Surana Solar Share Price
Start SIP in Surana Solar
Start SIPSurana Solar Performance
Day Range
- Low 54
- High 56
52 Week Range
- Low 24
- High 65
- Open Price56
- Previous Close55
- Volume88830
Surana Solar Investment Rating
-
Master Rating:
-
Surana Solar has an operating revenue of Rs. 33.98 Cr. on a trailing 12-month basis. An annual revenue de-growth of -60% needs improvement, Pre-tax margin of -5% needs improvement, ROE of -2% is poor and needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 34% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 51 which is a POOR score indicating inconsistency in earnings, a RS Rating of 84 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 53 indicates it belongs to a fair industry group of Energy-Solar and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.
Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 14 | 11 | 4 | 4 | 3 | 7 | 8 |
| Operating Expenses Qtr Cr | 14 | 11 | 4 | 4 | 4 | 6 | 7 |
| Operating Profit Qtr Cr | 1 | 0 | 0 | 0 | -1 | 0 | 1 |
| Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit Qtr Cr | 0 | 0 | 0 | 0 | -1 | 0 | 0 |
Surana Solar Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 7
- Bearish Moving Average
- ___
- 9
- 20 Day
- ₹55.00
- 50 Day
- ₹51.71
- 100 Day
- ₹47.26
- 200 Day
- ₹42.02
- 20 Day
- ₹55.24
- 50 Day
- ₹51.32
- 100 Day
- ₹44.94
- 200 Day
- ₹41.15
Surana Solar Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 55.87 |
| Second Resistance | 57.32 |
| Third Resistance | 58.35 |
| RSI | 50.05 |
| MFI | 63.35 |
| MACD Single Line | 1.13 |
| MACD | 0.72 |
| Support | |
|---|---|
| First Support | 53.39 |
| Second Support | 52.36 |
| Third Supoort | 50.91 |
Surana Solar Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 127,934 | 12,793,400 | 100 |
| Week | 156,852 | 15,685,180 | 100 |
| 1 Month | 340,453 | 34,045,341 | 100 |
| 6 Month | 497,057 | 35,952,129 | 72.33 |
Surana Solar Result Highlights
Surana Solar Synopsis
NSE-Energy-Solar
Surana Solar is involved in the business activities of Manufacture of other electrical equipment. Company’s Total Operating Revenue is Rs. 17.71 Cr. and Equity Capital is Rs. 24.60 Cr. for the Year ended 31/03/2024. Surana Solar Ltd. is a Public Limited Listed company incorporated on 08/11/2006 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L45200TG2006PLC051566 and registration number is 051566.| Market Cap | 268 |
| Sales | 34 |
| Shares in Float | 2.80 |
| No of funds | 6 |
| Yield |
| Book Value | 4.77 |
| U/D Vol ratio | 1.5 |
| LTDebt / Equity | |
| Alpha | 0.36 |
| Beta | 0.39 |
Surana Solar Shareholding Pattern
| Owner Name | Sep-24 | Jun-24 | Mar-24 | Dec-23 |
|---|---|---|---|---|
| Promoters | 42.89% | 46.68% | 49.95% | 62.31% |
| Mutual Funds | 0.03% | 0.03% | 0.03% | 0.03% |
| Foreign Portfolio Investors | 0.3% | 0.2% | 0.01% | 0.01% |
| Individual Investors | 49.84% | 47.16% | 44.48% | 33.17% |
| Others | 6.94% | 5.93% | 5.53% | 4.48% |
Surana Solar Management
| Name | Designation |
|---|---|
| Mr. Baunakar Shekarnath | Whole Time Director |
| Mr. Manish Surana | Non Executive Director |
| Mr. Narender Surana | Non Executive Director |
| Mr. Devendra Surana | Non Executive Director |
| Mr. R Surender Reddy | Independent Director |
| Mrs. Sanjana Jain | Independent Director |
| Mr. N Krupakar Reddy | Independent Director |
| Mr. Srinagesh Boorugu | Independent Director |
Surana Solar Forecast
Price Estimates
Surana Solar Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-10-21 | Quarterly Results & Preferential issue | |
| 2024-07-17 | Quarterly Results | |
| 2024-04-18 | Audited Results | |
| 2024-01-18 | Quarterly Results | |
| 2023-11-08 | Quarterly Results |
Surana Solar FAQs
What is Share Price of Surana Solar ?
Surana Solar share price is ₹54 As on 11 November, 2024 | 01:02
What is the Market Cap of Surana Solar ?
The Market Cap of Surana Solar is ₹267.8 Cr As on 11 November, 2024 | 01:02
What is the P/E ratio of Surana Solar ?
The P/E ratio of Surana Solar is 481.2 As on 11 November, 2024 | 01:02
What is the PB ratio of Surana Solar ?
The PB ratio of Surana Solar is 4.8 As on 11 November, 2024 | 01:02
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