SURANASOL

Surana Solar Share Price

₹54.43
-0.69 (-1.25%)
08 November, 2024 20:34 BSE: 533298 NSE: SURANASOL ISIN: INE272L01022

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Surana Solar Performance

Day Range

  • Low 54
  • High 56
₹ 54

52 Week Range

  • Low 24
  • High 65
₹ 54
  • Open Price56
  • Previous Close55
  • Volume88830

Surana Solar Chart

  • Over 1 Month -7.75%
  • Over 3 Month + 45.89%
  • Over 6 Month + 38.85%
  • Over 1 Year + 104.24%

Surana Solar Key Statistics

P/E Ratio 481.2
PEG Ratio 3
Market Cap Cr 268
Price to Book Ratio 4.8
EPS 0.3
Dividend 0
Relative Strength Index 50.05
Money Flow Index 63.35
MACD Signal 1.13
Average True Range 3.05

Surana Solar Investment Rating

  • Master Rating:
  • Surana Solar has an operating revenue of Rs. 33.98 Cr. on a trailing 12-month basis. An annual revenue de-growth of -60% needs improvement, Pre-tax margin of -5% needs improvement, ROE of -2% is poor and needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 10% and 36% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 51 which is a POOR score indicating inconsistency in earnings, a RS Rating of 84 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 53 indicates it belongs to a fair industry group of Energy-Solar and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

    Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Surana Solar Financials
IndicatorSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 141144378
Operating Expenses Qtr Cr 141144467
Operating Profit Qtr Cr 1000-101
Depreciation Qtr Cr 0000111
Interest Qtr Cr 0000000
Tax Qtr Cr 0000000
Net Profit Qtr Cr 0000-100
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1947
Operating Expenses Annual Cr 1841
Operating Profit Annual in Cr 01
Depreciation Cr 23
Interest Annual Cr 00
Tax Annual Cr 01
Net Profit Annual Cr -12
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 010
Cash from Investing Activity Annual Cr 00
Cash from Financing Annual Activity Cr 0-10
Net Cash Flow Annual Cr 00
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 5657
Fixed Assets Annual Cr 1420
Total Non Current Assets Annual Cr 2430
Total Current Assets Annual Cr 3530
Total Assets Annual Cr 5959
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 1112
ROE Annual % -24
ROCE Annual % -16
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 615
IndicatorSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2024Mar 2023
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 2024Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2024Mar 2023
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 2024Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Surana Solar Technicals

EMA & SMA

Current Price
₹54.43
-0.69 (-1.25%)
pointer
  • Bullish Moving Average
  • ___
  • 7
  • Bearish Moving Average
  • ___
  • 9
  • 20 Day
  • ₹55.00
  • 50 Day
  • ₹51.71
  • 100 Day
  • ₹47.26
  • 200 Day
  • ₹42.02
  • 20 Day
  • ₹55.24
  • 50 Day
  • ₹51.32
  • 100 Day
  • ₹44.94
  • 200 Day
  • ₹41.15

Surana Solar Resistance and Support

PIVOT
₹54.84
Resistance
First Resistance 55.87
Second Resistance 57.32
Third Resistance 58.35
RSI 50.05
MFI 63.35
MACD Single Line 1.13
MACD 0.72
Support
First Support 53.39
Second Support 52.36
Third Supoort 50.91

Surana Solar Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 127,934 12,793,400 100
Week 156,852 15,685,180 100
1 Month 340,453 34,045,341 100
6 Month 497,057 35,952,129 72.33

Surana Solar Result Highlights

Surana Solar Synopsis

NSE-Energy-Solar

Surana Solar is involved in the business activities of Manufacture of other electrical equipment. Company’s Total Operating Revenue is Rs. 17.71 Cr. and Equity Capital is Rs. 24.60 Cr. for the Year ended 31/03/2024. Surana Solar Ltd. is a Public Limited Listed company incorporated on 08/11/2006 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L45200TG2006PLC051566 and registration number is 051566.
Market Cap 271
Sales 34
Shares in Float 2.80
No of funds 6
Yield
Book Value 4.83
U/D Vol ratio 1.4
LTDebt / Equity
Alpha 0.33
Beta 0.39

Surana Solar Shareholding Pattern

Owner NameSep-24Jun-24Mar-24Dec-23
Promoters 42.89%46.68%49.95%62.31%
Mutual Funds 0.03%0.03%0.03%0.03%
Foreign Portfolio Investors 0.3%0.2%0.01%0.01%
Individual Investors 49.84%47.16%44.48%33.17%
Others 6.94%5.93%5.53%4.48%

Surana Solar Management

Name Designation
Mr. Baunakar Shekarnath Whole Time Director
Mr. Manish Surana Non Executive Director
Mr. Narender Surana Non Executive Director
Mr. Devendra Surana Non Executive Director
Mr. R Surender Reddy Independent Director
Mrs. Sanjana Jain Independent Director
Mr. N Krupakar Reddy Independent Director
Mr. Srinagesh Boorugu Independent Director

Surana Solar Forecast

Price Estimates

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

Other Analyst Rating

Surana Solar Corporate Action

Date Purpose Remarks
2024-10-21 Quarterly Results & Preferential issue
2024-07-17 Quarterly Results
2024-04-18 Audited Results
2024-01-18 Quarterly Results
2023-11-08 Quarterly Results

Surana Solar FAQs

What is Share Price of Surana Solar ?

Surana Solar share price is ₹54 As on 08 November, 2024 | 20:20

What is the Market Cap of Surana Solar ?

The Market Cap of Surana Solar is ₹267.8 Cr As on 08 November, 2024 | 20:20

What is the P/E ratio of Surana Solar ?

The P/E ratio of Surana Solar is 481.2 As on 08 November, 2024 | 20:20

What is the PB ratio of Surana Solar ?

The PB ratio of Surana Solar is 4.8 As on 08 November, 2024 | 20:20

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Q2FY23