Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Red Flags Found

Olectra Greentech, part of Megha Engineering and Infrastructures Ltd, has developed its buses with technical support from China’s largest electric vehicle maker BYD.

Olectra Greentech receives letter of award for 50 e-buses from government transport authority

Olectra Greentech was locked in an upper circuit of 5% at Rs 839.35 after the company received letter of award for from 50 electric buses Evey from one of the State Transport Authorities under FAME-II scheme of Government of India.

Olectra Greentech hits the roof after receiving LoA for 50 buses

Jammu and Kashmir LG Manoj Sinha took a ride in Olectra Greentech’s electric bus from Raj Bhavan till Trikuta Nagar, which is on a trial run to augment inter-city and intra-city transport facilities

LG Manoj Sinha takes a ride in Olectra Greentech’s electric bus in Jammu

KV Pradeep, Chairman of automobile manufacturing firm, Olectra Greentech, speaks on manufacturing buses, trucks and also opening up new facility in Telangana. Listen in:

#OlectraGreentech #Automobiles #Trucks #Buses #BusinessToday #IndiaToday

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Olectra Greentech Chairman KV Pradeep Speaks On Company's Future Plans, New Facility In Telangana

Shares of Olectra Greentech were locked at 5 per cent upper circuit at Rs 854.95 on the BSE on Tuesday on expectation of healthy earnings growth going forward

Stock of this car & utility vehicles company has zoomed 115% in 3 months

To be set up with an investment of more than Rs 600 crore, the new facility is spread over 150 acres. Apart from buses, Olectra Greentech will also produce electric three-wheelers and trucks — the new segments the company is diversifying into, said a top executive. The company will be eligible for i…

Olectra Greentech to set up India’s biggest electric bus factory with 10000 units capacity

The EV maker acquired 2,600 equity shares of Rs101- each in Hyderabad-based Evey Trans (Jab).

Olectra Greentech hits upper circuit after acquisition of 26% stake in Evey

Evey shall procure the buses from Olectra Greentech and which shall be delivered over a period of 12 months. Maintenance of these buses shall also be undertaken by Olectra during the contract period. These transactions between the Company and Evey

Olectra to supply 100 electric buses under Govt.’s FAME II scheme

These transactions between the Company and EVEY are to be considered as related party transactions and shall be on arm’s length basis.

Olectra Greentech bags 100 electric buses order worth Rs140cr under FAME-II scheme

The total order book of Olectra for electric buses against the above and earlier orders are around 1,550 electric buses.

Olectra Greentech Ltd

Olectra Greentech Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Olectra Greentech receives letter of award for 50 e-buses from government transport authority

Olectra Greentech hits the roof after receiving LoA for 50 buses

LG Manoj Sinha takes a ride in Olectra Greentech’s electric bus in Jammu

News Video

Olectra Greentech Chairman KV Pradeep Speaks On Company's Future Plans, New Facility In Telangana

Stock of this car & utility vehicles company has zoomed 115% in 3 months

Olectra Greentech to set up India’s biggest electric bus factory with 10000 units capacity

Olectra Greentech hits upper circuit after acquisition of 26% stake in Evey

Olectra Greentech Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Olectra Greentech receives letter of award for 50 e-buses from government transport authority

Olectra Greentech hits the roof after receiving LoA for 50 buses

LG Manoj Sinha takes a ride in Olectra Greentech’s electric bus in Jammu

News Video

Olectra Greentech Chairman KV Pradeep Speaks On Company's Future Plans, New Facility In Telangana

Stock of this car & utility vehicles company has zoomed 115% in 3 months

Olectra Greentech to set up India’s biggest electric bus factory with 10000 units capacity

Olectra Greentech hits upper circuit after acquisition of 26% stake in Evey

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock