Surana Solar Share Price

Surana Ventures Ltd. is a subsidiary of the Surana Group, which has its headquarters in Hyderabad, India. This producer of solar energy systems has a significant emphasis on the production of solar photovoltaic PV Modules as their core line of business. On the Indian market, they provide solar photovoltaic modules that are of high quality and have the greatest price-to-performance ratio possible. Both Fabcity SEZ Hyderabad and Cherlapally Hyderabad are locations in Hyderabad that the firm uses as locations for its manufacturing facilities.

The company's commodities are sold and distributed all around the nation under the brand name Surana Ventures, which is also the business's name. On November 8, 2006, Surana Ventures Ltd. was formally organised as a business entity and put into operation. The year 2008 marked the beginning of the firm's venture into the manufacturing of solar energy systems, with a special focus on solar PV Modules.

This was the first year that the company manufactured solar energy systems. In the same year, the company was converted into a joint venture between the businesses Surana Telecom and Power Ltd and Bhagyanagar India Ltd, which resulted in each company owning 49% of the business. The remaining 2% was entirely the responsibility of the promotional group. When the business entered into a plan of arrangement with Surana Telecom and Power Ltd during the 2009-2010 fiscal year, the Solar Business of Surana Telecom and Power Ltd was included in the firm as a result of this arrangement.

The Bombay Stock Exchange Ltd. and the National Stock Exchange of India Ltd. began accepting trades in the company's shares on January 7, 2011, marking the first day they were made accessible for trading. The company accomplished backward integration by installing a 35 MW PV Cell line from Germany at a cost of Rs 90 crore.

This was done as part of the company's backward integration efforts. In addition, the company has put a total of Rs. 10 crores towards the development of a solar module manufacturing facility that is completely automated and under its control. The organisation has already placed orders for a 35 MW cell line, and the work-related to the provision of auxiliary infrastructure, which includes the construction of buildings, is already underway. Do you want to know more about Surana Solar Shares? Click Here to know about Surana Solar Share Price for today.