Surana Solar Ltd

Stage 4 · Declining · week 1⚠ 3→4 today

As of 16 Oct 2026, Surana Solar is in Stage 4 — declining, a downtrend, in its first week (since 16 Oct 2026). It closed at ₹22.96, 29.9% below its 52-week high and below its 200-day average, which is falling. In Industrials, 26.3% of stocks are in Stage 2.

Surana Solar Limited manufactures and sells solar panels and solar photovoltaic (PV) modules under the Surana Solar brand in India and internationally. More about the company

₹23
+0.92% today
₹113 Cr · Micro cap
Market Neutral — FadingIndustrials 26.3% in Stage 2-1.5 pts / 20dRenewable Energy Equipment & Services 14.3%0.0 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

Is SURANASOL early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-29.9%
₹18.8 lo₹32.7 hi
29.9% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 1
1w13w26w
Week 1 — early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-9.2%
200 DMA: ₹25.3 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.86x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -4.2% vs MA50 -2.8%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-8.2%
3M
-12.1%
6M
-5.6%
YTD
-14.6%
1Y
-28.1%
Sector
Industrials
↓ Peaking
Stage 2%
26.3%
20d Δ
-1.5pp
1M return
-0.9%
3M return
-2.4%
Sector Stage-2 % · last 20 days
Sector has 129 Stage 2 leaders. See Industrials Stage 2 →
Industry
Renewable Energy Equipment & Services
→ Flat
Stage 2%
14.3%
20d Δ
+0.0pp
1M return
-0.9%
3M return
-11.4%
Industry Stage-2 % · last 20 days
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 17w
S2 14w
S4 15w
S4 39w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 1w → S2 11w → S3 5w → S2 17w → S3 5w → S2 11w → S3 10w → S2 14w → S3 8w → S4 15w → S1 8w → S4 39w → S1 12w → S4 1w → S3 12w → S4 1w current
Total tracked: 168 weeks across 16 stage runs.
Scan Membership
Breakout Watch
Latest: 2024-09-13
2 appearances in last 60 days. First seen: 2024-04-18.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding — staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-16S43→4
Wk 1 · Vol 0.86x
2026-10-15S3
Wk 12 · Vol 0.67x
2026-10-14S3
Wk 12 · Vol 3.22x
2026-10-13S3
Wk 11 · Vol 2.84x
2026-10-12S3
Wk 11 · Vol 0.55x
2026-10-09S3
Wk 11 · Vol 0.34x
2026-10-08S3
Wk 11 · Vol 0.26x
2026-10-07S3
Wk 11 · Vol 0.37x
2026-10-06S3
Wk 10 · Vol 0.66x
2026-10-05S3
Wk 10 · Vol 0.29x
2026-10-01S3
Wk 10 · Vol 0.46x
2026-09-30S3
Wk 10 · Vol 0.28x
Sector Peers — Stage 2All →
BHAGYANGR
wk 25 · 0.0% from hi
9.8
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHIVAUM
wk 28 · 0.0% from hi
8.4
SHREEJISPG
wk 17 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
Moving averages & range
50 DMA
₹25.3
200 DMA
₹25.3
52W High
₹32.7
52W Low
₹18.8
5D Low
₹22.8
Resistance levels (recent highs)
20d High
₹26
60d High
₹27.9
120d High
₹28.5
250d High
₹32.7
Next resistance
+13.4%
to 20d High
Ask the Market AI about SURANASOLAsk →
P/E (TTM)
675.8
Forward —
ROE
+2.2%
Profit margin +5.9%
About this companyIndustrials· Renewable Energy Equipment & Services

Surana Solar Limited manufactures and sells solar panels and solar photovoltaic (PV) modules under the Surana Solar brand in India and internationally. It operates through Renewable Energy and Trading & Others segments. The company engages in generation of wind and solar power energy; trading of other solar related products; and infrastructure leasing activities. It also provides engineering, procurement, and construction services for power projects on turnkey basis; solar lighting products, including home lighting systems and solar street lighting products; and solar lanterns for use in street, industrial site, travelling, and house and garden application. In addition, the company operates manufacturing unit at cherlapally with installed capacity of 40 MW and the fabcity with installed capacity of 20 mw for manufacture of solar photovoltaic modules. The company was formerly known as Surana Ventures Limited. Surana Solar Limited was incorporated in 2006 and is based in Hyderabad, India.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.