Alpex Solar Ltd. (ALPEXSOLAR-SM) Share Price Rises 8.42% as Small Cap Stock Enters Top Gainers
- August 18, 2026
- Posted by: Harsh Piplani
- Category: News
Alpex Solar Ltd. rose to Rs 838, up 8.42% today, taking its market capitalisation to Rs 1,984.95 crore and placing the stock among notable small-cap gainers on NSE.
Alpex Solar Ltd. Share Price is in focus after the stock rose to Rs 838 on 18 August 2026, up Rs 65.05 or 8.42% from the previous close of Rs 772.95. With a market capitalisation of Rs 1,984.95 crore, the company falls in the Small Cap category, and today’s move was strong enough to place it in the market’s top gainer list tracked by Univest.
For investors searching Alpex Solar Ltd. Share Price Today or Alpex Solar Ltd. Stock News, the verified dataset establishes a clear same-day price rise backed by active trading, but it does not establish a company-specific catalyst behind the move. That distinction matters. The event here is the price action itself: a sharp gain within the session, not a 52-week breakout narrative and not a results-driven claim unsupported by the supplied figures.
The stock opened at Rs 788.95, traded between Rs 781.15 and Rs 841.95, and recorded turnover of Rs 9.96 crore on NSE. In practical terms, that means Alpex Solar Ltd. Share Price moved higher through the day with participation that was material enough to keep it on the radar of traders following Stock Market Today, Stocks in News and Top Gainers Today.
Within the first look, investors should monitor three things next on Univest: whether price action sustains above the day’s opening zone, how valuation compares with other Electric Equipment names, and whether profitability metrics such as ROE and ROCE justify continued attention after today’s rise.
Alpex Solar Ltd. (ALPEXSOLAR-SM) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 838 |
| Previous Close | Rs 772.95 |
| Today's Change | +Rs 65.05 (+8.42%) |
| Day Open | Rs 788.95 |
| Day High | Rs 841.95 |
| Day Low | Rs 781.15 |
| Current Volume (NSE) | 1,18,900 |
| NSE Traded Volume | 1,18,900 |
| Combined NSE + BSE Volume | 1,18,900 |
| Turnover | Rs 9.96 crore |
| Market Capitalisation | Rs 1,984.95 crore |
| Market Cap Category | Small Cap |
Alpex Solar Ltd. (ALPEXSOLAR-SM) traded at Rs 838. versus the previous close of Rs 772.95, a rise of 8.42%. The stock opened at Rs 788.95, reached Rs 841.95, touched Rs 781.15. Reported volume was 1,18,900.
Alpex Solar Ltd. (ALPEXSOLAR-SM) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,984.95 crore |
| P/E Ratio | 9.87x |
| P/B Ratio | 3.29x |
| ROE | 8.43% |
| ROCE | 11.59% |
| EPS | Rs 78.32 |
| Dividend Yield | 0% |
Alpex Solar Ltd. was valued at a P/E ratio of 9.87x, a P/B ratio of 3.29x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.
Profitability and capital efficiency were represented by ROE of 8.43% and ROCE of 11.59%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.
Per-share and shareholder-return metrics included EPS of Rs 78.32, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.
Alpex Solar Ltd. Fundamental Analysis shows a company that, based on the supplied metrics, is trading at valuation multiples below many industry peers while posting profitability ratios that are positive and moderately above the industry medians. That combination adds context to investor attention, even though the supplied data does not identify a specific catalyst for today’s price rise.
With a market capitalisation of Rs 1,984.95 crore, Alpex Solar sits in the smaller end of the listed capital goods space compared with large diversified manufacturers, but it is still meaningfully above the industry median market cap in the supplied benchmark set. The stock trades at a P/E ratio of 9.87 and a P/B ratio of 3.29. On earnings, that multiple is notably below the industry median P/E of 30.37 and average P/E of 37.68, suggesting the market is valuing current earnings more conservatively than it does for many other Electric Equipment names. On book value, however, the company’s P/B of 3.29 is almost exactly in line with the benchmark median of 3.27 and below the benchmark average of 3.67.
Profitability is positive but not extreme. Return on equity is 8.43%, while return on capital employed is 11.59%. Those figures sit above the benchmark medians of 6.8% for ROE and 10.77% for ROCE, and also above the benchmark averages of 0.32% and 8.1%, respectively. That indicates the business is generating better-than-median returns in the supplied industry set, even if it does not reach the highest-return peer levels.
