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Surana Solar Share Price Forecast to 2030

  • July 31, 2026
  • Posted by: Kunal Singla
  • Category: News
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Surana Solar Share Price Forecast to 2030

Surana Solar share price Rs 26.27. 52W high Rs 39.10, low Rs 18.30. Market cap Rs 129. Cr. 2030 scenario range Rs 19.70 to Rs 47.29.

The Surana Solar share price forecast for the next 3 years is a question on many investors’ minds as the stock trades at Rs 26.27, within a 52 week range of Rs 18.30 to Rs 39.10. This article lays out a scenario based Surana Solar share price outlook for 2027, 2028 and 2030, built on the company’s fundamentals, sector trends and the key risks that could change the trajectory. Rather than a single number, the focus here is on the range of outcomes and the assumptions behind each one.

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Table of Contents

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  • Surana Solar Company Overview
  • Where Does Surana Solar Share Price Stand Today?
  • Surana Solar Share Price Forecast: Key Growth Drivers for the Next 3 Years
    • Earnings Trajectory and Return Ratios
    • Renewable Energy Sector Dynamics
    • Balance Sheet and Debt Management
    • Macro and Policy Environment
  • Key Risks to the Surana Solar Share Price Forecast
  • Surana Solar Share Price Forecast: 3-Year Scenario Table
  • Should You Invest in Surana Solar?
  • Conclusion
  • Frequently Asked Questions on Surana Solar Share Price Forecast
    • What is the Surana Solar share price forecast for the next 3 years?
    • What is the Surana Solar share price forecast for 2027?
    • What is the Surana Solar share price forecast for 2028?
    • What is the current share price of Surana Solar?
    • Is Surana Solar a good stock for the long term?
    • What is the Surana Solar share price outlook for 2030?
    • What are the key risks to the Surana Solar share price forecast?

Surana Solar Company Overview

Surana Solar manufactures solar panels and provides solar EPC services for rooftop and ground-mounted applications. Understanding the business model is the first step in framing any credible Surana Solar share price forecast, because the durability of earnings ultimately decides where the stock trades.

Company Surana Solar
NSE Ticker SURANASOL
CMP Rs 26.27
52 Week High Rs 39.10
52 Week Low Rs 18.30
Market Cap Rs 129. Cr
Stock PE 20.2
Book Value ₹ 11.7
ROE 2.18 %
ROCE 3.15 %
Dividend Yield 0.00 %

Where Does Surana Solar Share Price Stand Today?

The stock currently trades at Rs 26.27, within a 52 week range of Rs 18.30 to Rs 39.10. For anyone building a Surana Solar share price forecast, this means the valuation starting point is a P/E of 20.2. How the broader Nifty 50 index trades over this period will also influence the multiple investors are willing to assign to the stock.

At the current price, Surana Solar commands a market capitalisation of Rs 129. Cr and trades at a price to earnings multiple of 20.2. The company generates a return on equity of 2.18 % and a return on capital employed of 3.15 %. These numbers anchor the Surana Solar share price forecast scenarios that follow.

Surana Solar Share Price Forecast: Key Growth Drivers for the Next 3 Years

The primary growth catalyst for Surana Solar is rising rooftop solar adoption and domestic module demand under the PLI scheme. This driver is anchored in structural trends within the Renewable Energy sector.

Earnings Trajectory and Return Ratios

Stock prices ultimately follow earnings. The pace at which profits compound over FY27 to FY30 will be the single biggest determinant of the Surana Solar share price forecast actually playing out. Consistent earnings delivery tends to expand valuation multiples, while misses compress them quickly.

Renewable Energy Sector Dynamics

Sector trends are a second key driver. Within the space, investors often benchmark Surana Solar against peers such as Solex Energy, Solarworld Energy Solutions, K.P. Energy on growth and valuations before forming a view on the Surana Solar share price forecast for the next 3 years.

Balance Sheet and Debt Management

the ability to manage financial leverage will directly influence the Surana Solar share price forecast. Companies that reduce debt or fund growth without diluting equity tend to see stronger share price appreciation.

Macro and Policy Environment

Interest rate cycles, currency movements and sector-specific policy changes will also shape the Surana Solar share price forecast over the 2027 to 2030 horizon. These are harder to predict but need to be monitored closely.

