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Solar Industries India Ltd Share Price – NSE  /  BSE

Aerospace & Defence, Mid Cap

Invest

26 Apr 2024 | 04:14 PM

8,784.70
-16.90 (-0.19%)

Independent Research

Reuters

We bring you Independent research views from famous names like Reuters and theScreeners to help improve your investing results and create wealth

Performance parameters

  • Earnings Revision Trend

    Analysts negative since 24-Mar-2020

    Compared to seven weeks ago, the analysts have lowered their earnings per share estimates. This negative trend began 24-Mar-2020 at a price of 908.40.

  • Valuation Rating

    Fairly priced

    Based on its growth potential and our own criteria, at its current price the stock is fairly valued.

  • MT Tech Trend

    Trend negative since 28-Feb-2020

    The forty day Medium Term Technical Trend is negative since 28-Feb-2020. The confirmed Technical Reverse point (Tech Reverse + 1.75%) is 981.175.

  • 4W REL Performance

    Under pressure (vs. SENSEX30)

    The four week relative underperformance versus SENSEX30 is -21.790.

Risk parameters

  • Risk Zone

    Low

    The stock has been on the low-sensitivity level since 21-Jan-2020.

  • Bear Market

    Below average sensitivity to market corrections

    On average, the stock has a tendency to minimize the drops in the index by -101%.

  • Bad News

    Slight market sanction in case of specific pressure

    When the stock's pressure is specific, the market sanction on average is 251%.

  • Beta

    42 Low sensitivity to SENSEX30

    For 1% of index variation, the stock varies on average by 42%.

  • Correlation

    0.45 Fair correlation to SENSEX30

    0.4493% of stock movements are explained by index variations.

  • Value at Risk

    Rs.53.22 The medium term value at risk is estimated at 53.22 or 0.06010%

    The value at risk is estimated at 53.22. The risk is therefore 0.06010%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.

Other parameters

  • LT Growth

    19.16 Current year to 2022 annualized estimate

    The annualized growth estimate is for the current year to 2022.

  • P/E Ratio

    24.57 Estimated PE for 2022

    The estimated PE is for the year 2022.

  • G/PE Ratio

    0.81 11.389% premium to expected growth

    A ratio (Forecasted Growth + Estimated Dividend Yield/ Estimated Price Earnings) below 0.9 indicates that investors must pay a premium for the estimated growth potential: 11.389% premium.

  • Dividend Yield

    0.7% Dividend is largely covered by profits

    The twelve month estimated dividend yield represents 17.069% of earnings forecasts.

  • Global Evaluation

    Slightly positive

    The stock is classified in the slightly positive zone since 21-Jan-2020.