EPS is Rs 78.32, which helps explain why the P/E ratio remains in single digits despite a current price of Rs 838. Dividend yield is 0, so the current investment case reflected in the supplied data is centered on business earnings and market pricing rather than income payout. For investors running Alpex Solar Ltd. Stock Analysis, the key takeaway from Univest is straightforward: valuation looks restrained relative to many peers, while profitability remains positive enough to keep the stock relevant after today’s rise.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Electric Equipment |
| Benchmark Scope | same industry |
| Company P/E Ratio | 9.87x |
| Benchmark Median P/E | 30.37x |
| Benchmark Average P/E | 37.68x |
| Benchmark P/E Range | 4.35x to 183.18x |
| Company P/B Ratio | 3.29x |
| Benchmark Median P/B | 3.27x |
| Company ROE | 8.43% |
| Benchmark Median ROE | 6.8% |
| Company ROCE | 11.59% |
| Benchmark Median ROCE | 10.77% |
| Company Market Capitalisation | Rs 1,984.95 crore |
| Benchmark Median Market Cap | Rs 384.34 crore |
Alpex Solar Ltd. (ALPEXSOLAR-SM) is classified under sector: Capital Goods and industry: Electric Equipment.
Alpex Solar Ltd. (ALPEXSOLAR-SM) has a P/E ratio of 9.87x, which is below the benchmark median of 30.37x, a difference of -67.5%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Alpex Solar Ltd. (ALPEXSOLAR-SM) has a ROE of 8.43%, which is above the benchmark median of 6.8%, a difference of +23.97%. Alpex Solar Ltd. (ALPEXSOLAR-SM) has a ROCE of 11.59%, which is above the benchmark median of 10.77%, a difference of +7.61%.
Track today’s top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.
The sector snapshot places Alpex Solar in Capital Goods, specifically the Electric Equipment industry. Against that same-industry benchmark of 67 companies, the stock stands out for a lower P/E multiple, a near-median P/B ratio, and profitability metrics that are modestly better than the group median, giving today’s price move useful comparative context.
The benchmark scope supplied here is the same industry, covering 67 companies. Within that set, the company’s P/E ratio is 9.87. That compares with a benchmark median P/E of 30.37, an average of 37.68, a minimum of 4.35 and a maximum of 183.18 across 57 companies with available P/E data. Numerically, Alpex Solar is trading far below both the median and average earnings multiple for its Electric Equipment group. That does not automatically make it cheap in an absolute sense, but it does show that the market is placing a meaningfully lower earnings multiple on the stock than on many industry names.
On book value, the company’s P/B ratio of 3.29 is very close to the benchmark median of 3.27 and below the average of 3.67, within a wider range of -16.7 to 23.74 across 66 companies. Profitability comparisons are also constructive. The company’s ROE of 8.43% is above the benchmark median of 6.8%, and its ROCE of 11.59% is above the benchmark median of 10.77%. Compared with averages, the gap is even wider, since the benchmark average ROE is 0.32% and average ROCE is 8.1%.
Market-cap positioning also matters. At Rs 1,984.95 crore, Alpex Solar is well above the benchmark median market capitalisation of Rs 384.34 crore and the benchmark average of Rs 718.46 crore, though still below the benchmark maximum of Rs 2,631.55 crore. From a sector-analysis perspective, Univest reads this as a company priced below many industry multiples but sized well above the typical company in its peer universe.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Yash Highvoltage Limited | YASHHV | 2,631.55 | 70.48 | 14.46 | 33.37 | 44.9 |
| Bharat Bijlee Ltd. | BBL | 2,597.29 | 23.22 | 1.27 | 5.3 | 7.57 |
| Rishabh Instruments Ltd. | RISHABH | 2,516.76 | 33.2 | 3.63 | 16.13 | 15.25 |
| Honda India Power Products Ltd. | HONDAPOWER | 2,173.25 | 33 | 2.67 | 11.69 | 15.84 |
| Exicom Tele-Systems Ltd. | EXICOM | 2,111.93 | 0 | 3.57 | 9.1 | 12.79 |
Alpex Solar Ltd. (ALPEXSOLAR-SM) has a P/E ratio of 9.87x compared with the displayed peer median of 33x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 8.43% compares with a peer median of 11.69% across the companies shown in the table. ROCE stood at 11.59% versus the displayed peer median of 15.25%, providing a capital-efficiency comparison. Alpex Solar Ltd. (ALPEXSOLAR-SM) has a market capitalisation of Rs 1,984.95 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Peer comparison shows that Alpex Solar sits in a mid-to-upper market-cap cluster within its immediate listed set, but trades at a lower earnings multiple than most named peers. Its profitability metrics are positive and competitive, though not among the strongest in the group.
