SOLEX

₹1,555.00 +31.6 (2.07%)

21 Nov, 2024 14:14

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Performance

  • Low
  • ₹1,500
  • High
  • ₹1,570
  • 52 Week Low
  • ₹332
  • 52 Week High
  • ₹1,787
  • Open Price₹1,500
  • Previous Close₹1,523
  • Volume12,250

Investment Returns

  • Over 1 Month + 6.91%
  • Over 3 Month + 12.55%
  • Over 6 Month + 47.8%
  • Over 1 Year + 293.95%
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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
  • 1,680
  • P/B Ratio
  • 36.3
  • Average True Range
  • 88.43
  • EPS
  • 8.09
  • Dividend Yield
  • 0
  • MACD Signal
  • 40.27
  • RSI
  • 50.66
  • MFI
  • 69.25

Solex Energy Financials

Solex Energy Technicals

EMA & SMA

Current Price
₹1,555.00
+ 31.6 (2.07%)
pointer
  • stock-down_img
  • Bullish Moving Average 15
  • stock-up_img
  • Bearish Moving Average 1
  • 20 Day
  • ₹1,531.72
  • 50 Day
  • ₹1,466.60
  • 100 Day
  • ₹1,355.81
  • 200 Day
  • ₹1,147.50

Resistance and Support

1535.32 Pivot Speed
  • R3 1,623.18
  • R2 1,597.87
  • R1 1,560.63
  • S1 1,498.08
  • S2 1,472.77
  • S3 1,435.53

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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 trading close to its 50DMA and comfortably placed above its 200DMA, around 38% 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 -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 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 92 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 55 indicates it belongs to a fair industry group of Energy-Solar and a Master Score of B is close to being the best. Overall, the stock has great fundamentals and technical strength to stay in momentum.

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

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Solex Energy Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-11 Quarterly Results
2024-08-08 Bonus issue
2024-05-28 Audited Results & Dividend
2024-05-17 To consider Fund raising
2023-05-22 Audited Results & Dividend
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%

About Solex Energy

  • NSE Symbol
  • SOLEX
  • BSE Symbol
  • Chairman & Managing Director
  • Mr. Chetan Sureshchandra Shah
  • ISIN
  • INE880Y01017

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Solex Energy FAQs

Solex Energy share price is ₹1,555 As on 21 November, 2024 | 14:00

The Market Cap of Solex Energy is ₹1679.8 Cr As on 21 November, 2024 | 14:00

The P/E ratio of Solex Energy is As on 21 November, 2024 | 14:00

The PB ratio of Solex Energy is 36.3 As on 21 November, 2024 | 14:00

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Q2FY23