC 2024 (Values in Cr) |
---|---|
Revenue | 506.83 |
Operating Expense | 447.70 |
Net Profit | 46.31 |
Net Profit Margin (%) | 9.13 |
Earnings Per Share (EPS) | 5.64 |
EBITDA | 78.73 |
Effective Tax Rate (%) | 23.93 |
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|---|---|---|---|---|
ASHOK LEYLAND LTD | 227.65 | 23.99 | 6.48 | 66850.04 | 184.90 / 264.70 |
FORCE MOTORS LIMITED | 9034.00 | 21.77 | 3.92 | 11903.44 | 6128.55 / 10272.65 |
EICHER MOTORS LTD | 5580.60 | 34.44 | 8.06 | 153000.01 | 4260.85 / 5907.85 |
ESCORTS KUBOTA LIMITED | 3340.35 | 32.74 | 3.79 | 37371.09 | 2828.75 / 4422.00 |
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|---|---|---|---|---|
ASHOK LEYLAND LTD | 227.65 | 22.88 | 6.62 | 66850.04 | 184.90 / 264.70 |
FORCE MOTORS LIMITED | 9034.00 | 21.80 | 3.83 | 11903.44 | 6128.55 / 10272.65 |
EICHER MOTORS LTD | 5580.60 | 36.98 | 9.25 | 153000.01 | 4260.85 / 5907.85 |
ESCORTS KUBOTA LIMITED | 3340.35 | 32.82 | 3.78 | 37371.09 | 2828.75 / 4422.00 |
Olectra Greentech announced their Q4 results on April 25, 2024, revealing a 23.17% year-over-year decrease in topline and a 49.23% drop in profit.
- Compared to the previous quarter, revenue declined by 15.59%, and profit fell by 49.19%.
Read more... - Selling, general, and administrative expenses rose by 5.38% quarter-over-quarter and increased by 30.11% year-over-year.
- Operating income decreased by 37.48% quarter-over-quarter and by 39.33% year-over-year. The EPS for Q4 is ₹1.67, marking a 49.28% year-over-year decrease.
- Despite these declines, Olectra Greentech delivered a 1.99% return in the last week, a 70.49% return in the last six months, and a 34.23% year-to-date return.
- The company currently has a market cap of ₹14,838.56 crore, with a 52-week high/low of ₹2,221.95 and ₹622.25, respectively.
Olectra Greentech’s share price is an important indicator of the company's market value and investor sentiment
Mumbai public transport operator BEST has awarded Olectra Greentech a tender for 2,400 e-buses, which will be leased by the manufacturer. Another manufacturer received a tender for 250 e-buses. Olectra's contract is for buses on a wet lease model for 12 years, with a low lease rent of ₹64 per km with subsidy.
The new 2,400 Olectra Greentech buses for BEST Mumbai are expected to be delivered within two years. By 2025, the Indian electric bus market is projected to reach over 7,000 units with a CAGR of 53% from 2018 to 2025, driven primarily by the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. Buses under 10 meters in length are expected to witness the quickest growth, according to P&S Intelligence.
India aims to electrify 30% of its vehicle fleets by 2030, as proposed by government think tank Niti Aayog, with ongoing tests for the operational feasibility of electric buses, cars, two-wheelers, rickshaws, taxis, and goods vehicles already underway. Read less
Metric | Value |
Share Price (NSE) | ₹1573.15 (Nov 11, 2024) |
Market Cap | ₹12,912.53 Crores (Nov 2024) |
Day Range | ₹1567.05 - ₹1590.00 (Nov 11, 2024) |
52-Week Range | ₹1157.15 - ₹2221.95 (2024) |
Volume (Shares) | 1,68,619 (Nov 11, 2024) |
PE Ratio (TTM) | 126.99 (2024) |
Earnings Per Share (EPS) | ₹12.54 (2024) |
Dividend Yield | 0.03% (2024) |
Net Profit Margin | 9.37% (Q2, 2024) |
Effective Tax Rate | 25.81% (Q2, 2024) |
Key Highlights
Olectra Greentech share price stands at ₹1573.15 as of November 11, 2024.
The company reported a PE Ratio of 126.99 and an EPS of ₹12.54 for 2024.
