Olectra Greentech Limited Share Price Today

Techno Funda Ratings

RS Rating
65
Good
EPS Rating
76
Strong
A/D Rating
A
Excellent

Key Metrics

Current Price

₹1346.7

Market Cap

₹ 11,054 Cr.

Stock P/E

62.3

ROE

15.6 %

RSI

37.28

Trend

Bullish

Share Price Chart

Technical Commentary

Olectra Greentech Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of A, a Relative Strength Rating of 65 and an EPS Rating of 76. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Speculative Momentum Phase (Neutral / Hold). Olectra Greentech Ltd is trading above its 50 DMA (1345.5), but it lacks the powerful fundamental support typically required to sustain an extended bull run, as evidenced by a trailing Stock P/E of 62.3 and an ROE of 15.6%. Market relative strength is mediocre (RS Rating: 65), indicating that current price discovery is driven by short-term speculative indexing rather than aggressive institutional backing (A/D Grade: A). While short-term long positions remain valid as long as the price stays above key support floors, conservative market participants should avoid sizing up heavily here. Maintain a neutral profile, trail defensive stops tightly below the 50 DMA, and watch for a decisive high-volume catalyst.

Company Overview

Olectra Greentech Limited was incorporated in 2000 . The Company is primarily engaged in the manufacturing of composite polymer insulators and electrical buses. Its registered office is in Hyderabad. [1] [2]

Olectra Greentech Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Olectra Greentech Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Olectra Greentech Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price1346.7
RSI (14)37.28
50 DMA1345.5
200 DMA1240.55
TrendBullish
A/D RatingA
RS Rating65
EPS Rating76
TI651.05
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for Olectra Greentech Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹1416.8
R2₹1400.5
R1₹1373.6
PP₹1357.3
S1₹1330.4
S2₹1314.1
S3₹1287.2

Financial Ratios

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MetricValue
Market Cap₹ 11,054 Cr.
Current Price₹ 1,347
High / Low₹ 1,714 / 867
Stock P/E62.3
Book Value₹ 150
Dividend Yield0.03 %
ROCE21.0 %
ROE15.6 %
Face Value₹ 4.00

Quarterly Results

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QuarterSalesProfitOPM
Mar 20233762813%
Jun 20232161819%
Sep 20233071913%
Dec 20233422714%
Mar 20242891512%
Jun 20243142414%
Sep 20245244816%
Dec 20245154715%
Mar 20254492112%
Jun 20253472614%
Sep 20256574914%
Dec 20256644714%
Mar 20266455715%

Shareholding Pattern

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HolderHolding
Promoters 50.85%
FIIs 0.00%
DIIs 0.28%
Public 48.87%
No. of Shareholders9,169

Pros and Cons

Pros

  • Healthy return on equity of 15.6% indicating strong capital allocation efficiency.
  • Strong technical momentum with price holding comfortably above the 50 DMA (1345.5).

Cons

  • Valuation metrics appear elevated with a trailing P/E of 62.3, demanding high performance requirements.

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Frequently Asked Questions

What is the current technical trend and RSI for Olectra Greentech Ltd share?

Based on the latest closing data, the technical momentum for Olectra Greentech Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 37.28, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (1345.5) defining immediate multi-day trend patterns.

What are the key resistance and support pivot points for Olectra Greentech Ltd?

According to Classic Pivot Point methodologies, the core trading floor for Olectra Greentech Ltd today centers at a Pivot Point (PP) of ₹1357.3. Upside resistance challenges are calculated at R1: ₹1373.6, R2: ₹1400.5, and R3: ₹1416.8. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹1330.4, S2: ₹1314.1, and S3: ₹1287.2.

How does the fundamental ROE and P/E ratio look for Olectra Greentech Ltd?

Olectra Greentech Ltd is currently trading with a valuation metrics context of a Stock P/E of 62.3, against a core structural efficiency Return on Equity (ROE) standing at 15.6 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 76, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

Should I buy or sell Olectra Greentech Ltd shares based on corporate rankings?

Our dynamic trade matrix suggests a status of: Speculative Momentum Phase (Neutral / Hold). Olectra Greentech Ltd is trading ab... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of A, a Relative Strength (RS) ranking of 65, and long-term trend backing from the TI65 indicator (Neutral pattern).

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