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Surana Solar Share Price Target 2024, 2025, 2026 to 2039 With Charts
Surana Solar Limited | |||
Symbol: SURANASOL | |||
Price: ₹49.38 | |||
Exchange: NSE | |||
Technology -> Solar |
Show Table of Contents
Table of Contents
- 1: Surana Solar Brief Company Overview
- 1.1: Surana Solar Limited: A Leading Solar Energy Provider
- 1.2: Surana Solar Financial Performance
- 1.2.1: Is Surana Solar A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Surana Solar Share Price Target For 2024
- 2.1.1: Surana Solar Share Price Target Table For 2024
- 2.1.2: Summary: Surana Solar Share Price Prediction For 2024
- 2.2: Surana Solar Share Price Target For 2025
- 2.2.1: Surana Solar Share Price Target Table For 2025
- 2.2.2: Summary: Surana Solar Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Surana Solar Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Surana Solar Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Surana Solar Past Performance
Surana Solar Brief Company Overview
Surana Solar Limited: A Leading Solar Energy Provider
Surana Solar Limited, established in 2006, is a prominent player in the solar energy industry.
Key Products and Services: Solar Panels: Surana Solar manufactures high-quality solar panels for residential, commercial, and industrial applications. PV Modules: The company produces solar photovoltaic (PV) modules, which convert sunlight into electricity. Engineering and Construction: Surana Solar provides turnkey solutions for solar power projects, including engineering, procurement, and construction. Solar Lighting: The company offers a range of solar lighting products, such as home lighting systems and streetlights.
Market Presence: Surana Solar has a strong global presence, with operations in India and internationally.
Industry Reputation: The company has earned a reputation for its commitment to innovation and quality.
Diverse Product Range: Surana Solar's wide array of products caters to diverse customer needs and applications.
Commitment: The company remains committed to delivering sustainable and cost-effective solar energy solutions.
Surana Solar Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 186 Crore | Market valuation of Surana Solar's shares. |
Revenue (TTM) | 17.7 Crore | Total revenue generated by Surana Solar over the past twelve months. |
Net Income (TTM) | -1.25 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | 0.8% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | -7.12% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) | -49.6% | Change in revenue compared to the previous quarter. |
Earnings Growth (YOY Quarterly) | -49.6% | Change in earnings compared to the same quarter last year. |
Total Cash | 8.43 Crore | Total amount of liquid funds available to Surana Solar. |
Beta | 0.61 | Beta is less than 1 indicating that the Surana Solar's price is less volatile than the market. |
Is Surana Solar A Good Buy For Long Term?
Surana Solar, a small-cap stock with a revenue of 17.7 Crore and a net profit of -1.25 Crore in the last 12 months, has shown a decline in revenue and earnings compared to the previous quarter and year. Its profit margin is negative, indicating a loss-making company. While it has delivered impressive returns in the past, its recent performance and financial health suggest it may not be a suitable buy for long-term investment at this time.
To predict the Surana Solar's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Surana Solar Share Price Target For 2024
The line chart displays the monthly closing prices of Surana Solar with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Surana Solar shares in 2024, see the table below.
Surana Solar Share Price Target Table For 2024
Surana Solar's Levels | Value | Reason/Importance |
---|---|---|
2024 Target 3 | 51.25 (+3.78%) | Custom Fibonacci Extension Lvl 82% |
2024 Target 2 | 50.52 (+2.3%) | Custom Fibonacci Extension Lvl 50% |
2024 Target 1 | 49.92 (+1.09%) | Custom Fibonacci Extension Lvl 23.6% |
Current Price | 49.38 | Surana Solar's 1 share price as of Tue 19 Nov 2024 |
Stop Loss 1 | 49.21 (-0.35%) | Price Action: Chart |
Stop Loss 2 | 48.70 (-1.38%) | Price Action: Nov 2024 Low |
Stop Loss 3 | 48.06 (-2.68%) | Fibonacci Retracement Extended 28.2% |
Summary: Surana Solar Share Price Prediction For 2024
In summary, Surana Solar has surged by ₹16.08, achieving a notable +48.29% increase from 1st January 2024 to 19 Nov 2024. Our analysis of Surana Solar for 2024 predicts an additional rise of 1.09% to 3.78% by the end of 2024 with three potential targets T1: 49.92, T2: 50.52, T3: 51.25. Stop Loss at SL1: 49.21, SL2: 48.70, SL3: 48.06.
Surana Solar has a 52-week high of ₹65.38, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹25.70, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Surana Solar.
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Surana Solar Share Price Target For 2025
The line chart displays the monthly closing prices of Surana Solar with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Surana Solar shares in 2025, see the table below.
Surana Solar Share Price Target Table For 2025
Surana Solar's Levels | Value | Reason/Importance |
---|---|---|
2025 Target 3 | 73.04 (+47.91%) | Fibonacci Extension Level 150% |
2025 Target 2 | 71.57 (+44.93%) | Price Action: Chart |
2025 Target 1 | 70.86 (+43.49%) | Custom Fibonacci Extension Lvl 64.9% |
Current Price | 49.38 | Surana Solar's 1 share price as of Tue 19 Nov 2024 |
Stop Loss 1 | 44.40 (-10.09%) | Price Action: Jun 2010 Low |
Stop Loss 2 | 43.95 (-11%) | Price Action: Jan 2024 High |
Stop Loss 3 | 43.50 (-11.91%) | Price Action: Oct 2014 Low |
Summary: Surana Solar Share Price Prediction For 2025
In summary, Surana Solar has surged by ₹16.08, achieving a notable +48.29% increase from 1st January 2024 to 19 Nov 2024. Our analysis of Surana Solar for 2025 predicts an additional rise of 43.49% to 47.91% by the end of 2025 with three potential targets T1: 70.86, T2: 71.57, T3: 73.04. Stop Loss at SL1: 44.40, SL2: 43.95, SL3: 43.50.
Surana Solar has a All-Time high of ₹74.70, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹25.70, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Surana Solar, we have created a specific page for that check here: Surana Solar Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Surana Solar Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Surana Solar share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 15.56% over the next 15 years.
For complete year by year Surana Solar long term share price target from 2024, 2025 to 2039 check the below table.
Surana Solar Share Price Target Table From 2024, 2025, 2026 to 2039
Year | Surana Solar Target | YoY Change % |
---|---|---|
2024 | ₹49.38 | [Current Price] |
2024 | ₹58.65 | 18.77% |
2025 | ₹88.95 | 51.66% |
2026 | ₹111.9 | 25.8% |
2027 | ₹139.08 | 24.28% |
2028 | ₹178.89 | 28.62% |
2029 | ₹200.63 | 12.15% |
2030 | ₹234.04 | 16.65% |
2031 | ₹249.52 | 6.61% |
2032 | ₹276.37 | 10.76% |
2033 | ₹326.35 | 18.08% |
2034 | ₹342.61 | 4.98% |
2035 | ₹379.13 | 10.65% |
2036 | ₹387.14 | 2.11% |
2037 | ₹413.66 | 6.85% |
2038 | ₹473.82 | 14.54% |
2039 | ₹444.44 | -6.21% |
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Surana Solar Past Performance
- In 2002, Surana Solar opening price was ₹4.8
- As of Tue 19 Nov 2024 the price stands at ₹49.38.
- This represents a Compound Annual Growth Rate (CAGR) of 10.67%.
- In 22 years, an investment of 10,000 would have become ₹1.02 Lakh.
As we wrap up, we hope you like our study on Surana Solar share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.