SOLEX - An analysis

By babutaaniket
Solex Energy Limited is engaged in the business of renewable energy solutions. The Company manufactures solar lighting systems, solar panels, solar water pumping products and water heater products.

Financials:
TTM EPS: --
TTM PE: --
P/B: 14.78
Face Value: 10
Mkt Cap (Rs. Cr.): 555
Sector PE: 72.46
Book Value Per Share: 47.03

Positives:
  1. Strong Momentum: Price above short, medium and long term moving averages
  2. Strong Annual EPS Growth
  3. New 52 Week High
  4. Strong cash generating ability from core business -
  5. Improving Cash Flow from operation for last 2 years
  6. Stock gained more than 20% in one month


Negatives:
  1. Declining Net Cash Flow: Companies not able to generate net cash
  2. High volume, top losers


My Opinion: Do your research but don't miss this stock. It is one of the stocks to look forward in the renewable energy sector.

NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
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