52-week share range spans from ₹1157.15 to ₹2221.95, showcasing significant volatility within the year.
Net profit margin for Q2 2024 was 9.37%, with an effective tax rate of 25.81%.
Metric | Value |
Annual Revenue | ₹514.07 Crores (Q2, 2024) |
Net Profit | ₹48.20 Crores (Q2, 2024) |
Operating Expense | ₹451.90 Crores (Q2, 2024) |
EBITDA | ₹83.25 Crores (Q2, 2024) |
Net Profit Margin | 9.37% (Q2, 2024) |
Return on Equity (ROE) | 8.33% (2024) |
Book Value per Share | ₹119.98 (2024) |
Key Highlights
Olectra Greentech share price continues to reflect the company’s strong financials.
The annual revenue reported in Q2 2024 reached ₹514.07 Crores, with a net profit of ₹48.20 Crores.
Operating expenses for the quarter amounted to ₹451.90 Crores, while the EBITDA was ₹83.25 Crores.
The book value per share stands at ₹119.98, with an ROE of 8.33% for 2024.
Dividend Type | Dividend Amount | Ex-Date | Record Date |
Final | ₹0.4 per share | 21 Sep, 2023 | 21 Sep, 2023 |
Final | ₹0.4 per share | 20 Sep, 2022 | 21 Sep, 2022 |
Final | ₹0.2 per share | 20 Sep, 2012 | 24 Sep, 2012 |
Final | ₹0.2 per share | 22 Sep, 2011 | 26 Sep, 2011 |
Final | ₹0.2 per share | 20 Sep, 2010 | 22 Sep, 2010 |
Final | ₹0.4 per share | 17 Sep, 2009 | 22 Sep, 2009 |
Key Highlights
Olectra Greentech share price provides consistent dividend returns, with a recent payout of ₹0.4 per share as of September 21, 2023.
Regular dividends reinforce shareholder value, with similar payouts maintained over recent years.
The dividend history underscores the company’s commitment to rewarding Olectra Greentech shareholders.
Who is the CEO of Olectra Greentech Ltd?
Venkateswara Pradeep Karumuru serves as the Chairman and Managing Director of Olectra Greentech Ltd, a role he has held since October 2021. His leadership focuses on advancing the company’s strategic growth in green technology and sustainable mobility sectors.
When was Olectra Greentech Ltd established?
Olectra Greentech Ltd was established on October 11, 2000, originally under the name Goldstone Teleservices Limited. The company has undergone several name changes to align with its strategic shift towards green technology and electric vehicle manufacturing.
What factors influence the Olectra Greentech Share Price?
The Olectra Greentech share price is primarily influenced by the company’s financial performance, market demand for electric vehicles, government policies supporting green technology, and broader industry trends. Investor sentiment and regulatory updates also play significant roles in determining its share price.
Is Olectra Greentech Ltd debt free?
Olectra Greentech Ltd maintains a minimal debt profile, focusing on sustainable growth through equity financing and strategic investments in electric mobility solutions. This approach enables financial stability while supporting the company’s expansion in green technology markets.
What is the CAGR of Olectra Greentech Share?
The Olectra Greentech share price CAGR has achieved impressive growth: 62% over 10 years, 54% over 5 years, 28% over 3 years, and 35% over the past year, demonstrating the company’s sustained performance and investor confidence in its growth trajectory.
How has the Olectra Greentech Share Price performed over the past year?
Over the past year, the Olectra Greentech share price recorded a CAGR of 35%, showcasing significant appreciation. This growth reflects positive investor sentiment, increased focus on electric vehicle adoption, and Olectra’s strong positioning within the green technology sector.
Olectra Greentech Limited was formerly incorporated as 'Goldstone Teleservices Limited' on October 11, 2000. The Company name was changed from 'Goldstone Teleservices Limited' to 'Goldstone Infratech Limited' on September 28, 2007 and further changed from Goldstone Infratech Limited to 'Olectra Greentech Limited' effective on July 6, 2018. The Company was established to takeover the telecom business of Goldstone Technologies as part of restructuring programme undertaken by the Goldstone Technologies Limited. The Company is primarily engaged in the manufacturing of Composite Polymer Insulators, Electric Buses and Electric Trucks.
