SOLEX

Solex Energy Share PriceSolex Energy

₹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

Start SIP in Solex Energy

Start SIP

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 %

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