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Surana Solar Ltd share Price Today

Company details

36.10
38.20
18.55
46.90
6M Return 44.83%
1Y Return 83.94%
Mkt Cap.(Cr) 186.00
Volume 197,294
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 197,294

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Surana Solar Ltd shares SWOT Analysis

Strengths (4)

  • Company with No Debt
  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
  • Company with Zero Promoter Pledge

Weakness (7)

  • Promoter holding decreased by more than -2% QoQ
  • Negative profit growth, promoters decreasing shareholding QoQ
  • Degrowth in Revenue and Profit

Opportunity (3)

  • Positive Breakout First Resistance ( LTP > R1)
  • Highest Recovery from 52 Week Low
  • Stock with Low PE (PE < = 10)

Threats (4)

  • Promoter decreasing their shareholding
  • Big Deal (Insider and SAST) sells last month greater than 1% of total shares
  • Red Flag: Large Swings Between Profit and Loss

Resistance and support

R1 37.7
R2 38.3
R3 38.7
Pivot

37.37

S1 36.8
S2 36.4
S3 35.8
EMA SMA
39.1
38.2
36.0
32.3
40.4
37.8
36.5
31.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED Bulk Purchase 2024-04-15 40.06 291554 NSE
MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED Bulk Sell 2024-04-15 40.83 172090 NSE
DEVENDRA SURANA Bulk Sell 2024-01-23 41.9 585404 NSE
Name Category Shares
DEVENDRA SURANA PROMOTER 3.72%
ADVAIT SURANA PROMOTER 1.9%
NAMRATA SURANA PROMOTER 1.45%
RAHUL SURANA PROMOTER 0.93%
MANISH SURANA PROMOTER 0.92%
SUNITA SURANA PROMOTER 0.83%
MITALI SURANA PROMOTER 0.75%
SURANA TELECOM AND POWER LIMITED PROMOTER 38.43%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Surana Solar Ltd Stocks COMPARISON

Financials( in Cr) Surana Solar Ltd Siemens Ltd ABB India Ltd Bharat Heavy Electricals Ltd CG Power & Industrial Solutions Ltd
Price 37.80 7,185.35 8,371.35 299.90 654.55
% Change -0.53 0.93 3.55 2.93 2.03
Mcap Cr 186.00 255,884.68 177,395.60 104,427.07 99,971.58
Revenue TTM Cr 42.18 19,553.80 10,446.52 23,364.94 6,972.54
Net Profit TTM Cr 2.28 1,961.90 1,242.05 477.39 962.97
PE TTM 0.00 107.45 120.38 0.00 112.67
1 Year Return 83.94 87.44 117.13 272.78 97.06
ROCE -0.36 20.44 30.39 2.44 40.59
ROE -0.43 15.89 22.82 1.54 34.91
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 57.42 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,908.21 -32,861.14
LAST 3M 100,212.68 -40,336.57
LAST 6M 168,007.15 51,016.84
LAST 12M 259,938.69 133,487.81

Surana Solar Ltd Information

Stock PE (TTM)
0
Promoter Holding
49.95%
Book Value
11.4138
ROCE
-0.36%
ROE
-0.43%
Description
  • Surana Ventures Limited (SVL) was incorporated in the year 2006, a flagship Company of Surana Group. The Company manufactures Solar Energy Systems with the focus on Solar Photovoltaic PV Modules. They provide high quality Solar PV Modules with the best price performance ration in the Indian market. The Company has manufacturing units at Fabcity, SEZ, and Cherlapally, in Hyderabad. The products are sold under the brand "Surana Ventures" into the domestic market." During the year 2008, the Company entered into the business of manufacture of solar energy systems with focus on solar PV Modules. In the same year, the Company became Joint Venture Company of M/s. Surana Telecom And Power Limited and M/s. Bhagyanagar India Limited. During year 2009-2010, through the Scheme of Arrangement between the Company with M/s Surana Telecom And Power Limited, the "Solar Undertaking" of Surana Telecom and Power Limited was merged with the Company and the Scheme became effective on July 28, 2010. Accordingly, the shares of the company were listed on stock exchanges w.e.f 7th January, 2011. In 2012-13, M/s. Surana Solar Systems Private Limited ceased to be subsidiary of the Company w.e.f 10th June 2013. The Company installed cumulative capacity of 4.2 MW roof top solar through EPC in Telangana State in year 2021-22. Currently, the Company has 4 four Grid Connected Solar Power Plants commissioned in Gujarat and Telangana of 5 MW each. Their upcoming Power Projects of 30MW are to be set up in Karnataka, Andhra Pradesh and Tamilnadu.

Registered Address

Plot No 212/3 & 4 Phase II, IDA Cherlapally, Hyderabad, Telangana, 500051

Email : cs:surana.com; surana:surana.com
Website : http://www.suranaventures.com; www.surana.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 533298
NSE Code : SURANASOL
Book Closure Date (Month) : Sep
BSE Group : T
ISIN : INE272L01022

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