Olectra Greentech Share Price Target 2024, 2025, 2027, 2030 – 2035 (Long Term)

Olectra Greentech Share Price Target, BSE BOM: 532439, INE260D01016, NSE: OLECTRA Targets, Future Prediction, Prognosis, Forecast 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2035

Olectra Greentech (NSE: OLECTRA, BOM: 532439) is a leading electric bus manufacturer in India. Olectra Greentech was incorporated in 1992 and primarily manufactures composite electrical buses and polymer insulators. The company has launched many buses in the market like E Bus V2, X2, iX, and CX2. The company is continuously getting many orders and the stock is also performing well.

If we look at the report for the financial year 2022, 82% of their revenue comes from electric buses for which they are continuously getting orders. The remaining 18% of revenue comes from composite polymer insulators. The company is paying attention not only to electric buses but also to charging infra. As of February 2022, 16 charging stations are operational and 24 are under construction. Apart from this, it has a battery supply agreement with a Chinese company till 2025.

The business of the company is going to grow continuously in the future because the demand for buses is continuously increasing and the coming time will be only for electric vehicles. In 2023, the company got orders for buses of a size equal to its market cap, which is going to increase continuously in the future.

If we look at the chart of Olectra Greentech, tremendous growth has been seen in it too. Its stock is up more than 600% over the past 5 years, with an increase of over 150% in 2023 alone. Below, in this post, you can check the stock prediction of Olectra Greentech from the present time to the coming 10 to 15 years, which will give you some idea of what level the share price of Olectra Greentech has the potential to reach in the coming years. A custom algorithm has been used for these price targets or predictions, which is based on deep learning and keeps changing based on price fluctuations, volume shifts, and market cycles.

Share Price Targets Last Updated on May 3, 2024 at 9:06:33 AM

Olectra Greentech Share Price Target in the Next 1, 3, 5, 7, and 10 Years

If we talk about the future stock price target for Olectra Greentech, it can increase to ₹3,170.02 in the coming 1 year. If we forecast the next 5 years according to the current scenario, then its value can increase to ₹9,172.53, and in the next 10 years, it can increase to ₹17,136.07.

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Olectra Greentech Share Price Target 2024, 2025, 2026, 2027, 2028, 2030, 2032, 2035

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Olectra Greentech Share Price Target 2024

The current trend of the share market is likely to remain the same in the future. Although some volatility may be seen, the company’s stock price may reach ₹2,805.98 per share by the end of 2024.

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Olectra Greentech Share Price Target 2025

According to current market analysis, the company’s stock price can reach ₹4,145.65 per share by the end of 2025.

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Olectra Greentech Share Price Target 2026

If we estimate the share price target of Olectra Greentech by 2026, then it can reach the price of ₹5,635.34.

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Olectra Greentech Share Price Target 2027

By 2027, the price of Olectra Greentech shares may increase up to ₹7,329.13.

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Olectra Greentech Share Price Target 2028

Olectra Greentech share price may see a rise to ₹9,020.77 by the end of 2028.

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Olectra Greentech Share Price Target 2031

By 2031, the price of Olectra Greentech shares may increase up to ₹13,598.15.

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Olectra Greentech Share Price Target 2035

If we look at the possibility of an increase in the price of Olectra Greentech shares by 2035, then it can increase up to ₹19,894.00.

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FAQ: Olectra Greentech Share Price Target

Disclaimer: This article is for informational purposes only and should not be considered investment advice. The price targets or predictions provided are generated by a custom algorithm using deep learning, which may change due to market fluctuations, volume shifts, and market cycles. It is strongly recommended not to base investments solely on the target price mentioned.