Consequent to Amalgamation of M/s Newtech Stewing Telecom Limited, M/s. Shree Shree Telecom Private Limited and M/s. Sunplast O-Met Limited with the Company, through Scheme of Amalgamation on 30 June, 2009. In 2009-10, the Company allotted 57,432 Nos. of Equity Shares of Rs 4/- each amounting to Rs. 2,29,728/- to remaining shares holders of Sun Plast O Met Limited pursuant to Scheme of Amalgamation.
The Company has invested Rs 6.00 crore in TF Solar Power Pvt Limited towards Equity Share Capital and allotted 60,00,000 shares of Rs 10/- each on 14.04.2010. The company has acquired 10000 Shares of TF Solar Power Pvt Ltd from its Promoters on payment of 1,00,000/-.
During the year 2012-13,the Company developed and type tested the Cross Arm Insulators for FSC platforms as Import Substitution for the first time in India and further the company had also developed Horizontal Line Post Insulators and became the first company in the country to develop this and got approval of power utilities. Further the Company had successfully produced 765KV Insulators for Transmission Lines.
From the FY 2018, the company started manufacturing electrical buses.
In view of expanding business operations and to meet the capital requirements, the Company has raised funds by allotting 2,65,00,000 Equity Shares and 91,00,000 Convertible Warrants at Rs 175.30/- per share to M/s. MEIL Holdings Limited (MHL), on preferential basis. MHL has also acquired 1,00,00,000 (One Crore only) Equity Shares of the Company from Trinity Infraventures Limited, through share purchase agreement, entered between them.
On 30 March 2019 the Company has allotted 27,00,000 Equity Shares to M/s. Goldstone Power Private Ltd (belonging to the Promoter Group), pursuant to the conversion of warrants.
The Company incorporated another wholly owned subsidiary namely, Evey Trans Private Limited, on 20 September, 2018. OHA Commute Private Limited, a wholly owned subsidiary of Evey Trans Private Limited, has also became the second layer subsidiary of the Company.
On 09 April, 2020 the Company has allotted 27,00,000 equity shares to M/s. Goldstone Power Private Limited (belonging to the Promoter Group), pursuant to the conversion of remaining 27,00,000 warrants.
Pursuant to resolution passed by the shareholders in their meeting held on 09th September, 2019 and post transfer of the entire equity shareholding (of Evey Trans Private Limited) to MEIL Holdings Limited, Evey Trans Private Limited and Oha Commute Private Limited ceased to be subsidiaries of the Company w.e.f. 13th January, 2020.
The Company has subscribed 26% stake in Evey Trans (SMC) Private Limited on 27th January, 2020.
As on 31 March 2021, Company has a subsidiary, a Joint Venture and a Associate Company namely TF Solar Private Limited, SSISPL-OGL-BYD Consortium and Evey Trans (SMC) Private Limited respectively.
The Company acquired 51% stake in the Evey Trans (GTC) Private Limited on 12th April, 2021.
The Company has started the construction of The state of the Art Greenfield EV Manufacturing Facility' (Factory) on 150 Acres of Land situated at Seetharampur, Telangana in 2024. The Company has expanded its business division by introducing the E-Tipper Division
and delivered total 51 E-Tippers in 2023-24.
The share price of Olectra Greentech Ltd for NSE is ₹ 1161.5 and for BSE is ₹ 1159.1.
The market cap of Olectra Greentech Ltd for NSE is ₹ 95,33.67 Cr. and for BSE is ₹ 95,13.97 Cr. as of now.
The 52 Week High and Low of Olectra Greentech Ltd for NSE is ₹ 1960.00 and ₹ 989.95 and for BSE is ₹ 1960.00 and ₹ 973.65.
You can trade in Olectra Greentech Ltd shares with Bajaj Broking by opening a Demat Account.
The 1 year returns on the stock has been -30.87%.
Olectra Greentech Ltd share price is for NSE ₹ 1161.5 & for BSE ₹ 1159.1 as on Apr 30 2025 03:30 PM.
The market cap of Olectra Greentech Ltd for NSE ₹ 95,33.67 & for BSE ₹ 95,13.97 as on Apr 30 2025 03:30 PM.
As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for Olectra Greentech Ltd share is 77.63.
As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for Olectra Greentech Ltd share is 119.98.
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