Why is Surana Solar falling/rising?

Sep 03 2025 10:56 PM IST
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As of 03-Sep, Surana Solar Ltd's stock price is at 31.24, showing a short-term gain after previous declines but facing significant long-term challenges, including operating losses and poor financial ratios. Despite a recent uptick, the stock has underperformed over the past year and year-to-date, indicating potential risks for investors.
As of 03-Sep, Surana Solar Ltd's stock price is currently at 31.24, reflecting an increase of 0.74 or 2.43%. The stock has shown a trend reversal by gaining after three consecutive days of decline. It has outperformed its sector by 2.61% today, with a notable rise in delivery volume, which increased by 146.04% compared to the five-day average. However, despite this short-term positive movement, the company has faced significant challenges, including operating losses and a weak long-term fundamental strength, evidenced by a poor EBIT to Interest ratio of -0.96 and a low Return on Equity of 1.21%. The stock has also underperformed over the past year, generating a return of -13.77%, and has shown negative sales growth and EBITDA, indicating ongoing financial difficulties.

In the broader market context, Surana Solar's short-term return of +1.26% over the past week contrasts with the Sensex, which has declined by 0.27%. While the stock has recently gained, its year-to-date performance remains concerning, with a decline of -32.45% compared to the Sensex's increase of +3.11%. This suggests that while there may be a temporary uptick in price, the overall market sentiment and the company's long-term fundamentals remain weak, indicating potential risks for investors.
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