Emeren Group share price today

(SOL)

Emeren Group share price is $1.83 & ₹155.23 as on 12 Dec 2024, 2.30 'hrs' IST

$1.83

▲

-0.07

(-3.68%)

Market is closed - opens 8 PM, 12 Dec 2024

View live Emeren Group share price in Dollar and Rupees. Guide to invest in Emeren Group from India. Also see the sentimental analysis on Indian investors investing in Emeren Group. Get details on the Indian mutual funds that are investing in Emeren Group. Get Analyst recommendations and forecasts along with all the Emeren Group's financials.

Emeren Group share price movements

$1.83
$1.94
$1.83
0.27%
Downside
Day's Volatility :5.93%
Upside
5.67%
$1.41
$3.00
$1.83
22.95%
Downside
52 Weeks Volatility :53.0%
Upside
39.0%

Emeren Group Returns

Period	Emeren Group Ltd	Sector (Industrials)	Index (Russel 2000)
3 Months	-15.93%	8.4%	0.0%
6 Months	12.43%	13.9%	0.0%
1 Year	-24.0%	26.4%	0.0%
3 Years	-68.75%	31.9%	-20.0%

Emeren Group Key Statistics

in dollars & INR

Previous Close	$1.9
Open	$1.94
Today's High	$1.94
Today's Low	$1.825
Market Capitalization	$97.9M
Today's Volume	$177.4K
52 Week High	$3.0
52 Week Low	$1.41
Revenue TTM	$103.6M
EBITDA	$2.4M
Earnings Per Share (EPS)	$-0.31
Profit Margin	-16.29%
Quarterly Earnings Growth YOY	-0.92%
Return On Equity TTM	-4.75%

How to invest in Emeren Group from India?

It is very easy for Indian residents to invest directly in Emeren Group from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Emeren Group stock in both rupees (INR) and dollars (USD). Search for Emeren Group or SOL on INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Emeren Group or Rupee/ Dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Emeren Group shares which would translate to 0.464 fractional shares of Emeren Group as of today. Learn more about fractional investing here.

Indians via INDmoney can now also, easily transfer and add their money to the US stocks account via INDmoney App. Click here for step by step process for the same

Indian investors sentiment towards Emeren Group

105%

Period: Sep 12, 2024 to Dec 11, 2024. Change in 30 Days versus previous period

Search volume for Emeren Group on INDmoney from India has grown in the last 30 days as on Dec 12, 2024. 105% more investors are searching Emeren Group in the last 30 days versus the previous period.

Global Institutional Holdings in Emeren Group

Shah Capital Management
36.58%
Monaco Asset Management
2.66%
Amvescap Plc.
1.93%
GSA Capital Partners LLP
1.00%
Millennium Management LLC
0.55%
State Street Corp
0.24%

Analyst Recommendation on Emeren Group

Buy

75%Buy

25%Hold

0%Sell

Based on 8 Wall street analysts offering stock ratings for Emeren Group(by analysts ranked 0 to 5 stars)

Based on 8 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Emeren Group

What analysts predicted

Upside of 191.44%

Current:

$1.83

Target:

$5.33

Insights on Emeren Group

Price Movement
In the last 1 month, SOL stock has moved down by -10.8%
Decreasing Revenue
Revenue is down for the last 2 quarters, 30.05M → 12.86M (in $), with an average decrease of 57.2% per quarter
Increasing Net Profit
Netprofit is up for the last 6 quarters, -9.39M → 5.67M (in $), with an average increase of 283.3% per quarter
SOL vs FSLR (1 yr)
In the last 1 year, First Solar, Inc. has given 38.9% return, outperforming this stock by 59.4%
SOL vs FSLR (3 yr)
In the last 3 years, First Solar, Inc. has given 108.8% return, outperforming this stock by 175.5%
Price to Sales
ForSOL every $1 of sales, investors are willing to pay $1.0, whereas for First Solar, Inc., the investors are paying $5.6 for every $1 of sales.

