Solex Energy
Solex Energy Performance
Day Range
- Low 450.00
- High 462.10
52 Week Range
- Low 261.00
- High 760.30
- Open Price462.10
- Previous Close462.10
- Volume3000
Start SIP in Solex Energy
Start SIPSolex 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
Indicator | Mar 2023 | Mar 2022 |
---|---|---|
Total Revenue Annual Cr | 164 | 73 |
Operating Expenses Annual Cr | 150 | 70 |
Operating Profit Annual in Cr | 11 | 2 |
Depreciation Cr | 5 | 0 |
Interest Annual Cr | 6 | 1 |
Tax Annual Cr | 1 | 0 |
Net Profit Annual Cr | 3 | 1 |
Solex Energy Technicals
EMA & SMA

- 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
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 Name | Sep-23 | Mar-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
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