
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.
Updated: 31 Jul 2026 • 3:51 pm
Posted by:

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.
Click Here – Get Free Investment Predictions
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.
Download the Univest iOS App or Univest Android App to track Surana Solar share price and get real-time alerts.
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.
Recent Articles

Nifty Private Bank Prediction for Tomorrow, Monday 3 August 2026: What Friday's Session Sets Up
31 July 2026

Nifty IT Prediction for Tomorrow, Monday 3 August 2026: What Friday's Session Sets Up
31 July 2026

Zinc Prediction for Tomorrow, Monday 3 August 2026: MCX Levels Heading Into the New Week
31 July 2026

Silver Prediction for Tomorrow, Monday 3 August 2026: MCX Levels Heading Into the New Week
31 July 2026
Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.
Reviews
Recent Posts
Nifty Private Bank Prediction for Tomorrow, Monday 3 August 2026: What Friday's Session Sets Up
Nifty IT Prediction for Tomorrow, Monday 3 August 2026: What Friday's Session Sets Up
Zinc Prediction for Tomorrow, Monday 3 August 2026: MCX Levels Heading Into the New Week
Silver Prediction for Tomorrow, Monday 3 August 2026: MCX Levels Heading Into the New Week
Stock Market Prediction for Tomorrow, Monday 3 August 2026: Wall Street Rally Meets RBI Verdict Week
Popular this week
Nifty Private Bank Prediction for Tomorrow, Monday 3 August 2026: What Friday's Session Sets Up
Nifty IT Prediction for Tomorrow, Monday 3 August 2026: What Friday's Session Sets Up
Zinc Prediction for Tomorrow, Monday 3 August 2026: MCX Levels Heading Into the New Week
Silver Prediction for Tomorrow, Monday 3 August 2026: MCX Levels Heading Into the New Week
Stock Market Prediction for Tomorrow, Monday 3 August 2026: Wall Street Rally Meets RBI Verdict Week

Uniresearch Global Pvt Ltd
Research Analyst
SEBI Registration Number — INH000013776
Uniresearch is a subsidiary of Univest Communication Technologies Private Limited
Company Address: Registered Address: Ground Floor, Unitech Commercial Tower 2, Block B, Greenwood City, Unit 1-3, Sector 45, Gurugram, Haryana 122003
Write to us : support@univest.in, compliance@univest.in
Verify on SEBI registry →RESEARCH ANALYST
Get SEBI Registered
advice on the stocks
trending today.
Get 3 FREE Trade Ideas
for Startups Accelerator 2024
Trusted by 1Cr Indians
Awarded No.1 by Economic Times





