Olectra Greentech Share Price is in the news, last the company’s share has fallen nearly 6% today. The company has failed to deliver the Electric Bus to the Government of Maharashtra even after a revised schedule. Should you buy or sell? Check recommendations.
Olectra Greentech Share Price in The Market Today
As of today, 27th May 2025, the Olectra Greentech Share Price is at Rs 1270, which is 5.60% down already. Yesterday, Shares closed at 1345.40. The current UC limit is at Rs 1614.40, and the LC limit is at Rs 1076.40. The total market capitalization of the company stands around Rs 10,432 crores.
Company Financials
Olectra Greentech has reported its Q4 financial results already. This shows a solid 39% year-on-year growth in PAT. However quarterly total income has declined by 15.59% to Rs 288.81 Cr. Operating profits fell by 37.48% to 24.79 Cr, and PAT for q4 fell by 49.19% to Rs 13.71 Cr.
Recent News About Olectra Greentech
The company was given a revised schedule by the government of Maharashtra to deliver 1,000 Electric Buses. But not a single one has been delivered, which raises doubts about future deliveries. This led the transport minister to post on X, saying the tender agreement with the company should be cancelled.
Olectra Greentech Share Price Target
S&P Global Market Intelligence and INDmoney have suggested a Rs 1,485 price target for Olectra Greentech. Consensus also puts a target at Rs 1485.
Recommendation on Buy or Sell
As per the moneycontrol website, Analysts neither suggest buy nor sell but expect the stock can outperform. On the other hand, Consensus analysts suggested a buy for Olectra Greentech shares.
Disclaimer: All the information shared in this article is for informational purposes only. Any recommendations mentioned are made by individual analysts or experts. India Hood does not recommend buying or selling, nor will she be responsible. Investors are strongly advised to consult with certified experts before making any investment decisions.
