Solex Energy Share Price
Start SIP in Solex Energy
Start SIPSolex Energy Performance
Day Range
- Low 1,600
- High 1,663
52 Week Range
- Low 415
- High 1,919
- Open Price1,610
- Previous Close1,615
- Volume11600
Solex Energy Investment Rating
-
Master Rating:
-
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 trading close to its 50DMA and comfortably placed above its 200DMA, around 49% 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 -1% 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 65 which is a FAIR score but needs to improve its earnings, a RS Rating of 91 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.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Mar 2024 | Mar 2023 |
|---|---|---|
| Total Revenue Annual Cr | 368 | 164 |
| Operating Expenses Annual Cr | 338 | 150 |
| Operating Profit Annual in Cr | 28 | 11 |
| Depreciation Cr | 8 | 5 |
| Interest Annual Cr | 11 | 6 |
| Tax Annual Cr | 3 | 1 |
| Net Profit Annual Cr | 9 | 3 |
Solex Energy Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 7
- Bearish Moving Average
- ___
- 9
- 20 Day
- ₹1,663.89
- 50 Day
- ₹1,614.36
- 100 Day
- ₹1,463.32
- 200 Day
- ₹1,207.99
- 20 Day
- ₹1,692.60
- 50 Day
- ₹1,619.90
- 100 Day
- ₹1,491.09
- 200 Day
- ₹1,086.68
Solex Energy Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 1,656.27 |
| Second Resistance | 1,691.13 |
| Third Resistance | 1,719.27 |
| RSI | 46.69 |
| MFI | 45.44 |
| MACD Single Line | 8.72 |
| MACD | -8.80 |
| Support | |
|---|---|
| First Support | 1,593.27 |
| Second Support | 1,565.13 |
| Third Supoort | 1,530.27 |
Solex Energy Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 11,600 | 779,984 | 67.24 |
| Week | 13,440 | 939,994 | 69.94 |
| 1 Month | 18,991 | 1,192,819 | 62.81 |
| 6 Month | 27,976 | 1,818,974 | 65.02 |
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 | 1,395 |
| Sales | 366 |
| Shares in Float | 0.29 |
| No of funds | 1 |
| Yield | 0.03 |
| Book Value | 27.93 |
| U/D Vol ratio | 1.5 |
| LTDebt / Equity | 102 |
| Alpha | 0.44 |
| Beta | 0.38 |
Solex Energy Shareholding Pattern
| Owner Name | Mar-24 | Sep-23 |
|---|---|---|
| Promoters | 70.66% | 70.65% |
| Individual Investors | 26.58% | 26.88% |
| Others | 2.76% | 2.47% |
Solex Energy Management
| Name | Designation |
|---|---|
| Mr. Chetan Sureshchandra Shah | Chairman & Managing Director |
| Mr. Kalpeshkumar Ramanbhai Patel | Executive Director |
| Mr. Piyush Kailashchandra Chandak | Executive Director |
| Mrs. Kiran Ritesh Shah | Executive Director |
| Mr. Vipul Mulchand Shah | Non Executive Director |
| Mr. Anil Rathi | Non Executive Director |
| Mr. Kamlesh Pravin Yagnik | Independent Director |
| Mr. Rajeshbhai Tulsibhai Patel | Independent Director |
| Mr. Amitkumar D Trivedi | Independent Director |
Solex Energy Forecast
Price Estimates
Solex Energy Corporate Action
| 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 |
Solex Energy FAQs
What is Share Price of Solex Energy ?
Solex Energy share price is ₹1,621 As on 18 September, 2024 | 02:24
What is the Market Cap of Solex Energy ?
The Market Cap of Solex Energy is ₹1401.2 Cr As on 18 September, 2024 | 02:24
What is the P/E ratio of Solex Energy ?
The P/E ratio of Solex Energy is As on 18 September, 2024 | 02:24
What is the PB ratio of Solex Energy ?
The PB ratio of Solex Energy is 30.3 As on 18 September, 2024 | 02:24