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Bright Solar NSEI:BRIGHT Stock Report

Last Price

₹4.65

Market Cap

₹116.2m

7D

-5.1%

1Y

-12.3%

Updated

23 Nov, 2024

Data

Company Financials

Bright Solar Limited

NSEI:BRIGHT Stock Report

Market Cap: ₹116.2m

BRIGHT Stock Overview

Manufactures and sells solar pump and solar pumping systems in India. More details

BRIGHT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
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₹4.65
52 Week High₹12.50
52 Week Low₹4.65
Beta1.58
11 Month Change-17.70%
3 Month Changen/a
1 Year Change-12.26%
33 Year Change-7.00%
5 Year Change-71.47%
Change since IPO-87.42%

Recent News & Updates

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-5.1%-1.4%-1.2%
1Y-12.3%34.0%25.5%

Return vs Industry: BRIGHT underperformed the Indian Construction industry which returned 34% over the past year.

Return vs Market: BRIGHT underperformed the Indian Market which returned 25.5% over the past year.

Price Volatility

Is BRIGHT's price volatile compared to industry and market?
BRIGHT volatility
BRIGHT Average Weekly Movementn/a
Construction Industry Average Movement6.8%
Market Average Movement6.1%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.0%

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

Volatility Over Time: Insufficient data to determine BRIGHT's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
20108Piyushkumar 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 names.

Bright Solar Limited Fundamentals Summary

How do Bright Solar's earnings and revenue compare to its market cap?
BRIGHT fundamental statistics
Market cap₹116.25m
Earnings (TTM)-₹59.98m
Revenue (TTM)₹95.41m

1.2x

P/S Ratio

-1.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BRIGHT income statement (TTM)
Revenue₹95.41m
Cost of Revenue₹121.92m
Gross Profit-₹26.51m
Other Expenses₹33.47m
Earnings-₹59.98m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.40
Gross Margin-27.78%
Net Profit Margin-62.86%
Debt/Equity Ratio2.1%

How did BRIGHT perform over the long term?

See historical performance and comparison