OLECTRA - Swing Trade Analysis with AI Signals

Last Updated Time : 05 Nov 25, 7:43 am

Swing Trade Rating: 4.1

📊 Olectra offers a technically supported swing setup with strong ROCE and sector tailwinds. Entry is ideal around ₹1,480–₹1,505. If already held, consider exit near ₹1,680–₹1,710 unless trend strength confirms breakout.

Technical & Fundamental Snapshot

• Current Price: ₹1,515
• DMA 50 / 200: ₹1,501 / ₹1,418
• RSI: 52.4 (Neutral zone)
• MACD: -6.72 (Bearish crossover)
• PEG Ratio: 1.58 (Fair growth valuation)
• ROCE / ROE: 21.0% / 14.2%
• EPS: ₹17.2
• Volume: 4.23L vs Avg 5.07L

Positive

• Strong ROCE of 21% and ROE of 14.2%—efficient capital deployment
• Trading near DMA 50 support—low-risk entry zone
• FII holding increased by 1.38%—foreign confidence building
• EPS of ₹17.2 and consistent PAT—earnings stability
• Low debt-to-equity (0.20) supports financial resilience

Limitation

• MACD bearish—momentum needs confirmation
• Volume below average—lack of conviction
• High P/E of 88 vs industry PE of 34.4—valuation premium

Company Negative News

• Q2 PAT dipped slightly from ₹24.3 Cr. to ₹22.4 Cr.
• Valuation concerns raised by analysts due to high P/E

Company Positive News

• Olectra is a leader in electric bus manufacturing—EV sector exposure
• Government push for EVs and public transport supports long-term growth
• Delivered 1592% return in 5 years—strong historical performance

  OfficeChai

  +2

Industry

• EV sector gaining traction with policy support and rising demand
• Industry PE: 34.4 vs Olectra PE: 88—premium pricing for growth
• November outlook for Indian equities improving amid rate cut hopes

  Cafemutual

Conclusion

• Entry Zone: ₹1,480–₹1,505 (near DMA 50)
• Exit Zone: ₹1,680–₹1,710 (resistance near 52w high)
• Rating: 4.1 — swing candidate with sector tailwinds and technical support

Sources

Cafemutual

+3