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SURANASOLSurana Solar Limited

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

26.21
0.31%
38Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)128.60
P/E653.25
P/B2.25
PEG6.80
ROE %2.18
ROCE %
Debt / Equity
EPS0.04
Revenue Growth %440.20
Profit Growth %96.00
Dividend Yield %0.00
Promoter Holding %46.34
FII Holding %0.00
DII Holding %
Beta0.80

“—” 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 SURANASOL — 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 72%

Why avoid

  • Overall evidence is weak (AlgoScore 38/100)
  • ROE: 2.2%
  • Valuation vs sector: P/E 653.2 vs sector 30.9
  • MACD: bearish
  • Price vs EMA21: below

Bull case

  • Revenue growth: 440.2% YoY
  • Profit growth: 96.0% YoY
  • Supertrend: bullish
  • 6-month vs NIFTY: +5.5% relative

Bear case

  • ROE: 2.2%
  • Valuation vs sector: P/E 653.2 vs sector 30.9
  • MACD: bearish
  • Price vs EMA21: below

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Momentum is fading versus the broader market
  • ROE: 2.2%
  • Valuation vs sector: P/E 653.2 vs sector 30.9

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

Trade Plan

Entry (CMP)
₹26.21
Stop Loss
₹24.60
risk 6.1%
Target 1 (1.5R)
₹28.62
+9.2%
Target 2 (3R)
₹31.04
+18.4%
Support (20d)
₹24.85
Resistance (52w)
₹39.08
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹1.61/share
ATR (volatility)
₹0.96
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹0.96). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
45
Technical
34
Momentum
38
Risk (safety)
34

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

Surana Solar Limited manufactures and sells solar panels and solar photovoltaic (PV) modules under the Surana Solar brand in India and internationally. It operates through Renewable Energy and Trading & Others segments. The company engages in generation of wind and solar power energy; trading of other solar related products; and infrastructure leasing activities. It also provides engineering, procurement, and construction services for power projects on turnkey basis; solar lighting products, including home lighting systems and solar street lighting products; and solar lanterns for use in street, industrial site, travelling, and house and garden application. In addition, the company operates manufacturing unit at cherlapally with installed capacity of 40 MW and the fabcity with installed capacity of 20 mw for manufacture of solar photovoltaic modules. The company was formerly known as Surana Ventures Limited. Surana Solar Limited was incorporated in 2006 and is based in Hyderabad, India.