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Surana Solar Ltd (SURANASOL)

₹41.225%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's High

    ₹41.22
    ₹43.35
  • 52 Week's Low

    52 Week's High

    ₹21.25
    ₹46.9
1 Month Return+ 10.63 %
3 Month Return+ 1.26 %
1 Year Return+ 49.36 %
Previous Close₹43.39
Open₹43.35
Volume10.58L
Upper Circuit-
Lower Circuit-
Market Cap₹213.51Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹213.51 Cr
P/B Ratio2.79
EPS0

Company Information

Surana Ventures Ltd, part of the Surana Group, was founded in Hyderabad India in November 2006 and specializes in the manufacturing of Solar Energy Systems. Their focus is on Solar Photovoltaic PV Modules; offering high quality and excellent price-performance ratios in the local market. The company has two manufacturing units, one at Fabcity SEZ in Hyderabad and the other at Cherlapally, and their products are sold solely under the brand “Surana Ventures”. The group entered into a joint venture in 2008 with Surana Telecom and Power Ltd and Bhagyanagar India Ltd, in which 49 shares were held by each party, and 2 were held by the promoter group. The company merged the Solar Business of Surana Telecom and Power Ltd in 2009-10. Their shares were successfully listed on both the Bombay Stock Exchange and National Stock Exchange of India in 2011. In order to back integrate, the company has placed orders and started building construction for a 35MW PV Cell Line from Germany, at a cost of Rs. 90 crores and a fully automated Solar Module Plant worth Rs. 10 crores.

Share Price: ₹41.22 per share as on 22 Jul, 2024 04:01 PM
Market Capitalisation: ₹213.51Cr as of today
Listing date: 07 Jan, 2011
OrganisationSurana Solar Ltd
Headquarters
IndustryCapital Goods - Electrical Equipment
E-voting on sharesClick here to vote

Key events for Surana Solar Ltd

  • Surana Solar Q1 Results Show Strong Growth - 19 Jul, 2024

    Surana Solar's Q1 results show a 72% YoY increase in revenue and a 13.95% YoY increase in profit. The company delivered a 7.21% return in the last week, 14.01% return in the last 6 months, and 24.11% YTD return. EPS for Q1 increased by 20% YoY to ₹0.06. Market cap is ₹203.37 Cr with a 52wk high/low of ₹46.9 & ₹21.25 respectively.

Insights on Surana Solar Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 0.19% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 50.02% to 53.09% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, SURANASOL stock has moved up by 10.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Inox Wind Energy Ltd has given 960.2% return, outperforming this stock by 774.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Insolation Energy Ltd has given 1564.1% return, outperforming this stock by 1514.8%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 49.95% to 46.68% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2024Y/Y Change
Total Assets
₹59.00Cr
↓1.02%
Total Liabilities
₹2.84Cr
↑29.68%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹0.11Cr
↓98.89%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
46.68%
-6.53
Foreign Institutions
0.19%
0.00
Mutual Funds
0.03%
0.00
Retail Investors
53.09%
6.15
Others
0.01%
0.00

Key Indicators

Earnings and Dividends

  • Surana Solar Ltd Earnings Results

    Surana Solar Ltd’s net profit jumped 16.67% since last year same period to ₹0.28Cr in the Q1 2024-2025. On a quarterly growth basis, Surana Solar Ltd has generated 286.67% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Surana Solar Ltd Dividends May,2015

    In the quarter ending March 2015, Surana Solar Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.15%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Surana Solar Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Surana Solar Ltd (SURANASOL) share price today is ₹41.22

Surana Solar Ltd is listed on NSE

Surana Solar Ltd is listed on BSE

  • Today’s highest price of Surana Solar Ltd is ₹43.35.
  • Today’s lowest price of Surana Solar Ltd is ₹41.22.

Today’s traded volume of Surana Solar Ltd(SURANASOL) is 10.58L.

Today’s market capitalisation of Surana Solar Ltd(SURANASOL) is ₹213.51Cr.

Surana Solar Ltd(SURANASOLPrice
52 Week High
₹46.9
52 Week Low
₹21.25

Surana Solar Ltd(SURANASOL) share price is ₹41.22. It is down -12.11% from its 52 Week High price of ₹46.9

Surana Solar Ltd(SURANASOL) share price is ₹41.22. It is up 93.98% from its 52 Week Low price of ₹21.25

Surana Solar Ltd(SURANASOLReturns
1 Day Returns
-2.17%
1 Month Returns
10.63%
3 Month Returns
1.26%
1 Year Returns
49.36%