SOLEX

₹1,547.40 +9 (0.59%)

05 Nov, 2024 20:50

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Performance

  • Low
  • ₹1,511
  • High
  • ₹1,590
  • 52 Week Low
  • ₹332
  • 52 Week High
  • ₹1,717
  • Open Price₹1,559
  • Previous Close₹1,538
  • Volume29,625

Investment Returns

  • Over 1 Month -4.78%
  • Over 3 Month + 28.76%
  • Over 6 Month + 69.3%
  • Over 1 Year + 235.28%
SIP Lightning

Smart Investing Starts Here Start SIP with Solex Energy for Steady Growth!

Solex Energy Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • PEG Ratio
  • Market Cap Cr
  • 1,672
  • P/B Ratio
  • 36.1
  • Average True Range
  • 77.9
  • EPS
  • 8.1
  • Dividend Yield
  • 0
  • MACD Signal
  • 3.35
  • RSI
  • 61.21
  • MFI
  • 51.23

Solex Energy Financial

IndicatorMar 24Mar 23
Revenue From Operations [Gross]365.92161.71
Revenue From Operations [Net]365.92161.71
Total Operating Revenues365.92161.71
Total Revenue368.02164.39
Total Expenses356.47160.54
Profit/Loss Before Tax11.543.85
Profit/Loss For The Period8.732.71
IndicatorMar 24Mar 23
Net CashFlow - Operating Activity1.7120.69
Net Cash Used In Investing Activity-21.24-46.94
Net Cash Used in Finance Activity19.5926.00
Net Inc/Dec In Cash And Equivalent0.06-0.25
Cash And Equivalent End Of Year0.190.13
IndicatorMar 24Mar 23
Total Share Capital8.008.00
Total Non-Current Liabilities50.6848.70
Total Current Liabilities115.0454.45
Total Capital And Liabilities211.96140.78
Total Non-Current Assets60.4457.31
Total Current Assets151.5383.47
Total Assets211.96140.78
Indicator20242023
EBIT Margin (%)6.025.85
Return On Capital Employed (%)22.7410.96
Return On Equity (%)18.887.20
Long Term Debt To Equity (%)102.07118.87
Book Value/Share (INR)46.2437.63
Indicator20242023
EBIT Margin (%)6.025.85
Return On Capital Employed (%)22.7410.96
Return On Equity (%)18.887.20
Long Term Debt To Equity (%)102.07118.87
Book Value/Share (INR)46.2437.63

Solex Energy Technicals

EMA & SMA

Current Price
₹1,547.40
+ 9 (0.59%)
pointer
  • stock-down_img
  • Bullish Moving Average 16
  • stock-up_img
  • Bearish Moving Average 0
  • 20 Day
  • ₹1,448.45
  • 50 Day
  • ₹1,408.59
  • 100 Day
  • ₹1,306.80
  • 200 Day
  • ₹1,104.30

Resistance and Support

1549.48 Pivot Speed
  • R3 1,666.72
  • R2 1,628.33
  • R1 1,587.87
  • S1 1,509.02
  • S2 1,470.63
  • S3 1,430.17

Is Solex Energy Worth Buying?

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Solex Energy specializes in manufacturing solar energy solutions, including solar panels, inverters, and solar power systems. The company operates facilities in India and provides renewable energy solutions for residential, commercial, and industrial clients domestically and internationally. Solex Energy has an operating revenue of Rs. 679.58 Cr. on a trailing 12-month basis. An annual revenue growth of 124% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 18% is exceptional. The company has a high debt to equity of 102%, which can be a reason to worry. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 44% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 0% 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 67 which is a FAIR score but needs to improve its earnings, a RS Rating of 94 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 79 indicates it belongs to a poor industry group of Energy-Solar and a Master Score of B is close to being the best. 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. (+)

Solex Energy Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-08-08 Bonus issue
2024-05-28 Audited Results & Dividend
2024-05-17 To consider Fund raising
2023-05-22 Audited Results & Dividend
2022-11-14 Quarterly Results
Date Purpose Remarks
2024-09-20 Bonus Rs.0.00 issue of equity shares in the ratio of 1:4 of Rs. 10/-.

Solex Energy F&O

Solex Energy Shareholding Pattern

66.15%
0.03%
26.7%
7.12%
  • NSE Symbol
  • SOLEX
  • BSE Symbol
  • Chairman & Managing Director
  • Mr. Chetan Sureshchandra Shah
  • ISIN
  • INE880Y01017

Solex Energy FAQs

Solex Energy share price is ₹1,547 As on 05 November, 2024 | 20:36

The Market Cap of Solex Energy is ₹1671.6 Cr As on 05 November, 2024 | 20:36

The P/E ratio of Solex Energy is As on 05 November, 2024 | 20:36

The PB ratio of Solex Energy is 36.1 As on 05 November, 2024 | 20:36

Q2FY23
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