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Olectra Greentech LtdNSE OLECTRA Stock Report

Last reporting period 30 Sep, 2024

Updated 13 Nov, 2024

Last price

Market cap $B

0.14

Micro

Exchange

XNSE - National Stock Exchange Of India

OLECTRA.NS Stock Analysis

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Neutral

Based on Eyestock quantitative analysis, OLECTRA.NS`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

81/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

18.9 %

Undervalued

Market cap $B

0.14

Dividend yield

0.03 %

Shares outstanding

82.081 B

Olectra Greentech Ltd. is a holding company, which engages in the manufacturing of composite polymer insulators and electrical buses. The company is headquartered in Hyderabad, Telangana and currently employs 348 full-time employees. The company went IPO on 2003-05-07. The firm operates through three segments: Insulator division, e-bus division, and e-truck division. Its main products include Power Insulators and Electric Buses. The company operates K9 buses (which is a 12-meter bus), K7 (which is a nine-meter bus) and K6 (which is a seven-meter bus). All these buses have a customizable seating capacity and are designed for long-range operations. The company has deployed its C9 buses as Puri Bus Service. The 12-meter bus is a 49-seater and is designed for long distance and intercity operations. Its other bus models are X2 Electric Bus, Electric Bus v2, iX Electric Bus, and CX2 Electric Coach Bus. The company offers various types of transmission and distribution composite insulators. The firm operates more than 1000 electric buses commercially in India.

View Section: Eyestock Rating