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SOLEXSolex Energy Limited

IT · Solar · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

981.90
0.20%
37Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)1,076.80
P/E11.21
P/B4.26
PEG0.04
ROE %47.06
ROCE %26.80
Debt / Equity1.32
EPS88.92
Revenue Growth %248.10
Profit Growth %304.60
Dividend Yield %0.06
Promoter Holding %
FII Holding %
DII Holding %
Beta-0.24

“—” 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 SOLEX — 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 61%

Why avoid

  • Overall evidence is weak (AlgoScore 36/100)
  • Dividend yield: 0.06%
  • RSI: 33
  • MACD: bearish
  • 1-month return: -11.0%

Bull case

  • Revenue growth: 248.1% YoY
  • Profit growth: 304.6% YoY
  • ROE: 47.1%
  • Liquidity: ₹3.9 cr avg turnover

Bear case

  • Dividend yield: 0.06%
  • RSI: 33
  • MACD: bearish
  • 1-month return: -11.0%

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Momentum is fading versus the broader market
  • Dividend yield: 0.06%
  • RSI: 33

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

Trade Plan

Entry (CMP)
₹981.90
Stop Loss
₹965.25
risk 1.7%
Target 1 (1.5R)
₹1,006.88
+2.5%
Target 2 (3R)
₹1,031.85
+5.1%
Support (20d)
₹975.00
Resistance (52w)
₹1,985.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹16.65/share
ATR (volatility)
₹44.36
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹44.36). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
88
Technical
19
Momentum
5
Risk (safety)
22

Peers — IT

OFSS 1.28%
84
UTLSOLAR 3.14%
82
CNL 1.57%
81
STYL 6.50%
79
PREMIERENE 0.02%
78
TANLA 1.99%
77

About

Solex Energy Limited manufactures and sells solar photovoltaic modules in India. It provides solar turnkey solutions for solar power plants, solar water pumps, and utility scale ground mounted solar power plants, as well as engineering, procurement, and construction services for the solar energy market. The company also offers solar residential and industrial rooftop systems, off-grid power plants, solar grid-connected systems, solar home and street light systems, solar water pumps, and custom solar solutions. It serves government, real estate, agriculture, manufacturing, healthcare, hospitality, residential societies, banking institutions, educational institutes, transport and logistics, media and entertainment, and telecom and communications industries. Solex Energy Limited was founded in 1995 and is based in Surat, India.