SURANASOL

SURANA SOLAR

Small Cap BSE: 533298 NSE: SURANASOL
₹23.4
0.15 (0.65%)
As on 06 December, 2022 | 13:13

Surana Solar Performance

Day Range

  • Low
  • High

52 Week Range

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

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Surana Solar Share Price

Surana Solar Share Returns

  • Over 1 Month 4%
  • Over 3 Month -16.13%
  • Over 6 Month -0.85%
  • Over 1 Year 23.81%

Surana Solar Key Statistics

P/E Ratio 44
PEG Ratio 0.1
Market Cap Cr 115
Price to Book Ratio 2.1
EPS 0.2
Dividend 0
Relative Strength Index 52.85
Money Flow Index 61.94
MACD Signal -0.08
Average True Range 1.4

Surana Solar Investment Rating

  • Master Rating:
  • Surana Solar has an operating revenue of Rs. 31.79 Cr. on a trailing 12-month basis. An annual revenue de-growth of -9% needs improvement, Pre-tax margin of 5% is okay, ROE of 1% is fair but 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 trading close to its key moving averages, around 0% and 0% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 47 which is a POOR score indicating inconsistency in earnings, a RS Rating of 31 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 44 indicates it belongs to a fair industry group of Energy-Solar and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Surana Solar Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 1199310416
Operating Expenses Qtr Cr 1110828214
Operating Profit Qtr Cr 1010111
Depreciation Qtr Cr 1110111
Interest Qtr Cr 0000000
Tax Qtr Cr 0100000
Net Profit Qtr Cr 0200000

Surana Solar Technicals

EMA & SMA

Current Price
23.4
0.15 (0.65%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 22.89
  • 50 Day
  • 23.07
  • 100 Day
  • 23.14
  • 200 Day
  • 22.66
  • 20 Day
  • 22.7
  • 50 Day
  • 23.17
  • 100 Day
  • 23.13
  • 200 Day
  • 23.1

Surana Solar Resistance and Support

PIVOT
₹23.29
Resistance
First Resistance 23.52
Second Resistance 23.79
Third Resistance 24.02
RSI 52.85
MFI 61.94
MACD Single Line -0.08
MACD 0.05
Support
First Resistance 23.02
Second Resistance 22.79
Third Resistance 22.52

Surana Solar Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 58,569 4,987,736 85.16
Week 91,041 5,721,029 62.84
1 Month 141,302 8,726,799 61.76
6 Month 144,464 8,231,551 56.98

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. 24.83 Cr. and Equity Capital is Rs. 24.60 Cr. for the Year ended 31/03/2022. 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 115
Sales 32
Shares in Float 1.72
No of funds 5
Yield
Book Value 2.07
U/D Vol ratio 0.5
LTDebt / Equity
Alpha 0.1
Beta 1.08

Surana Solar

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 64.77%65.09%65.23%
Mutual Funds 0.03%0.03%0.03%
Foreign Portfolio Investors 0.01%
Financial Institutions/ Banks 0.01%0.01%
Individual Investors 31.17%31.76%31.48%
Others 4.02%3.11%3.25%

Surana Solar Management

Name Designation
Mr. G M Surana Chairman Emeritus
Mr. Manish Surana Whole Time 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

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
2022-10-31 Quarterly Results
2022-08-05 Quarterly Results
2022-05-02 Audited Results
2022-01-13 Quarterly Results
2021-10-19 Quarterly Results

Surana Solar FAQs

What is Share Price of Surana Solar ?

Surana Solar share price is ₹23 As on 06 December, 2022 | 12:59

What is the Market Cap of Surana Solar ?

The Market Cap of Surana Solar is ₹115.1 Cr As on 06 December, 2022 | 12:59

What is the P/E ratio of Surana Solar ?

The P/E ratio of Surana Solar is 44 As on 06 December, 2022 | 12:59

What is the PB ratio of Surana Solar ?

The PB ratio of Surana Solar is 2.1 As on 06 December, 2022 | 12:59

Q2FY23