Emeren Group Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$96.9M	↓ 5.89%
Net Income	$1.8M	↓ 94.9%
Net Profit Margin	1.82%	↓ 31.64%

	FY19	Y/Y Change
Revenue	$119.1M	↑ 22.92%
Net Income	$-11.7M	↓ 764.01%
Net Profit Margin	-9.81%	↓ 11.63%

	FY20	Y/Y Change
Revenue	$73.9M	↓ 37.95%
Net Income	$2.8M	↓ 123.79%
Net Profit Margin	3.76%	↑ 13.57%

	FY21	Y/Y Change
Revenue	$79.7M	↑ 7.77%
Net Income	$6.9M	↑ 146.95%
Net Profit Margin	8.61%	↑ 4.85%

	FY22	Y/Y Change
Revenue	$81.4M	↑ 2.2%
Net Income	$5.9M	↓ 13.97%
Net Profit Margin	7.25%	↓ 1.36%

	FY23	Y/Y Change
Revenue	$104.7M	↑ 28.57%
Net Income	$-9.3M	↓ 257.95%
Net Profit Margin	-8.91%	↓ 16.16%

	Q2 FY23	Q/Q Change
Revenue	$13.9M	↓ 58.79%
Net Income	$-9.4M	↓ 212.48%
Net Profit Margin	-67.32%	↓ 91.98%

	Q3 FY23	Q/Q Change
Revenue	$44.0M	↑ 215.46%
Net Income	$-8.1M	↓ 13.87%
Net Profit Margin	-18.38%	↑ 48.94%

	Q4 FY23	Q/Q Change
Revenue	$44.0M	↑ 0.0%
Net Income	$-8.1M	↑ 0.0%
Net Profit Margin	-18.38%	↑ 0.0%

	Q1 FY24	Q/Q Change
Revenue	$14.8M	↓ 66.39%
Net Income	$-4.4M	↓ 45.55%
Net Profit Margin	-29.78%	↓ 11.4%

	Q2 FY24	Q/Q Change
Revenue	$30.1M	↑ 103.27%
Net Income	$392.0K	↓ 108.9%
Net Profit Margin	1.3%	↑ 31.08%

	Q3 FY24	Q/Q Change
Revenue	$12.9M	↓ 57.21%
Net Income	$5.7M	↑ 1347.45%
Net Profit Margin	44.12%	↑ 42.82%

	FY18	Y/Y Change
Total Assets	$377.7M	↑ 12.52%
Total Liabilities	$253.0M	↑ 3.19%

	FY19	Y/Y Change
Total Assets	$319.9M	↓ 15.29%
Total Liabilities	$182.4M	↓ 27.92%

	FY20	Y/Y Change
Total Assets	$337.4M	↑ 5.44%
Total Liabilities	$153.6M	↓ 15.78%

	FY21	Y/Y Change
Total Assets	$529.3M	↑ 56.89%
Total Liabilities	$80.9M	↓ 47.36%

	FY22	Y/Y Change
Total Assets	$500.5M	↓ 5.43%
Total Liabilities	$101.0M	↑ 24.89%

	FY23	Y/Y Change
Total Assets	$478.0M	↓ 4.5%
Total Liabilities	$113.9M	↑ 12.83%

	Q2 FY23	Q/Q Change
Total Assets	$454.4M	↓ 4.87%
Total Liabilities	$93.8M	↓ 5.23%

	Q3 FY23	Q/Q Change
Total Assets	$478.4M	↑ 5.27%
Total Liabilities	$115.1M	↑ 22.74%

	Q4 FY23	Q/Q Change
Total Assets	$478.0M	↓ 0.08%
Total Liabilities	$113.9M	↓ 0.98%

	Q1 FY24	Q/Q Change
Total Assets	$462.9M	↓ 3.17%
Total Liabilities	$112.0M	↓ 1.72%

	Q2 FY24	Q/Q Change
Total Assets	$457.8M	↓ 1.1%
Total Liabilities	$110.2M	↓ 1.56%

	FY18	Y/Y Change
Operating Cash Flow	$-51.1M	↓ 377.19%
Investing Cash Flow	$-40.4M	↓ 74.16%
Financing Cash Flow	$85.8M	↓ 16.19%

	FY19	Y/Y Change
Operating Cash Flow	$55.9M	↓ 209.45%
Investing Cash Flow	$-1.6M	↓ 96.05%
Financing Cash Flow	$-39.3M	↓ 145.8%

	FY20	Y/Y Change
Operating Cash Flow	$-13.9M	↓ 124.92%
Investing Cash Flow	$510.0K	↓ 131.94%
Financing Cash Flow	$30.2M	↓ 176.78%

