Olectra Greentech Share Price Target 2025: Can the Stock Touch ₹1,485?
Olectra Greentech, a leading player in electric buses and composite insulators, has been showing a recovery after recent market corrections. Investors are now watching if the stock can reclaim higher levels, with targets eyeing ₹1,485 by 2025.
About Olectra Greentech
Olectra Greentech, part of the MEIL group, is a pioneer in electric buses and a key supplier of composite insulators. As India pushes towards clean mobility and green energy, Olectra’s prospects remain strong.
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Current Price: ₹1,283.70 (NSE: OLECTRA)
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Market Cap: ₹10,400+ crore
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52-Week Range: ₹989.95 – ₹1,787.00
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P/E Ratio: ~75x
Technical Analysis Overview
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Current Trend: Neutral to Slightly Bullish
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Key Indicators:
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RSI: ~58 (neutral/bullish)
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MACD: Showing bullish crossover
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Moving Averages: Price is above 25, 50, 100, and 200-Day MAs
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Volume: Increasing on up days — a positive sign for momentum.
Support & Resistance Levels
| Type | Price Range |
|---|---|
| Support | ₹1,257 – ₹1,270 |
| Resistance | ₹1,300 – ₹1,320 |
| Next Resistance | ₹1,385 – ₹1,485 |
A breakout above ₹1,300 could trigger a rally towards ₹1,385 and then ₹1,485.
Olectra Greentech Share Price Target 2025
| Timeframe | Target Price Range | Potential Upside |
|---|---|---|
| Short-Term | ₹1,300 – ₹1,320 | +1% to 3% |
| Medium-Term | ₹1,385 | +8% |
| Long-Term | ₹1,485 | +16% |
According to analyst estimates and technical models, ₹1,485 is achievable by 2025 if the stock maintains its current momentum.
Suggested Trading Strategy
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Entry Point: ₹1,270 – ₹1,285
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Buy Confirmation: Close above ₹1,300
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Profit Booking Levels: ₹1,320 → ₹1,385 → ₹1,485
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Stop-Loss: ₹1,250
Risks to Consider
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A fall below ₹1,257 may weaken the bullish outlook.
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The stock is trading at a high valuation (P/E ~75x), raising correction risks.
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Policy changes in the EV and power sectors can impact growth projections.
Summary
| Metric | Value |
|---|---|
| Current Price | ₹1,283.70 |
| Support | ₹1,257 – ₹1,270 |
| Resistance | ₹1,300 – ₹1,485 |
| 2025 Target | ₹1,485 |
| Trend | Bullish above ₹1,300 |
| Risk Level | Medium to High |
Olectra Greentech holds promising potential for long-term investors, especially if it decisively breaks the ₹1,300 resistance. With EV demand and infrastructure development in focus, the 2025 target of ₹1,485 remains realistic, subject to market stability.
