Olectra Green- Trading ChannelPossible bull blag formation, trading in a channel. Levels mentioned below on the break of this channel where buying can be initiated. Break above will target its ATH 2K or above. Good to accumulate on dips.
Next report date
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13.70 INR
768.33 M INR
11.54 B INR
40.80 M
About OLECTRA GREENTECH LTD
Sector
Industry
CEO
Venkateswara Pradeep Karumuru
Website
Headquarters
Hyderabad
Founded
2000
ISIN
INE260D01016
FIGI
BBG000L55QS1
Olectra Greentech Ltd. is a holding company, which engages in the manufacturing of composite polymer insulators and electrical buses. It operates through the Insulator Division and E-Bus Division segments. The company was founded in 2000 and is headquartered in Hyderabad, India.
OLECTRA Greentech positionalcoiling on weekly
volume decreases during consolidation
Sales increasing QOQ
very less overhead supply
base on base.
rising 40 EMA
waiting for BO with good volume and RS for entry
Long Term InvestmentOLECTRA LTP: 1426
Targets: 1561/ 1681 / 1791 🤞🏻🤞🏻
Long-term: 2001/ 2222 / 2424/ 2801
May add on dips till 1280.
For investors with a long-term perspective and the ability to add on dips or hold calmly.
Time Frame: 4 to 10 months 🤞🏻
Trade/invest/track as per your risk management and investm
Olectra Pole and Flag Repeat ??The Olectra scrip has historically followed a pole and flag pattern and is the next flag exit coming soon in the near-term. This idea analyzes the chart on a weekly timeframe and discusses the factors to look out in order to participate in what could be the next uprun in this scrip.
Descending triangle pattern - Will it Breakout?Olectra Greentech: Growth Potential
Olectra Greentech is positioned for substantial growth in the electric vehicle (EV) sector. The company's recent financial performance highlights its potential:
Revenue Growth: A 45% increase in consolidated revenue.
Profitability: A 34% rise in profit aft
olectra **Olectra Greentech Ltd**
### 🔴 **Red Downtrend Line** (Resistance)
This red line represents a **downward resistance line** where the stock price has previously struggled to break above.
🛑 Every time the price has reached this line, it has reversed or dropped, showing that sellers have stepped in.
OLECTRA Triangle BreakoutOLECTRA Triangle Breakout
Good support taken during correction. Volume increasing. Breakout expected in coming week.
Refer Chart for support and resistance
SWING IDEA - OLECTRANSE:OLECTRA Greentech Ltd. has garnered significant interest recently, following the Government of India's announcement of an incentive scheme for electric vehicles (EVs). This development has positively impacted the stock's performance.
Key Observations:
1. Resistance Turned Support: The ₹1640
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of OLECTRA is 1,447.00 INR — it has increased by 0.41% in the past 24 hours. Watch OLECTRA GREENTECH LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange OLECTRA GREENTECH LTD stocks are traded under the ticker OLECTRA.
OLECTRA stock has fallen by −3.84% compared to the previous week, the month change is a −10.13% fall, over the last year OLECTRA GREENTECH LTD has showed a 15.11% increase.
We've gathered analysts' opinions on OLECTRA GREENTECH LTD future price: according to them, OLECTRA price has a max estimate of 1,972.30 INR and a min estimate of 1,972.30 INR. Watch OLECTRA chart and read a more detailed OLECTRA GREENTECH LTD stock forecast: see what analysts think of OLECTRA GREENTECH LTD and suggest that you do with its stocks.
OLECTRA reached its all-time high on Feb 22, 2024 with the price of 2,221.95 INR, and its all-time low was 3.40 INR and was reached on Jun 23, 2004. View more price dynamics on OLECTRA chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
OLECTRA stock is 2.60% volatile and has beta coefficient of 1.27. Track OLECTRA GREENTECH LTD stock price on the chart and check out the list of the most volatile stocks — is OLECTRA GREENTECH LTD there?
Today OLECTRA GREENTECH LTD has the market capitalization of 117.50 B, it has decreased by −5.19% over the last week.
Yes, you can track OLECTRA GREENTECH LTD financials in yearly and quarterly reports right on TradingView.
OLECTRA GREENTECH LTD is going to release the next earnings report on Jan 27, 2025. Keep track of upcoming events with our Earnings Calendar.
OLECTRA net income for the last quarter is 475.62 M INR, while the quarter before that showed 239.97 M INR of net income which accounts for 98.20% change. Track more OLECTRA GREENTECH LTD financial stats to get the full picture.
Yes, OLECTRA dividends are paid annually. The last dividend per share was 0.40 INR. As of today, Dividend Yield (TTM)% is 0.03%. Tracking OLECTRA GREENTECH LTD dividends might help you take more informed decisions.
OLECTRA GREENTECH LTD dividend yield was 0.02% in 2023, and payout ratio reached 4.27%. The year before the numbers were 0.06% and 5.01% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 30, 2024, the company has 895.00 employees. See our rating of the largest employees — is OLECTRA GREENTECH LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. OLECTRA GREENTECH LTD EBITDA is 2.08 B INR, and current EBITDA margin is 14.38%. See more stats in OLECTRA GREENTECH LTD financial statements.
Like other stocks, OLECTRA shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade OLECTRA GREENTECH LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So OLECTRA GREENTECH LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating OLECTRA GREENTECH LTD stock shows the neutral signal. See more of OLECTRA GREENTECH LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.