	FY21	Y/Y Change
Operating Cash Flow	$-6.4M	↓ 53.95%
Investing Cash Flow	$19.2M	↑ 3669.31%
Financing Cash Flow	$204.9M	↑ 578.92%

	FY22	Y/Y Change
Operating Cash Flow	$-35.3M	↑ 449.41%
Investing Cash Flow	$-44.4M	↓ 331.15%
Financing Cash Flow	$-70.3M	↓ 134.29%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$-4.6M	↑ 97.37%
Investing Cash Flow	$116.0K	↓ 106.22%
Financing Cash Flow	$-6.7M	↓ 678.45%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$7.2M	↓ 255.84%
Investing Cash Flow	$10.1M	↑ 8622.41%
Financing Cash Flow	$-3.7M	↓ 45.25%

Emeren Group Technicals Summary

Sell

Neutral

Buy

Emeren Group is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Emeren Group Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Emeren Group Ltd	-5.94%	12.43%	-24.0%	-68.75%	25.84%
Nextracker Inc.	-6.64%	-38.96%	-14.43%	21.31%	21.31%
Sunrun Inc.	3.03%	-24.01%	-29.55%	-74.97%	-26.09%
Enphase Energy, Inc.	16.95%	-42.61%	-30.81%	-65.13%	189.01%
Jinkosolar Holding Co., Ltd.	27.01%	17.42%	-10.51%	-38.16%	32.02%
First Solar, Inc.	4.69%	-30.4%	38.46%	109.05%	258.96%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Emeren Group Ltd	18.1	NA	0.75	0.09	-0.05	-0.01	NA	6.07
Nextracker Inc.	9.24	9.24	2.51	2.72	0.61	0.19	NA	8.82
Sunrun Inc.	26.0	NA	0.45	-0.26	-0.21	-0.02	NA	23.55
Enphase Energy, Inc.	161.85	161.85	1.43	2.18	0.06	0.01	NA	6.9
Jinkosolar Holding Co., Ltd.	38.37	38.37	0.26	1.62	0.03	0.0	0.1	392.72
First Solar, Inc.	17.48	17.48	0.3	13.25	0.18	0.08	NA	70.93

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Emeren Group Ltd	Buy	$97.9M	25.84%	18.1	-16.29%
Nextracker Inc.	Buy	$5.7B	21.31%	9.24	17.26%
Sunrun Inc.	Buy	$2.4B	-26.09%	26.0	-18.8%
Enphase Energy, Inc.	Buy	$10.3B	189.01%	161.85	4.91%
Jinkosolar Holding Co., Ltd.	Sell	$1.4B	32.02%	38.37	0.54%
First Solar, Inc.	Buy	$21.7B	258.96%	17.48	32.41%

About Emeren Group

renesola believes that in today’s global economy companies need to be focussed on improving the overall health and well-being of our planet and people. by using renewables energies, low energy appliances we all in our own way can reduce our carbon footprint and our dependence on earth’s natural resources to promote a sustainable future. with every renesola product we aim to reduce the environmental impact and enhance our livelihoods with green products. to be a sustainable enterprise we strive to be dynamic and have the ability to constantly change to the times to remain relevant within this excessively competitive market. renesola is a leading global manufacturer of solar wafers and pv modules. capitalizing on economies of scale, low cost production capabilities and technology innovations, renesola leverages its in-house virgin polysilicon and solar cell and module production capabilities to provide its customers with high-quality, cost-competitive solar wafer products and solar mod

Organization	Emeren Group
Employees	0
CEO	Mr. Yumin Liu
Industry	Producer Manufacturing

Important FAQs about investing in Emeren Group from India :

What is Emeren Group share price today?

Emeren Group (SOL) share price today is $1.83.

Can Indians buy Emeren Group shares?

Yes, Indians can invest in the Emeren Group (SOL) from India.

With INDmoney, you can buy Emeren Group at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Emeren Group at zero transaction cost.

How can I buy Emeren Group shares from India?

It is very easy to buy Emeren Group from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Emeren Group be purchased?

Yes, you can buy fractional shares of Emeren Group with INDmoney app.

What are the documents required to start investing in Emeren Group stocks?

To start investing in Emeren Group, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.