Current price is more than the intrinsic value

Intrinsic Value

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

ROE 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

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Olectra Greentech advanced 1.73% to Rs 619.10 after the company’s consortium with Evey Trans received letter of award from one of the State Transport Corporations for 123 electric buses.

Olectra Greentech gains on securing contract for supplying 123 electric buses

This order for supply of 123 Electric Buses is on Gross Cost Contract (GCC) / OPEX model basis for a period of 15 years (Contract Period). Value of this Contract is approximately Rs. 185 crore to the Company.

Olectra Greentech bags order for supply of 123 electric buses

Olectra Greentech advanced 2.49% to Rs 654 after the company said that it has received letter of award (LoA) from one of the State Transport Corporations for 100 electric buses.

Olectra Greentech rises on bagging order for supply of 100 buses

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Stock that will see action on September 5, 2022

Olectra Greentech Limited said it has received a Letter of Award from Assam State Transport Corporations for 100 electric buses

Olectra gets order for 100 electric buses from Assam State Transport Corp

Electric mobility firm Olectra Greentech on Thursday said its board has approved a plan to raise up to Rs 800 crore through issuance of securities

Olectra Greentech plans to raise Rs 800 crore via issuance of securities

Board of Olectra Greentech to consider fund raising options

Olectra Greentech consolidated net profit rises 1159.85% in the June 2022 quarter

This 12-year contract for the supply of 300 electric buses is based on a Gross Cost Contract (GCC)/OPEX model (Contract Period)

Olectra Greentech secures order worth Rs500 crore for 300 Electric Buses; stock adds ~1.5%

Olectra Greentech Ltd (OLECTRA) will supply 300 electric buses worth Rs 500 crore to Telangana State Road Transport Corporation (TSRTC).

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

ROE 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 long term average ROE 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 gains on securing contract for supplying 123 electric buses

Olectra Greentech bags order for supply of 123 electric buses

Olectra Greentech rises on bagging order for supply of 100 buses

Stock that will see action on September 5, 2022

Olectra gets order for 100 electric buses from Assam State Transport Corp

Olectra Greentech plans to raise Rs 800 crore via issuance of securities

Board of Olectra Greentech to consider fund raising options

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

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE 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 gains on securing contract for supplying 123 electric buses

Olectra Greentech bags order for supply of 123 electric buses

Olectra Greentech rises on bagging order for supply of 100 buses

Stock that will see action on September 5, 2022

Olectra gets order for 100 electric buses from Assam State Transport Corp

Olectra Greentech plans to raise Rs 800 crore via issuance of securities

Board of Olectra Greentech to consider fund raising options

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

ROE 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 long term average ROE 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