Among the supplied peers, Yash Highvoltage Limited has the highest market capitalisation at Rs 2,631.55 crore and trades at a P/E of 70.48 with ROE of 33.37% and ROCE of 44.9%. Bharat Bijlee Ltd. has a market cap of Rs 2,597.29 crore, P/E of 23.22, ROE of 5.3% and ROCE of 7.57%. Rishabh Instruments Ltd. stands at Rs 2,516.76 crore with a P/E of 33.2, ROE of 16.13% and ROCE of 15.25%. Honda India Power Products Ltd. is at Rs 2,173.25 crore with a P/E of 33, ROE of 11.69% and ROCE of 15.84%.
Against that set, Alpex Solar’s market capitalisation of Rs 1,984.95 crore is below the first four names but above Vidya Wires at Rs 1,902.32 crore, Servotech Power Systems at Rs 1,869.55 crore and Marsons at Rs 1,804.47 crore. HPL Electric & Power Ltd., at Rs 2,043.15 crore, is only slightly larger.
Valuation is where the contrast is strongest. Alpex Solar’s P/E of 9.87 is below Bharat Bijlee’s 23.22, Rishabh Instruments’ 33.2, Honda India Power Products’ 33, HPL’s 22, Vidya Wires’ 30.37, Servotech’s 49.76, Marsons’ 40.88 and far below Yash Highvoltage’s 70.48. Exicom Tele-Systems Ltd. is listed without a supplied P/E, but its P/B is 3.57 versus Alpex Solar’s 3.29, while its ROE of 9.1% and ROCE of 12.79% are close to Alpex Solar’s 8.43% and 11.59%.
That leaves a balanced picture. Alpex Solar is not leading this peer set on ROE or ROCE, but it is profitable, its return ratios are positive, and its valuation on earnings is materially lower than almost every peer with available P/E data. For investors tracking Alpex Solar Ltd. Share Price, that relative positioning helps explain why the stock can attract attention when momentum appears in the market.
Why Investors Are Watching Alpex Solar Ltd.
Investors are watching Alpex Solar Ltd. Share Price because today’s move combined a clear top-gainer style rise with valuation and sector metrics that are easy to compare against peers. The supplied data confirms a strong session in price terms, active trading on NSE, and a market-cap profile that places the company above the typical size of many same-industry names.
- Verified price action: the stock rose 8.42% to Rs 838 from Rs 772.95, after opening at Rs 788.95 and touching Rs 841.95.
- Trading participation: 1,18,900 shares changed hands on NSE, matching total reported volume, with turnover of Rs 9.96 crore.
- Fundamental context: P/E stands at 9.87, P/B at 3.29, ROE at 8.43%, ROCE at 11.59%, EPS at Rs 78.32 and dividend yield at 0.
- Sector positioning: the stock’s P/E is below the same-industry median of 30.37, while ROE and ROCE are above the benchmark medians.
- Additional market signal: the supplied RSI reading is 52.98, which sits in a broadly neutral zone rather than an overheated one.
The next things to monitor are whether Alpex Solar Ltd. Share Price holds close to the upper end of today’s range, whether further sessions maintain turnover support, and whether investors continue to focus on the gap between its current valuation and the higher multiples seen across much of the Electric Equipment peer group on Univest.
About Alpex Solar Ltd.
Alpex Solar Ltd. is represented in the supplied market dataset as a listed company in the Capital Goods sector and Electric Equipment industry, trading under the symbol ALPEXSOLAR-SM. While the provided information set for this article is market-data led rather than business-description led, its industry classification alone is still useful for understanding why the stock appears in investor screens focused on industrial and equipment names.
