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Bright Solar NSEI:BRIGHT Stock Report

Last Price

₹8.90

Market Cap

₹181.6m

7D

-0.6%

1Y

42.4%

Updated

03 May, 2024

Data

Company Financials

Bright Solar Limited

NSEI:BRIGHT Stock Report

Market Cap: ₹181.6m

BRIGHT Stock Overview

Bright Solar Limited manufactures and sells solar pump and solar pumping systems in India.

BRIGHT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Bright Solar Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bright Solar
Historical stock prices
Current Share Price₹8.90
52 Week High₹12.50
52 Week Low₹4.65
Beta1.86
1 Month Change-4.81%
3 Month Change-14.01%
1 Year Change42.40%
3 Year Change-14.01%
5 Year Change-47.80%
Change since IPO-75.91%

Recent News & Updates

Calculating The Intrinsic Value Of Bright Solar Limited (NSE:BRIGHT)

Jun 21
Calculating The Intrinsic Value Of Bright Solar Limited (NSE:BRIGHT)

Recent updates

Calculating The Intrinsic Value Of Bright Solar Limited (NSE:BRIGHT)

Jun 21
Calculating The Intrinsic Value Of Bright Solar Limited (NSE:BRIGHT)

Would Bright Solar Limited (NSE:BRIGHT) Be Valuable To Income Investors?

Mar 16
Would Bright Solar Limited (NSE:BRIGHT) Be Valuable To Income Investors?

Have Insiders Sold Bright Solar Limited (NSE:BRIGHT) Shares Recently?

Jan 22
Have Insiders Sold Bright Solar Limited (NSE:BRIGHT) Shares Recently?

This Insider Has Just Sold Shares In Bright Solar Limited (NSE:BRIGHT)

Jan 07
This Insider Has Just Sold Shares In Bright Solar Limited (NSE:BRIGHT)

Shareholder Returns

BRIGHTIN ConstructionIN Market
7D-0.6%-1.0%0.5%
1Y42.4%74.7%44.7%

Return vs Industry: BRIGHT underperformed the Indian Construction industry which returned 78.9% over the past year.

Return vs Market: BRIGHT underperformed the Indian Market which returned 44.8% over the past year.

Price Volatility

Is BRIGHT's price volatile compared to industry and market?
BRIGHT volatility
BRIGHT Average Weekly Movement8.2%
Construction Industry Average Movement7.7%
Market Average Movement6.7%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.2%

Stable Share Price: BRIGHT's share price has been volatile over the past 3 months.

Volatility Over Time: BRIGHT's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201016Piyushkumar Thumarwww.brightsolarltd.com

Bright Solar Limited manufactures and sells solar pump and solar pumping systems in India. The company operates through Solar Water Pumping & Other System Sales, Infrastructure Projects, Sale of Services – Installation of Systems and Consulting of Project Tendering, FMCG Business, and Drone Services Business segments. The company is involved in assembling DC/AC solar pumps and solar pump systems under the PUMPMAN, BRIGHT SOLAR, and BRIGHT SOLAR WATER PUMP brand name.

Bright Solar Limited Fundamentals Summary

How do Bright Solar's earnings and revenue compare to its market cap?
BRIGHT fundamental statistics
Market cap₹181.56m
Earnings (TTM)-₹33.42m
Revenue (TTM)₹194.85m

0.9x

P/S Ratio

-5.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BRIGHT income statement (TTM)
Revenue₹194.85m
Cost of Revenue₹190.93m
Gross Profit₹3.93m
Other Expenses₹37.35m
Earnings-₹33.42m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.64
Gross Margin2.01%
Net Profit Margin-17.15%
Debt/Equity Ratio2.1%

How did BRIGHT perform over the long term?

See historical performance and comparison
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