Emeren Group share price today

(SOL)

Emeren Group share price is $1.9 & ₹164.08 as on 15 Jan 2025, 2.30 'hrs' IST

$1.9

▲

-0.05

(-2.56%)

Market is closed - opens 8 PM, 15 Jan 2025

View live Emeren Group share price in Dollar and Rupees. Guide to invest in Emeren Group stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Emeren Group, along with analyst recommendations, forecasts, and comprehensive financials.

Emeren Group share price movements

Today's Low: $1.86
Today's High: $1.98
$1.90
2.11%
Downside
Day's Volatility :6.06%
Upside
4.04%
52 Weeks Low: $1.41
52 Weeks High: $3.00
$1.90
25.79%
Downside
52 Weeks Volatility :53.0%
Upside
36.67%

Emeren Group Returns

Period	Emeren Group Ltd	Sector (Industrials)	Index (Russel 2000)
3 Months	-28.57%	-2.7%	0.0%
6 Months	3.26%	7.5%	0.0%
1 Year	-9.09%	19.9%	0.0%
3 Years	-68.23%	27.0%	-18.2%

Emeren Group Key Statistics

in dollars & INR

Previous Close	$1.95
Open	$1.95
Today's High	$1.98
Today's Low	$1.86
Market Capitalization	$99.9M
Today's Volume	$125.8K
52 Week High	$3.0
52 Week Low	$1.41
Revenue TTM	$103.6M
EBITDA	$2.4M
Earnings Per Share (EPS)	$-0.05
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 Indian Rupees (INR) and US Dollars (USD). Search for Emeren Group or SOL on the 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 0.455 fractional shares of Emeren Group as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Emeren Group, in just a few clicks!

Returns in Emeren Group for Indian investors in Rupees

Investment Value

₹1,00,000

Emeren Group investment value today

Current value as on today

₹94,951

Returns

₹5,049

(-5.05%)

Returns from Emeren Group Stock

₹9,091 (-9.09%)

Dollar Returns

₹4,042 (+4.04%)

Indian investors sentiment towards Emeren Group

23%

Period: Oct 16, 2024 to Jan 14, 2025. 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 Jan 15, 2025. 23% 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.
1.22%
GSA Capital Partners LLP
1.00%
Millennium Management LLC
0.30%
Citadel Advisors Llc
0.25%

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 163.16%

Target:

$5.00

Current:

$1.90

Insights on Emeren Group

Price Movement
In the last 7 days, SOL stock has moved down by -9.5%
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 → 4.84M (in $), with an average increase of 283.0% per quarter
SOL vs FSLR (1 yr)
In the last 1 year, First Solar, Inc. has given 15.5% return, outperforming this stock by 31.4%
SOL vs FSLR (3 yr)
In the last 3 years, First Solar, Inc. has given 123.3% return, outperforming this stock by 193.2%
Price to Sales
ForSOL every $1 of sales, investors are willing to pay $1.0, whereas for First Solar, Inc., the investors are paying $5.1 for every $1 of sales.

Emeren Group Financials in INR & Dollars

	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%

	FY24	Y/Y Change
Revenue	$105.6M	↑ 0.93%
Net Income	$-3.2M	↓ 65.83%
Net Profit Margin	-3.02%	↑ 5.89%

	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	$4.8M	↑ 1135.46%
Net Profit Margin	37.66%	↑ 36.36%