Companies in the Electric Equipment space are typically assessed through a combination of valuation ratios, profitability metrics and peer comparison because earnings quality and return ratios can differ widely across the group. That point is visible in this industry dataset itself, where P/E multiples range from 4.35 to 183.18, P/B ratios range from -16.7 to 23.74, and return metrics vary sharply between peers.
Within that context, Alpex Solar Ltd. Share Price is being evaluated by the market as part of a sector universe of 67 same-industry companies. Its market capitalisation of Rs 1,984.95 crore places it much closer to the upper end of that universe than to the middle, even though it still remains below the largest company in the supplied list. For readers following Alpex Solar Ltd. Latest News or Alpex Solar Ltd. Company News, the most useful near-term understanding is that this is a small-cap listed Electric Equipment name whose stock performance is now drawing more attention because of a sharp single-day rise.
Track Alpex Solar Ltd. Share Price on Univest
Use Alpex Solar Ltd. (ALPEXSOLAR-SM) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.
Users following Alpex Solar Ltd. Share Price can track the stock on Univest for live share price updates, market-cap changes, valuation ratios such as P/E and P/B, profitability metrics including ROE and ROCE, and session-based market insights. Univest also helps investors monitor Alpex Solar Ltd. Share Price Today alongside 52-week levels, price action, sector context and peer comparison in one place.
For readers searching Alpex Solar Ltd. Share Price Live, Alpex Solar Ltd. Stock News or Alpex Solar Ltd. Share Price Update, the aim is not to provide a recommendation but to keep the data organised and comparable. In fast-moving sessions, that structure matters because it separates verified numbers from assumptions and helps users track what the market is actually pricing in.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Alpex Solar Ltd. Share Price rising today?
Ans. The supplied data confirms that Alpex Solar Ltd. Share Price rose 8.42% to Rs 838 from the previous close of Rs 772.95. It also shows active NSE trading of 1,18,900 shares and turnover of Rs 9.96 crore.
What was the closing reference for today’s Alpex Solar Ltd. Share Price move?
Ans. The stock’s previous close was Rs 772.95, and the current price in the supplied snapshot is Rs 838. That means the absolute gain was Rs 65.05, which translates into a same-day rise of 8.42%.
What does Alpex Solar Ltd. Share Price Today show about intraday momentum?
Ans. The stock opened at Rs 788.95, touched a low of Rs 781.15, and climbed to a high of Rs 841.95. With the price at Rs 838, it remained close to the day’s upper end by the snapshot time.
Is Alpex Solar Ltd. a small-cap stock?
Ans. Yes. The supplied classification places the company in the Small Cap category, and its market capitalisation is Rs 1,984.95 crore. Today’s gain also qualified under the market-cap-based price rise event filter used for this article.
How active was trading in Alpex Solar Ltd. shares today?
Ans. The supplied snapshot shows current volume of 1,18,900 shares, with NSE volume and total volume also at 1,18,900 shares. Turnover stood at Rs 9.96 crore, indicating meaningful participation during today’s move.
What do the valuation ratios say about Alpex Solar Ltd.?
Ans. Alpex Solar Ltd. trades at a P/E of 9.87 and a P/B of 3.29 in the supplied data. Its P/E is well below the same-industry median of 30.37, while its P/B is near the median of 3.27.
How profitable is Alpex Solar Ltd. based on the supplied data?
Ans. The company’s ROE is 8.43% and ROCE is 11.59%. Both figures are above the same-industry medians of 6.8% and 10.77%, respectively, showing profitability that is positive and modestly better than the median benchmark.
What are the EPS and dividend yield of Alpex Solar Ltd.?
Ans. The supplied figures show EPS of Rs 78.32 and dividend yield of 0. EPS indicates the earnings attributable to each share, while the current dataset does not show any dividend yield contribution to the stock’s appeal.
How does Alpex Solar Ltd. compare with peers on valuation?
Ans. Its P/E of 9.87 is lower than Bharat Bijlee’s 23.22, Rishabh Instruments’ 33.2, Honda India Power Products’ 33, HPL’s 22, Vidya Wires’ 30.37, Servotech’s 49.76, Marsons’ 40.88 and Yash Highvoltage’s 70.48.
What should investors monitor next in Alpex Solar Ltd. Share Price?
Ans. Investors can watch whether Alpex Solar Ltd. Share Price sustains near today’s upper range, whether turnover remains supportive in coming sessions, and how the stock’s low P/E and positive return ratios continue to compare with industry peers.