SOLEX

Solex Energy Share PriceSolex Energy

₹390.00
18.2 (4.9%)
As on 27 March, 2023 | 13:23 BSE: NSE: SOLEX

Solex Energy Performance

Day Range

  • Low
  • High

52 Week Range

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

Start SIP in Solex Energy

Start SIP

Solex Energy Share Price

  • Over 1 Month 38.1%
  • Over 3 Month 48.91%
  • Over 6 Month -6.65%
  • Over 1 Year 293.94%

Solex Energy Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 312
Price to Book Ratio 8.9
EPS 1.2
Dividend 0
Relative Strength Index 74.88
Money Flow Index 70.56
MACD Signal -2.71
Average True Range 14.05

Solex Energy Investment Rating

  • Master Rating:
  • Solex Energy has an operating revenue of Rs. 439.05 Cr. on a trailing 12-month basis. An annual revenue de-growth of -9% needs improvement, Pre-tax margin of 2% needs improvement, ROE of 2% is fair but needs improvement. The company has a reasonable debt to equity of 37%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 17% and 40% from 50DMA and 200DMA. 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 95 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 90 indicates it belongs to a poor 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

Solex Energy Financials
IndicatorMar 2022
Total Revenue Annual Cr 73
Operating Expenses Annual Cr 70
Operating Profit Annual in Cr 2
Depreciation Cr 0
Interest Annual Cr 1
Tax Annual Cr 0
Net Profit Annual Cr 1

Solex Energy Technicals

EMA & SMA

Current Price
₹390.
18.2 (4.9%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 309.88
  • 50 Day
  • 310.28
  • 100 Day
  • 302.93
  • 200 Day
  • 263.9
  • 20 Day
  • 298.63
  • 50 Day
  • 315.33
  • 100 Day
  • 314.05
  • 200 Day
  • 265.1

Solex Energy Resistance and Support

PIVOT
₹364.54
Resistance
First Resistance 379.07
Second Resistance 386.34
Third Resistance 400.87
RSI 74.88
MFI 70.56
MACD Single Line -2.71
MACD 6.71
Support
First Resistance 357.27
Second Resistance 342.74
Third Resistance 335.47

Solex Energy Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 10,000 880,000 88
Week 6,720 583,968 86.9
1 Month 4,589 393,685 85.78
6 Month 8,165 687,779 84.24

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. 72.33 Cr. and Equity Capital is Rs. 8.00 Cr. for the Year ended 31/03/2022. 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 312
Sales 72
Shares in Float 0.23
No of funds
Yield 0.04
Book Value 8.49
U/D Vol ratio 0.9
LTDebt / Equity 37
Alpha 0.7
Beta 0.97

Solex Energy

Owner NameSep-22Mar-22
Promoters 70.65%70.65%
Others 29.35%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

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

Other Analyst Rating

Solex Energy FAQs

What is Share Price of Solex Energy ?

Solex Energy share price is ₹390 As on 27 March, 2023 | 13:09

What is the Market Cap of Solex Energy ?

The Market Cap of Solex Energy is ₹312 Cr As on 27 March, 2023 | 13:09

What is the P/E ratio of Solex Energy ?

The P/E ratio of Solex Energy is As on 27 March, 2023 | 13:09

What is the PB ratio of Solex Energy ?

The PB ratio of Solex Energy is 8.9 As on 27 March, 2023 | 13:09

Q2FY23

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number