Surana Solar Ltd is an Indian company involved in the manufacturing and supply of solar energy solutions. The company focuses on providing a range of products like solar panels, solar lighting systems, and solar power plants. Surana Solar plays a key role in supporting India’s renewable energy goals by offering sustainable and eco-friendly energy solutions. Surana Solar Share Price on NSE as of 3 October 2024 is 65.38 INR. Here will provide you more details on Surana Solar Share Price Target 2024, 2025, 2026 to 2030.
Surana Solar Ltd: Market Overview
- Open Price: ₹65.38
- High Price: ₹65.38
- Low Price: ₹65.38
- Previous Close: ₹62.27
- Volume: 207,829
- Value (Lacs): ₹135.88
- VWAP: 65.38
- UC Limit: ₹65.38
- LC Limit: ₹59.15
- P/E ratio: N/A
- Div yield: N/A
- 52-wk high: ₹65.38
- 52-wk low: ₹21.25
- Mkt cap: ₹321.71°ä°ù
- Face Value: ₹5
Surana Solar Share Price Chart
Surana Solar Share Price Target Tomorrow 2024 To 2030
Surana Solar Share Price Target Years | SHARE PRICE TARGETÂ |
2024 | ₹76 |
2025 | ₹115 |
2026 | ₹165 |
2027 | ₹210 |
2028 | ₹255 |
2029 | ₹303 |
2030 | ₹355 |
Surana Solar Share Price Target 2024
Surana Solar share price target 2024 Expected target could be ₹76. Here are three key factors affecting the growth of Surana Solar’s share price target for 2024:
- Government Policies and Incentives: The Indian government’s push for renewable energy and solar power through subsidies, tax benefits, and favorable policies can positively impact Surana Solar’s growth and share price in 2024.
- Solar Energy Demand: Increasing awareness about clean energy and rising demand for solar power in both residential and commercial sectors can drive revenue growth for Surana Solar, influencing its share price positively.
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Global Raw Material Prices: Fluctuations in the cost of key raw materials like silicon, which are used in manufacturing solar panels, can impact profitability, affecting the share price trajectory.
Surana Solar Share Price Target 2025
Surana Solar share price target 2025 Expected target could be ₹115. Here are three key factors affecting the growth of Surana Solar’s share price target for 2025:
- Expansion of Solar Projects: If Surana Solar successfully expands its solar projects and increases its capacity, it could boost revenue and drive up the share price in 2025. Collaborations and new contracts can significantly impact its market position.
- Technological Advancements: Advancements in solar technology, such as more efficient solar panels or energy storage solutions, can improve the company’s competitive edge, reduce costs, and enhance profitability, influencing the share price.
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Competitive Market Landscape: The growth and actions of competitors in the solar energy sector can affect Surana Solar’s market share and pricing strategies. Increased competition may impact the company’s growth trajectory and share price by 2025.
Surana Solar Share Price Target 2030
Surana Solar share price target 2030 Expected target could be ₹355. Here are three key factors affecting the growth of Surana Solar’s share price target for 2030:
- Long-Term Government Policies and Incentives: Renewable energy policies and subsidies provided by the government will be crucial. If favorable regulations and incentives continue, Surana Solar can benefit from long-term growth, leading to a higher share price by 2030.
- Global Demand for Clean Energy: As the world shifts towards clean energy, the demand for solar power is expected to increase. Surana Solar’s ability to expand internationally and meet this growing demand could be a major factor in driving its share price growth by 2030.
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Sustainability and ESG Practices: Investors are increasingly prioritizing companies with strong Environmental, Social, and Governance (ESG) practices. If Surana Solar enhances its sustainability and meets global ESG standards, it could attract more investors, positively impacting its share price in the long term.
Shareholding Pattern For Surana Solar Ltd
- Retail and Others:Ìý53.09%
- Promoters:Ìý46.68%
- Foreign Institutions:Ìý0.20%
- Mutual Funds:Ìý0.03%
Surana Solar Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 177.06M | -58.03% |
Operating expense | 48.09M | -32.10% |
Net income | -12.59M | -155.10% |
Net profit margin | -7.11 | -231.18% |
Earnings per share | — | — |
EBITDA | 21.87M | 54.22% |
Effective tax rate | -39.40% | — |
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