Solex Energy
Solex Energy Performance
Day Range
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- High
52 Week Range
- Low
- High
- Open Price
- Previous Close
- Volume
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 close to its 50DMA and comfortably placed above its 200DMA, around 26% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -5% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 15 which is a POOR score indicating inconsistency in earnings, a RS Rating of 91 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 36 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 is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.
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
- ___
- 8
- Bearish Moving Average
- ___
- 8
- 20 Day
- ₹423.05
- 50 Day
- ₹402.56
- 100 Day
- ₹372.69
- 200 Day
- ₹321.65
- 20 Day
- ₹427.81
- 50 Day
- ₹410.56
- 100 Day
- ₹362.45
- 200 Day
- ₹330.77
Solex Energy Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹435.77 |
| Second Resistance | ₹452.89 |
| Third Resistance | ₹462.77 |
| RSI | 49.93 |
| MFI | 28.74 |
| MACD Single Line | 8.7 |
| MACD | 6.71 |
| Support | |
|---|---|
| First Resistance | ₹408.77 |
| Second Resistance | ₹398.89 |
| Third Resistance | ₹381.77 |
Solex Energy Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 22,800 | 1,759,932 | 77.19 |
| Week | 8,720 | 664,028 | 76.15 |
| 1 Month | 9,962 | 786,692 | 78.97 |
| 6 Month | 6,185 | 497,242 | 80.39 |
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 | 335 |
| Sales | 162 |
| Shares in Float | 0.23 |
| No of funds | |
| Yield | 0.03 |
| Book Value | 8.9 |
| U/D Vol ratio | 2.2 |
| LTDebt / Equity | 119 |
| Alpha | 0.54 |
| Beta | 0.79 |
Solex Energy
| Owner Name | Mar-23 | Sep-22 |
|---|---|---|
| Promoters | 70.65% | 70.65% |
| Individual Investors | 27.18% | |
| Others | 2.17% | 29.35% |
Solex Energy Management
| Name | Designation |
|---|---|
| Mr. Chetan Sureshchandra Shah | Executive Director |
| Mr. Kalpeshkumar Ramanbhai Patel | Executive Director |
| Mr. Piyush Kailashchandra Chandak | Executive Director |
| Mr. Anil Rathi | Non Executive Director |
| Mr. Vipul Mulchand Shah | Non Executive Director |
| Mr. Kamlesh Pravin Yagnik | Ind. Non-Executive Director |
| Mr. Rajeshbhai Tulsibhai Patel | Ind. Non-Executive Director |
| Mrs. Kiran Ritesh Shah | Woman Executive Director & CFO |
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 of Rs. 1(10%) per share on fully paid up equity share of Rs. 10 each |
| 2021-06-30 | Audited Results | (Revised) of Rs. 1(10%) per share on fully paid up equity share of Rs. 10 each |
Solex Energy FAQs
What is Share Price of Solex Energy ?
Solex Energy share price is ₹418 As on 11 June, 2023 | 07:08
What is the Market Cap of Solex Energy ?
The Market Cap of Solex Energy is ₹334.8 Cr As on 11 June, 2023 | 07:08
What is the P/E ratio of Solex Energy ?
The P/E ratio of Solex Energy is As on 11 June, 2023 | 07:08
What is the PB ratio of Solex Energy ?
The PB ratio of Solex Energy is 8.9 As on 11 June, 2023 | 07:08