Olectra Greentech shares are trading at Rs 1285.90, marking a 5.49% increase in today's session. This surge positions the stock as a top gainer, driven by trading volumes exceeding its 5-day average. The stock is included in indices such as NIFTY 500, NIFTY Smallcap 100, NIFTY MIDSMALLCAP 400, NIFTY SMALLCAP 250, and Nifty Total Market.
Sentiment Shift:
Recent sentiment analysis indicates a shift from a neutral stance on March 19, 2025, when the closing price was Rs 1127.55, to a bullish outlook as of March 24, 2025, with a closing price of Rs 1291.40.
Financial Performance:
Olectra Greentech has demonstrated substantial growth in both revenue and net profit over the past few years. Here’s a summary of the company’s financial performance:
A look at the recent quarterly performance reveals the following:
The company's cash flow from operating activities for the year ending March 2024 was Rs 143 Cr.
Balance Sheet:
As of March 2024, Olectra Greentech's balance sheet highlights include:
Valuation ratios as of March 2024 indicate a P/E ratio of 201.77, a P/B ratio of 16.97, and a P/S ratio of 13.43.
The surge in Olectra Greentech shares reflects positive market sentiment, supported by strong financial performance and inclusion in key indices.
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