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Surana Solar Ltd

(SURANASOL)

₹47.931.94%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Surana Solar Ltd Performance

  • Day's Low

    Day's High

    ₹47.45
    Day's Price Range
    ₹49.98
  • 52 Week's Low

    52 Week's High

    ₹28.35
    52-Week Price Range
    ₹65.38
1 Month Return+ 2.47 %
3 Month Return+ 5.16 %
1 Year Return+ 46.35 %
Previous Close₹48.88
Open₹48.89
Volume77.88K
Upper Circuit-
Lower Circuit-
Market Cap₹242.93Cr

Surana Solar Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹242.93 Cr
P/B Ratio2.79
EPS0
Dividend Yield0
SectorCapital Goods - Electrical Equipment
ROE2.68

Surana Solar Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹242.93 Cr148.55%0.50NANA
NA₹97.34 Cr71.23%0.80NANA
NA₹7,025.14 Cr314.17%0.51₹118 Cr₹1,000 Cr
NA₹28.04 Cr-4.03%0.00NANA
NA₹238.82 Cr46.5%0.56₹1 Cr₹32 Cr

About Surana Solar Ltd

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 20092010 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 201213 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 202122.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..

Share Price: ₹47.93 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹242.93Cr 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 Stock Surges Significantly - 03 Oct, 2024

    Surana Solar's stock jumped 51.16% in ten days, reaching an all-time high of Rs 65.39. The company reported a 16.7% increase in net profit and a 72.1% rise in net sales for Q1 FY25 compared to Q1 FY24.
  • Surana Solar Secures 54 MW Solar Project in Maharashtra - 23 Sep, 2024

    Surana Solar Limited has been awarded a 54 MW solar project in Maharashtra under the PM-KUSUM Scheme. The project, costing ₹189 crores, must be commissioned within 12 months. This aligns with India's renewable energy goals.

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 0.19% to 0.30% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 53.09% to 56.78% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Insolation Energy Ltd has given 452.4% return, outperforming this stock by 409.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Inox Wind Energy Ltd has given 1232.5% return, outperforming this stock by 1120.6%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 46.68% to 42.89% in Sep 2024 quarter

Surana Solar Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹63.98Cr (-)₹68.66Cr (↑7.31%)₹59.61Cr (↓13.18%)₹59.00Cr (↓1.02%)
Total Liabilities₹9.69Cr (-)₹13.52Cr (↑39.53%)₹2.19Cr (↓83.80%)₹2.84Cr (↑29.68%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹10.80Cr (-)₹5.91Cr (↓45.28%)-₹8.16Cr (↓238.07%)₹9.92Cr (↓221.57%)₹0.11Cr (↓98.89%)

Surana Solar Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
42.89%
-8.13
Foreign Institutions
0.3%
60.26
Mutual Funds
0.03%
0.00
Retail Investors
56.78%
6.94
Others
0.01%
0.00

Surana Solar Ltd Key Indicators

Details20202021202220232024
Return On Equity %-0.260.391.55-0.432.68

Surana Solar Ltd Earnings and Dividends

  • Surana Solar Ltd Earnings Results

    Surana Solar Ltd’s net profit jumped 122.76% since last year same period to ₹0.33Cr in the Q2 2024-2025. On a quarterly growth basis, Surana Solar Ltd has generated 17.86% 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 1.04%.

    Read More about Dividends

Surana Solar Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

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Surana Solar Ltd (SURANASOL) share price today is ₹47.93

Surana Solar Ltd is listed on NSE

Surana Solar Ltd is listed on BSE

  • Today’s highest price of Surana Solar Ltd is ₹49.98.
  • Today’s lowest price of Surana Solar Ltd is ₹47.45.

Today’s traded volume of Surana Solar Ltd(SURANASOL) is 77.88K.

Today’s market capitalisation of Surana Solar Ltd(SURANASOL) is ₹242.93Cr.

Surana Solar Ltd(SURANASOLPrice
52 Week High
₹65.38
52 Week Low
₹28.35

Surana Solar Ltd(SURANASOL) share price is ₹47.93. It is down -26.69% from its 52 Week High price of ₹65.38

Surana Solar Ltd(SURANASOL) share price is ₹47.93. It is up 69.07% from its 52 Week Low price of ₹28.35

Surana Solar Ltd(SURANASOLReturns
1 Day Returns
-0.95%
1 Month Returns
2.47%
3 Month Returns
5.16%
1 Year Returns
46.35%