Solvex Edibles

Why is Solvex Edibles Ltd falling/rising?

As of 17-Jul, Solvex Edibles Ltd's stock price is rising to 23.32, indicating a potential shift in market sentiment after a long decline. However, it remains down 25.73% year-to-date and is trading below its moving averages, raising concerns about the sustainability of this increase.

As of 17-Jul, Solvex Edibles Ltd's stock price is rising, currently at 23.32, with a change of 0.45 (1.97%) upwards. This increase follows a trend reversal after 12 consecutive days of decline, indicating a potential shift in market sentiment. Additionally, the stock has outperformed its sector by 3.92% today, suggesting that it is gaining traction relative to its peers.<BR><BR>However, it is important to note that despite the current rise, the stock has experienced significant declines over the year-to-date, down 25.73%, compared to a smaller decline of 8.30% in the benchmark Sensex. Furthermore, the stock is trading below its moving averages across various time frames, which typically indicates a bearish trend. The recent drop in investor participation, with delivery volume falling by 61.54% against the 5-day average, also raises concerns about the sustainability of the current price increase.<BR><BR>In summary, while the stock is experiencing a rise today, it is essential to consider the broader context of its recent performance and market conditions.

Which are the latest news on Solvex Edibles?

What does Solvex Edibles do?

Solvex Edibles Ltd is a micro-cap company in the edible oil industry, incorporated in 2013, with a market cap of INR 27 Cr. Financial data is limited, with a P/E ratio of 377.00 and no reported net sales or profit for the latest quarter.

Overview: <BR>Solvex Edibles Ltd operates in the edible oil industry and is categorized as a micro-cap company.<BR><BR>History: <BR>Solvex Edibles Limited was originally incorporated in Uttarakhand as "Solvex Edibles Private Limited" on 23rd September, 2013. There are no reported status changes, and revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 27 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 377.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.29 <BR>Return on Equity: 0.19% <BR>Price-to-Book: 0.72 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is Solvex Edibles?

As of 10th June, Solvex Edibles Ltd has a market capitalization of 27.00 Cr, classifying it as a Micro Cap company, with no valid financial data available for Net Sales or Net Profit for the latest four quarters. The balance sheet as of March 2025 shows Shareholder's Funds of 18.90 Cr and Total Assets of 42.18 Cr.

As of 10th June, <BR><BR>Market Cap: Solvex Edibles Ltd has a market capitalization of 27.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 18.90 Cr and Total Assets totaling 42.18 Cr.

Who are the peers of the Solvex Edibles?

Solvex Edibles' peers include Diligent Industries, Poona Dal & Oil, Ambo Agritec, and others, with varying management and growth risks. Madhusudan Industries has the highest 1-year return at -3.34%, while Ambo Agritec has the lowest at -81.79%.

Peers: The peers of Solvex Edibles are Diligent Indust., Poona Dal & Oil, Ambo Agritec, Vandan Foods, Madhusudan Inds., Prima Industries, Natraj Proteins, Ashiana Agro Ind, and N K Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vandan Foods, while Average management risk is found at Madhusudan Inds. and Natraj Proteins, and the rest have Below Average management risk. Good growth is seen at Ambo Agritec and Vandan Foods, while Average growth is noted at Madhusudan Inds., and the rest have Below Average growth. Good capital structure is present at Poona Dal & Oil and Vandan Foods, while Below Average capital structure is found at Diligent Indust., Ambo Agritec, Madhusudan Inds., Prima Industries, and Natraj Proteins, and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Madhusudan Inds. at -3.34%, while Ambo Agritec has the lowest at -81.79%. Solvex Edibles' 1-year return is not available for comparison. Additionally, several peers, including Ambo Agritec, N K Industries, and others, have negative six-month returns.