BRIGHT

BRIGHT SOLAR

Small Cap NSE: BRIGHT
₹5.55
0.05 (0.91%)
As on 04 December, 2022 | 14:15

Bright Solar Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Bright Solar Share Price

Bright Solar Share Returns

  • Over 1 Month 8.82%
  • Over 3 Month 7.77%
  • Over 6 Month 8.82%
  • Over 1 Year 12.12%

Bright Solar Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 11
Price to Book Ratio 0.4
EPS -3.6
Dividend 0
Relative Strength Index 52.65
Money Flow Index 74.58
MACD Signal 0.14
Average True Range 0.35

Bright Solar Investment Rating

  • Master Rating:
  • Bright Solar has an operating revenue of Rs. 112.59 Cr. on a trailing 12-month basis. An annual revenue de-growth of -70% needs improvement, Pre-tax margin of -103% needs improvement, ROE of -23% is poor and needs improvement. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -14% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 39 which is a POOR score indicating inconsistency in earnings, a RS Rating of 51 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 57 indicates it belongs to a fair industry group of Bldg-Heavy Construction and a Master Score of D is close to being the worst. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment. Please note that this is a thinly traded stock.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Bright Solar Financials
Indicator
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr

Bright Solar Technicals

EMA & SMA

Current Price
5.55
0.05 (0.91%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 5.47
  • 50 Day
  • 5.28
  • 100 Day
  • 5.19
  • 200 Day
  • 5.39
  • 20 Day
  • 5.45
  • 50 Day
  • 5.22
  • 100 Day
  • 4.99
  • 200 Day
  • 5.2

Bright Solar Resistance and Support

PIVOT
₹5.47
Resistance
First Resistance 5.54
Second Resistance 5.57
Third Resistance 5.64
RSI 52.65
MFI 74.58
MACD Single Line 0.15
MACD 0.12
Support
First Resistance 5.44
Second Resistance 5.37
Third Resistance 5.34

Bright Solar Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 18,000 1,800,000 100
Week 112,200 9,839,940 87.7
1 Month 195,000 15,243,150 78.17
6 Month 84,336 6,631,340 78.63

Bright Solar Result Highlights

Bright Solar Synopsis

NSE-Bldg-Heavy Construction

Bright Solar is involved in the business activities of Electric power generation using solar energy. Company’s Total Operating Revenue is Rs. 7.19 Cr. and Equity Capital is Rs. 20.40 Cr. for the Year ended 31/03/2022. Bright Solar Ltd. is a Public Limited Listed company incorporated on 23/04/2010 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L51109GJ2010PLC060377 and registration number is 060377.
Market Cap 11
Sales 7
Shares in Float 2.04
No of funds
Yield 0.22
Book Value 0.37
U/D Vol ratio 1.4
LTDebt / Equity 2
Alpha 0.1
Beta 0.64

Bright Solar

Owner NameSep-22Mar-22
Promoters 0.24%0.24%
Individual Investors 93.03%
Others 6.73%99.76%

Bright Solar Management

Name Designation
Mr. Piyushkumar Babubhai Thumar Chairman & Managing Director
Mr. Ajay Raj Singh Executive Director
Ms. Jagrutiben Joshi Non Executive Director
Mr. Viren Rajeshkumar Makwana Independent Director
Mrs. Shivangi Gajjar Independent Director

Bright Solar Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Bright Solar Corporate Action

Date Purpose Remarks
2022-11-15 Quarterly Results (Revised)
2021-11-11 Quarterly Results
2021-06-17 Audited Results & Dividend (Revised)
2021-06-14 Audited Results
2020-07-07 Audited Results & Dividend
Date Purpose Remarks
2021-09-17 FINAL Recommended Final Dividend of 0.01 per equity share

Bright Solar FAQs

What is Share Price of Bright Solar ?

Bright Solar share price is ₹5 As on 04 December, 2022 | 14:01

What is the Market Cap of Bright Solar ?

The Market Cap of Bright Solar is ₹11.3 Cr As on 04 December, 2022 | 14:01

What is the P/E ratio of Bright Solar ?

The P/E ratio of Bright Solar is As on 04 December, 2022 | 14:01

What is the PB ratio of Bright Solar ?

The PB ratio of Bright Solar is 0.4 As on 04 December, 2022 | 14:01

Q2FY23