Consult a SEBI Registered Investment Advisor Before Acting on Any Forecast

Key Risks to the Surana Solar Share Price Forecast

The Surana Solar share price forecast could be materially impacted by solar module price deflation and competitive intensity from larger module manufacturers are key risks. These risks are not unique to Surana Solar but the degree of impact depends on the company’s specific exposure and management quality.

Surana Solar Share Price Forecast: 3-Year Scenario Table

The following indicative scenario analysis is illustrative only and does not constitute a research-grade price target. Actual outcomes will depend on company performance, sector dynamics, and macroeconomic conditions.

Scenario 3-Year Indicative Range Key Assumptions
Bull Case Rs 47.29 Strong execution, sector tailwinds materialise, margin expansion via operating leverage
Base Case Rs 35.46 Steady growth broadly in line with sector, manageable cost pressures, stable demand conditions
Bear Case Rs 19.70 Demand slowdown, margin compression from rising costs, or sector-specific headwinds materialise

These ranges are not investment advice. The bull case assumes key growth drivers materialise fully, while the bear case reflects meaningful headwinds. The base case represents a moderate, sector-average outcome.

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Should You Invest in Surana Solar?

Any investment in Surana Solar must be evaluated against your own risk profile, investment horizon, and portfolio composition. The Surana Solar share price forecast outlined here is scenario-based and not a guaranteed outcome. Key considerations are the growth drivers (rising rooftop solar adoption and domestic module demand under the PLI scheme), the risks (solar module price deflation and competitive intensity from larger module manufa), and how those interact with your overall portfolio strategy.

Retail investors are always advised to consult a SEBI-registered investment advisor before taking any position. The Renewable Energy index provides a useful benchmark for comparing Surana Solar share price performance against the broader sector.

Conclusion

The Surana Solar share price forecast for the next 3 years ranges from Rs 19.70 in the bear case to Rs 47.29 in the bull case, with a base case around Rs 35.46. The primary driver is rising rooftop solar adoption and domestic module demand under the PLI scheme, while the main risk is solar module price deflation and competitive intensity from larger module manufa. Investors should track quarterly results, balance sheet trends, and sector developments to refine their view as the forecast horizon approaches.

This article is for informational purposes only. Consult a SEBI-registered advisor before investing.

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 risks. Past performance is not indicative of future returns. This article is for informational purposes only and does not constitute financial advice. SEBI Research Analyst Registration No. INH000013776. Investment Adviser Registration No. INA000017639. Broker Registration No. INZ000317437.

Frequently Asked Questions on Surana Solar Share Price Forecast

What is the Surana Solar share price forecast for the next 3 years?

Ans. The Surana Solar share price forecast for the next 3 years is scenario based rather than a single number. By 2030, the illustrative range spans Rs 19.70 in the bear case to Rs 47.29 in the bull case, with a base case near Rs 35.46, depending on earnings delivery and market conditions.

What is the Surana Solar share price forecast for 2027?

Ans. For 2027, the scenario range works out to Rs 24.96 to Rs 34.15, with a base case around Rs 28.90. This assumes compounding on the current price of Rs 26.27 and is illustrative, not a guaranteed outcome.

What is the Surana Solar share price forecast for 2028?

Ans. The 2028 scenario range is Rs 22.33 to Rs 39.41, with the base case near Rs 31.52. Actual levels will depend on earnings growth, sector trends and overall market valuations at the time.

What is the current share price of Surana Solar?

Ans. Surana Solar currently trades at around Rs 26.27 on the NSE, within a 52 week range of Rs 18.30 to Rs 39.10. Prices change continuously during market hours, so check live quotes before acting.

Is Surana Solar a good stock for the long term?

Ans. Surana Solar has a long term story built on rising rooftop solar adoption and domestic module demand under the PLI scheme, but it also carries risks since solar module price deflation and competitive intensity from larger module manufa. Long term suitability depends on your risk profile and portfolio, so consult a SEBI registered investment advisor before investing.

What is the Surana Solar share price outlook for 2030?

Ans. The Surana Solar share price outlook for 2030 spans Rs 19.70 to Rs 47.29 across bear and bull scenarios. Where the stock actually lands will be driven by profit growth, valuation multiples and macro conditions closer to that date.

What are the key risks to the Surana Solar share price forecast?

Ans. The main risks are solar module price deflation and competitive intensity from larger module manufacturers are key risk. Any of these can push the stock below the base case scenario discussed in this article.



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Author: Kunal Singla
Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.

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