Bright Solar Limited
Share Price Target & Analysis
NSE:BRIGHT
VWAP
Open
Close
High
Low
52 Week High
-3.75 (-44.64%)
BRIGHT
(Miscellaneous)Watch Carefully
52 Week Low
EPS
PE
PB
Uncertain
Quality
Unclear
Valuation
#Analysis
NSE: BRIGHT Share Price Financial Analysis & Valuation
Bright Solar Limited (BRIGHT) is broadly categorized in Miscellaneous segment industry which deals in Compressors / Pumps vertical.
It is one of Penny Stocks company with Market Capitalization of Rs 0 (in Cr). Total number of free float shares are 0 (in Lacs).
Bright Solar Limited is listed on NSE with Exchange ID - INE684Z01010 and trading code is NSE:BRIGHT with short name Bright Solar.
In the past 1 year, Bright Solar Limited has declared an equity dividend of Rs 0 per share. At the current share price of BRIGHT at Rs 4.65, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:BRIGHT, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine BRIGHT underlying value and future prospects. All of this data is available in BRIGHT financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:BRIGHT, it is clearly understood that BRIGHT is Uncertain performer in terms of earnings and profit margins with an EPS of 0. NSE:BRIGHT book value per share as of today is 11.78. The current price to book ratio for BRIGHT as of Nov 23, 2024 is 0.39.
Valuation of the Stock: The current valuation of BRIGHT stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of BRIGHT whether to BUY this stock at current valuation. The delivery percentage of BRIGHT is 100% is very crucial parameter which shows that 100% investors are anticipating that the price of BRIGHT share should go up with VWAP at 4.65.
Now, the main question is whether to BUY or SELL, NSE:BRIGHT at current valuation.
As per latest Analysis No. #671:-
⇑ STRONG BUY BRIGHT if All Greens
⇗ BUY BRIGHT (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD BRIGHT (With Stop Loss) if only 1 Green
⇘ SELL BRIGHT if NO Green Indicator
NSE: BRIGHT Share Price Today (Nov 23, 2024)
(Bright Solar Limited Daily Analysis on the basis of BRIGHT Intraday Graph & Trend)
Bright Solar Limited share price moved Down by -44.64% from its previous close of Rs 8.4. BRIGHT stock last traded price is 4.65. BRIGHT share price trend is Down with a total of 75000 stocks traded till now. It has touched an intraday high of Rs 4.65 and an intraday low of Rs 4.65. The BRIGHT trading at 4.65, Down by Rs. -3.75, or -44.64 percent which suggests that most of the Traders are anticipating that the price of BRIGHT share should go Down.
NSE: BRIGHT Share Price Tomorrow Prediction
(Bright Solar Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of BRIGHT)
Bright Solar Limited share price moved Down by -44.64%. BRIGHT share price short term trend is Down. It suggests that BRIGHT Share Price for Tomorrow remains the same with VWAP at 4.65 will be treated as stop loss for intraday traders. Bright Solar Limited Long term investors can follow the BRIGHT long term trend as mentiond in future forecast table.
NSE Code |
NSE: BRIGHT |
BRIGHT Share Price Today |
4.65 |
BRIGHT Share Price Target Prediction for 2024 ^ |
4.9 - 9.1 |
BRIGHT Share Price Target Prediction for 2025*^ |
9.1 - 9.5 |
BRIGHT Share Price Target Prediction for 2026*^ |
9.5 - 10 |
BRIGHT Share Price Target Prediction for 2027*^ |
11 |
BRIGHT Share Price Target Prediction for 2028*^ |
11 |
BRIGHT Share Price Target Prediction for 2030*^ |
11 |
BRIGHT Current Book Value 2023 |
11.7 |
*Bright Solar Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^BRIGHT share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
BRIGHT Technical Analysis (In Process... .. .)
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Most popular Questions & Answers about BRIGHT
Bright Solar Limited stock last traded price is 4.65. BRIGHT share price moved Down by -44.64% from its previous close of Rs 8.4.
Bright Solar Limited share price trend is Down with a total of 75000 stocks traded till now. It has touched an intraday high of Rs 12.625 and an intraday low of Rs 4.65. The BRIGHT trading at 4.65, Down by Rs. -3.75, or -44.64 percent which suggests that most of the Traders are anticipating that the price of BRIGHT share should go Down and the Stop Loss will be around 4.65.
The market cap of Bright Solar Limited is ₹0 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Bright Solar Limited as of Nov 22, 2024 is 64.96.
The current price to book ratio for Bright Solar Limited as of Nov 22, 2024 is 0.39.
The highest price of Bright Solar Limited stock is ₹12.5 in the last 52-week.
The lowest price of Bright Solar Limited stock is ₹4.65 in the last 52-week.
Bright Solar Limited share trading at ₹4.65, Down by Rs. -3.75, or -44.64 percent which suggests that most of the traders are anticipating that the price of BRIGHT share should go Down.
In 2023, Stock price target for Bright Solar Limited (BRIGHT) are ₹4.9 on downside and ₹9.1 on upside. Bright Solar Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Bright Solar Limited (BRIGHT) are ₹9.1 on downside and ₹9.5 on upside. Bright Solar Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Bright Solar Limited (BRIGHT) are ₹9.5 on downside and ₹10 on upside. Bright Solar Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Bright Solar Limited (BRIGHT) will be around ₹11 Bright Solar Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of BRIGHT.
The price of Bright Solar Limited (BRIGHT) shares moved by -44.64%. The short-term trend for BRIGHT share price is Down. It implies that the share price of BRIGHT will stay the same tomorrow and that intraday traders should treat VWAP at 4.65 as a stop loss. Investors with a long-term outlook can track BRIGHT long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of BRIGHT stock is Unavailable at this moment. Compared to the current market price of 4.65 INR, the BRIGHT stock is unpredictable by lack of Insufficient data.
As per the fundamental analysis of Bright Solar Limited (BRIGHT), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Bright Solar Limited book value per share as of today is 11.78. The current price to book ratio for BRIGHT as of Nov 23, 2024 is 0.39.
NSE:BRIGHT News & Other Useful Information about BRIGHT Share Price
Peer Comparison of NSE: BRIGHT
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Compressors / Pumps
Company | Price | EPS | BV |
---|---|---|---|
LATTEYS | 35.04 | 0.27 | 3.21 |
BRIGHT | 4.65 | 0 | 11.78 |