	FY19	Y/Y Change
Profit	$34.2M	↑ 21.94%

	FY20	Y/Y Change
Profit	$17.2M	↓ 49.85%

	FY21	Y/Y Change
Profit	$31.4M	↑ 83.06%

	FY22	Y/Y Change
Profit	$24.5M	↓ 22.1%

	FY23	Y/Y Change
Profit	$23.3M	↓ 4.89%

	FY24	Y/Y Change
Profit	$25.0M	↑ 7.43%

	Q2 FY23	Q/Q Change
Profit	$5.7M	↓ 55.1%

	Q3 FY23	Q/Q Change
Profit	$3.3M	↓ 41.2%

	Q4 FY23	Q/Q Change
Profit	$3.3M	↑ 0.0%

	Q1 FY24	Q/Q Change
Profit	$4.0M	↑ 20.49%

	Q2 FY24	Q/Q Change
Profit	$9.4M	↑ 132.92%

	Q3 FY24	Q/Q Change
Profit	$5.6M	↓ 39.98%

	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	0.0%	3.26%	-9.09%	-68.23%	35.71%
Nextracker Inc.	19.16%	-10.2%	2.82%	39.03%	39.03%
Sunrun Inc.	-4.2%	-44.23%	-32.65%	-67.05%	-44.3%
Enphase Energy, Inc.	-8.61%	-41.12%	-39.82%	-51.85%	107.78%
First Solar, Inc.	-2.72%	-10.96%	24.31%	127.42%	246.32%
Jinkosolar Holding Co., Ltd.	-11.74%	8.33%	-20.82%	-48.18%	3.11%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Emeren Group Ltd	18.1	NA	0.75	0.1	-0.05	-0.01	NA	6.07
Nextracker Inc.	10.21	10.21	2.51	3.24	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.	145.37	145.37	1.25	2.18	0.06	0.01	NA	6.9
First Solar, Inc.	16.29	16.29	0.27	13.23	0.18	0.08	NA	70.93
Jinkosolar Holding Co., Ltd.	32.79	32.79	0.26	1.44	0.03	0.0	0.12	392.72

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Emeren Group Ltd	Buy	$99.9M	35.71%	18.1	-16.29%
Nextracker Inc.	Buy	$6.0B	39.03%	10.21	17.26%
Sunrun Inc.	Buy	$2.2B	-44.3%	26.0	-18.8%
Enphase Energy, Inc.	Buy	$9.0B	107.78%	145.37	4.91%
First Solar, Inc.	Buy	$20.3B	246.32%	16.29	32.41%
Jinkosolar Holding Co., Ltd.	Sell	$1.2B	3.11%	32.79	0.54%

About Emeren Group

Emeren Group Ltd, together with its subsidiaries, develops, builds, and sells solar power projects. It owns and operates 3-gigawatt pipeline of projects and independent power producer assets, as well as a 10-gigawatt pipeline of storage pipeline. The company develops community solar gardens; and sells project rights. In addition, it engages in engineering design; procurement of solar modules; balance-of-system components and other components; and construction contracting and management services. Further, the company generates and sells electricity. It operates in China, the United States, the United Kingdom, Germany, France, Poland, Italy, and Hungary. The company was formerly known as ReneSola Ltd and changed its name to Emeren Group Ltd in January 2023. Emeren Group Ltd was founded in 2005 and is headquartered in Norwalk, Connecticut.

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

Management People of Emeren Group

Name	Title
Mr. Yumin Liu	CEO & Director
Mr. Ke Chen	Chief Financial Officer
Mr. Cameron Moore	Executive Vice President of North America
Mr. Chee Loong Cheah	Chief Investment Officer & Executive VP of Europe
Xin Wang	Compliance Director
Jake Snow	Human Resources Director
Mr. KaiKai Zhang	Executive Vice President of China
Mr. Enrico Bocchi	Executive Vice President of Europe
Susu Geng	Secretary
Fei Wang	Vice President of Finance

Important FAQs about investing in Emeren Group from India :

What is Emeren Group share price today?

Emeren Group share price today stands at $1.90, Open: $1.95 ; Previous Close: $1.95 ; High: $1.98 ; Low: $1.86 ; 52 Week High: $3.00 ; 52 Week Low: $1.41. The stock opens at $1.95, after a previous close of $1.95. The stock reached a daily high of $1.98 and a low of $1.86, with a 52-week high of $3.00 and a 52-week low of $1.41.

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.