Surana Solar Limited Share Price and Company Fundamentals



Price
₹20.45
Change
0.250 (1.238%)
52 week
12.0 - 43.2

Last traded: Today at 4:34 AM

Surana Solar Limited manufactures and sells solar panels and solar photovoltaic modules in India and internationally. The company operates through Solar Products and Wind Power segments. It generates wind and solar power; and trades in solar photovoltaic modules and other solar related products. The company was formerly known as Surana Ventures Limited. Surana Solar Limited was incorporated in 2006 and is based in Hyderabad, India.

Key Metrics

PE ratio

118.82

PB ratio

1.80

Dividend yield

0.00%

Beta

0.82

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSolar / Technology
Websitehttps://www.suranasolar.com
Mailing addressPlot No.212/3 & 4 Phase II, IDA Cherlapally Hyderabad 500051 India
Phone / Fax91 40 2784 5119 / 91 40 2784 8851

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Surana Solar Limited paid ₹0.00 dividend and the ex-dividend date was 23 Sept 2015.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SURANASOL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

SURANASOL's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Surana Solar Limited.

NameTitleAgeTotal Pay
Mr. Manish SuranaDirector of Fin. & Technical, CFO and Whole-Time Director353.15M
Ms. Mini PatniCompany Sec. & Compliance Officer

Profitability and management effectiveness

Profit margin

3.41%

Operating margin

3.55%

Return on assets

0.83%

Return on equity

1.55%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Surana Solar Limited is and its enterprise value is .

The SURANASOL's stocks Beta value is 0.82 making it 18% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Surana Solar Limited (NSE:SURANASOL) Frequently Asked Questions

1. What is Surana Solar Limited's Stock Symbol?

Surana Solar Limited trades on NSE under the ticker symbol "SURANASOL".

2. What is Surana Solar Limited's stock price today?

One share of SURANASOL stock can currently be purchased for approximately ₹20.45.

3. How can I contact Surana Solar Limited?

Surana Solar Limited's mailing address is Plot No.212/3 & 4 Phase II, IDA Cherlapally Hyderabad 500051 India. The company can be reached via phone at 91 40 2784 5119.

4. What is Surana Solar Limited's official website?

The official website of Surana Solar Limited is https://www.suranasolar.com.