Olectra Greentech Ltd

Stage 3 · Topping · week 6

As of 16 Oct 2026, Olectra Greentech is in Stage 3 — topping, where an uptrend loses steam, in week 6 (since 4 Sep 2026). It closed at ₹1,066, 31.1% below its 52-week high and below its 200-day average, which is falling. In Industrials, 26.3% of stocks are in Stage 2.

Olectra Greentech Limited manufactures and sells electric buses and trucks in India. More about the company

₹1,066.3
+0.88% today
₹8,752 Cr · Mid cap
Market Neutral — FadingIndustrials 26.3% in Stage 2-1.5 pts / 20dElectrical Components & Equipments 37.2%+2.3 pts

Pro read

Pro

Our read

Topping — the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

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Is OLECTRA early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-31.1%
₹880.5 lo₹1,548.5 hi
31.1% below 52W high — weakening from peak
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 6
1w13w26w
Week 6 — distribution, avoid new longs
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-11.3%
200 DMA: ₹1,201.5 · sloping down
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.43x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
↓
MA20 rolling over · -5.8% vs MA50 -7.0%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-8.7%
3M
-20.8%
6M
-12.2%
YTD
-9.9%
1Y
-30.2%
Sector
Industrials
↓ Peaking
Stage 2%
26.3%
20d Δ
-1.5pp
1M return
-0.9%
3M return
-2.4%
Sector Stage-2 % · last 20 days
Sector has 129 Stage 2 leaders. See Industrials Stage 2 →
Industry
Electrical Components & Equipments
↑ Building
Stage 2%
37.2%
20d Δ
+2.3pp
1M return
-1.3%
3M return
+5.5%
Industry Stage-2 % · last 20 days
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 20w
S4 26w
S4 16w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 12w → S3 9w → S2 20w → S3 10w → S2 3w → S3 4w → S4 7w → S1 3w → S4 26w → S1 13w → S2 12w → S3 7w → S4 16w → S1 8w → S2 11w → S3 6w current
Total tracked: 168 weeks across 16 stage runs.
Scan Membership
Pullback Hunter
Latest: 2026-07-22
Prop Scan
Latest: 2026-07-22
Breakout Watch
Latest: 2026-06-22
27 appearances in last 60 days. First seen: 2024-07-18.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding — staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-16S3
Wk 6 · Vol 0.43x
2026-10-15S3
Wk 6 · Vol 0.37x
2026-10-14S3
Wk 6 · Vol 0.50x
2026-10-13S3
Wk 6 · Vol 0.62x
2026-10-12S3
Wk 5 · Vol 0.42x
2026-10-09S3
Wk 5 · Vol 0.54x
2026-10-08S3
Wk 5 · Vol 1.32x
2026-10-07S3
Wk 5 · Vol 0.64x
2026-10-06S3
Wk 5 · Vol 0.57x
2026-10-05S3
Wk 4 · Vol 1.09x
2026-10-01S3
Wk 4 · Vol 1.68x
2026-09-30S3
Wk 4 · Vol 1.06x
Sector Peers — Stage 2All →
BHAGYANGR
wk 25 · 0.0% from hi
9.8
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHIVAUM
wk 28 · 0.0% from hi
8.4
SHREEJISPG
wk 17 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
Moving averages & range
50 DMA
₹1,222.2
200 DMA
₹1,201.5
52W High
₹1,548.5
52W Low
₹880.5
5D Low
₹1,047.5
Resistance levels (recent highs)
20d High
₹1,275.9
60d High
₹1,399.4
120d High
₹1,537.8
250d High
₹1,548.5
Next resistance
+19.7%
to 20d High
Ask the Market AI about OLECTRAAsk →
P/E (TTM)
70.3
Forward 28.4
Earnings Growth (YoY)
+0.2%
Revenue +28.8%
Dividend Yield
0.03%
P/B 9.0
About this companyIndustrials· Electrical Components & Equipments

Olectra Greentech Limited manufactures and sells electric buses and trucks in India. It operates in two segments, Composite Polymer Insulators and E-Vehicle. The company offers electric tippers. It also provides 1200KV, 330-420KV, 220-245KV, 110-132KV, 52-77KV, 33-36KV, 22-28KV, and 10-15KV composite polymer insulators for transmission and distribution; and tonne, bracket tube, and stay arm insulators for railways. It serves state and central government bodies, and power generation and distribution corporations; private power generation companies; and multinational infrastructure companies. The company was formerly known as Goldstone Infratech Limited and changed its name to Olectra Greentech Limited in July 2018. Olectra Greentech Limited was incorporated in 2000 and is headquartered in Hyderabad, India.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.