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    3. Solex Share Price

    Solex Energy Share PriceSolex Energy

    Small Cap Result
    ₹457.5
    -4.6 (-1%)
    As on 05 December, 2023 | 08:32 BSE: NSE: SOLEXISIN: INE880Y01017

    Solex Energy Performance

    Day Range

    • Low 450.00
    • High 462.10
    ₹ 457.5

    52 Week Range

    • Low 261.00
    • High 760.30
    ₹ 457.5
    • Open Price462.10
    • Previous Close462.10
    • Volume3000

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    Solex Energy Share Price

    • Over 1 Month -20.7%
    • Over 3 Month -32.66%
    • Over 6 Month 9.98%
    • Over 1 Year 41.84%

    Solex Energy Key Statistics

    P/E Ratio
    PEG Ratio
    Market Cap Cr 366
    Price to Book Ratio 9.7
    EPS 3.4
    Dividend 0
    Relative Strength Index 36.63
    Money Flow Index 26.79
    MACD Signal -25.49
    Average True Range 27.24

    Solex Energy Investment Rating

    • Master Rating:

    • Solex Energy has an operating revenue of Rs. 451.70 Cr. on a trailing 12-month basis. An annual revenue growth of 126% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 7% is fair but needs improvement. The company has a high debt to equity of 119%, which can be a reason to worry. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 67 which is a FAIR score but needs to improve its earnings, a RS Rating of 35 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D- which indicates heavy supply, Group Rank of 17 indicates it belongs to a strong industry group of Energy-Solar and a Master Score of C is fair but needs to improve. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Solex Energy Financials
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 16473
    Operating Expenses Annual Cr 15070
    Operating Profit Annual in Cr 112
    Depreciation Cr 50
    Interest Annual Cr 61
    Tax Annual Cr 10
    Net Profit Annual Cr 31
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 216
    Cash from Investing Activity Annual Cr -47-27
    Cash from Financing Annual Activity Cr 2622
    Net Cash Flow Annual Cr 00
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 3835
    Fixed Assets Annual Cr 5525
    Total Non Current Assets Annual Cr 5727
    Total Current Assets Annual Cr 8348
    Total Assets Annual Cr 14175
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 4744
    ROE Annual % 73
    ROCE Annual % 114
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 93
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr
    Operating Expenses Annual Cr
    Operating Profit Annual in Cr
    Depreciation Cr
    Interest Annual Cr
    Tax Annual Cr
    Net Profit Annual Cr
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr
    Cash from Investing Activity Annual Cr
    Cash from Financing Annual Activity Cr
    Net Cash Flow Annual Cr
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr
    Fixed Assets Annual Cr
    Total Non Current Assets Annual Cr
    Total Current Assets Annual Cr
    Total Assets Annual Cr
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs
    ROE Annual %
    ROCE Annual %
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin %
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    Solex Energy Technicals

    EMA & SMA

    Current Price
    ₹457.5
    -4.6 (-1%)
    pointer
    • Bullish Moving Average
    • ___
    • 0
    • Bearish Moving Average
    • ___
    • 16
    • 20 Day
    • ₹491.94
    • 50 Day
    • ₹530.41
    • 100 Day
    • ₹538.38
    • 200 Day
    • ₹491.98
    • 20 Day
    • ₹494.58
    • 50 Day
    • ₹538.89
    • 100 Day
    • ₹587.83
    • 200 Day
    • ₹491.00

    Solex Energy Resistance and Support

    PIVOT
    ₹456.54
    Resistance
    First Resistance 463.07
    Second Resistance 468.63
    Third Resistance 475.17
    RSI 36.63
    MFI 26.79
    MACD Single Line -25.49
    MACD -26.68
    Support
    First Resistance 450.97
    Second Resistance 444.43
    Third Resistance 438.87

    Solex Energy Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 3,000 279,990 93.33
    Week 6,840 600,005 87.72
    1 Month 16,980 1,166,017 68.67
    6 Month 12,374 903,069 72.98

    Solex Energy Result Highlights

    Solex Energy Synopsis

    NSE-Energy-Solar

    Solex Energy belongs to the Industry of Electric Equipment - General. Company’s Total Operating Revenue is Rs. 161.71 Cr. and Equity Capital is Rs. 8.00 Cr. for the Year ended 31/03/2023. Solex Energy Ltd. is a Public Limited Listed company incorporated on 13/10/2014 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L40106GJ2014PLC081036 and registration number is 081036.
    Market Cap 366
    Sales 162
    Shares in Float 0.23
    No of funds
    Yield 0.03
    Book Value 9.78
    U/D Vol ratio 0.6
    LTDebt / Equity 119
    Alpha 0.18
    Beta 0.56

    Solex Energy

    Owner NameSep-23Mar-23
    Promoters 70.65%70.65%
    Individual Investors 26.88%27.18%
    Others 2.47%2.17%

    Solex Energy Management

    Name Designation
    Mr. Chetan Sureshchandra Shah Chairman & Managing Director
    Mr. Kalpeshkumar Ramanbhai Patel Executive Director
    Mr. Piyush Kailashchandra Chandak Executive Director
    Mrs. Kiran Ritesh Shah Executive Director
    Mr. Vipul Mulchand Shah Non Executive Director
    Mr. Anil Rathi Non Executive Director
    Mr. Kamlesh Pravin Yagnik Independent Director
    Mr. Rajeshbhai Tulsibhai Patel Independent Director
    Mr. Amitkumar D Trivedi Independent Director

    Solex Energy Forecast

    Price Estimates

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

    Other Analyst Rating

    Solex Energy Corporate Action

    Date Purpose Remarks
    2023-05-22 Audited Results & Dividend
    2022-11-14 Quarterly Results
    2021-11-13 Quarterly Results
    2021-07-15 Others To consider other business matters a dividend @5% on equity shares of face value of Rs. 10/- each i.e Rs 0.50 Paisa per share.
    2021-06-30 Audited Results (Revised) a dividend @5% on equity shares of face value of Rs. 10/- each i.e Rs 0.50 Paisa per share.

    Solex Energy FAQs

    What is Share Price of Solex Energy ?

    Solex Energy share price is ₹457 As on 05 December, 2023 | 08:18

    What is the Market Cap of Solex Energy ?

    The Market Cap of Solex Energy is ₹366 Cr As on 05 December, 2023 | 08:18

    What is the P/E ratio of Solex Energy ?

    The P/E ratio of Solex Energy is As on 05 December, 2023 | 08:18

    What is the PB ratio of Solex Energy ?

    The PB ratio of Solex Energy is 9.7 As on 05 December, 2023 | 08:18

    Q2FY23

    More Information

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