SSelectStock

ONIXSOLAROnix Solar Energy Limited

IT · Solar · NSE · as of 2026-10-26 (delayed ~30 min in market hours)

Onix Solar Energy Limited engages in the trading of non-ferrous metals in India. The company manufactures and sells brass rods and tubes, and copper pipes; provides copper and DZR endfeed, and solder fittings; and manufactures and imports copper pipes for applications in plumbing, domestic gas, and air-conditioning industries; and imports pressure regulators, meters, and accessories for the gas industry. It also engages in designing, installing, and maintaining of liquefied petroleum gas reticulated systems; and trades in gas and gas industry related equipment items. The company was formerly known as ABC Gas (International) Limited and changed its name to Onix Solar Energy Limited in October 2024. The company was incorporated in 1980 and is headquartered in Mumbai, India.

₹298.35
▼ 4.25%
34Weak

Mkt Cap
₹1,108 Cr
P/E
18.5
P/B
1.0
Div Yield
0.00%
52W High
₹464.20
52W Low
₹262.45

Price & Volume

Loading chart…

Key Ratios

Market Cap (₹ cr)1,107.70
P/E18.47
P/B1.00
PEG1.65
ROE %4.10
ROCE %5.10
Debt / Equity0.05
EPS16.15
Revenue Growth %109.10
Profit Growth %11.20
Dividend Yield %0.00
Promoter Holding %72.46
FII Holding %0.00
DII Holding %—
Beta0.19

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on ONIXSOLAR — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 67%

Why avoid

  • • Overall evidence is weak (AlgoScore 34/100)
  • • ROE: 4.1%
  • • ROCE: 5.1%
  • • RSI: 30
  • • MACD: bearish

Bull case

  • • Revenue growth: 109.1% YoY
  • • Debt/Equity: 0.05
  • • Promoter holding: 72.5%
  • • Liquidity: ₹11.1 cr avg turnover

Bear case

  • • ROE: 4.1%
  • • ROCE: 5.1%
  • • RSI: 30
  • • MACD: bearish

Key risks

  • • Elevated volatility / drawdown profile — size positions accordingly
  • • Momentum is fading versus the broader market
  • • ROE: 4.1%
  • • ROCE: 5.1%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹298.35
Stop Loss
₹293.09
risk 1.8%
Target 1 (1.5R)
₹306.24
+2.6%
Target 2 (3R)
₹314.13
+5.3%
Support (20d)
₹296.05
Resistance (52w)
₹464.20
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹5.26/share
ATR (volatility)
₹19.72
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹19.72). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental58
Technical16
Momentum25
Risk (safety)39

Peers — IT

TECHM▲ 0.28%
77
TANLA▲ 1.91%
76
COFORGE▲ 4.87%
75
ONWARDTEC▼ 2.31%
74
MPHASIS▲ 3.13%
72
FSL▲ 0.64%
71