Taylormade Renewables Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
30.66% Fall from 52W High
-12
TTM PE Ratio
Price to Book Ratio
High in industry
31.6
Dividend yield 1yr %
0
TTM PEG Ratio
RSI
RSI is mid-range
58.4
MFI
MFI is mid-range
69.8

Taylormade Renewables Ltd shareholding Pattern

Promoter
61.8%
Public
38.2%
Promoter
63.1%
Public
36.9%
Promoter
63%
Public
37%
Promoter
62.7%
Public
37.3%
Promoter
60.2%
Public
39.8%
Promoter
60.2%
Public
39.8%

Taylormade Renewables Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
11
Bearish Moving Averages
5
5Day EMA
601.70
10Day EMA
583.30
12Day EMA
575.60
20Day EMA
555.60
26Day EMA
550.20
50Day EMA
561.30
100Day EMA
583.70
200Day EMA
547.40
5Day SMA
613.60
10Day SMA
588.90
20Day SMA
533.00
30Day SMA
507.80
50Day SMA
547.00
100Day SMA
634.20
150Day SMA
618.90
200Day SMA
599.80
Delivery & Volume
Resistance & Support
597.13
Pivot
Resistance
First Resistance
606.27
Second Resistance
619.13
Third Resistance
628.27
Support
First Support
584.27
Second support
575.13
Third Support
562.27
Relative Strength Index
58.45
Money Flow Index
69.81
MACD
25.39
MACD Signal
11.66
Average True Range
34.69
Average Directional Index
27.20
Rate of Change (21)
37.94
Rate of Change (125)
7.89
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Taylormade Renewables Ltd Company background

Founded in: 2010
Managing director: Dharmendra Gor
Taylormade Renewables Limited was originally incorporated as a private limited company Taylormade Solar Solutions Private Limited at Ahmedabad, Gujarat on July 28, 2010. Subsequently, name of the Company was changed from Taylormade Solar Solutions Private Limited to Taylormade Renewables Private Limited on December 12, 2017. Consequently, the Company was converted to public limited Company pursuant to shareholders resolution passed at the Extra Ordinary General Meeting held on December 13, 2017 and the name of the Company was changed to Taylormade Renewables Limitedon December 21, 2017. The Promoters of the Company are Dharmendra Gor, Neera Gor, Jayesh Shah who were also the initial subscribers to the Memorandum of Association of the Company.Taylormade Renewables is an ISO 90012008 registered Company which is a newly organized, closely managed energy company that intends to provide solutions to the customers for their various thermal energy needs at a reasonable cost. It is promoted by First Generation Entrepreneurs Dharamendra Gor, Neera Gor and Jayesh Shah, who are affianced in Solar Thermal technology. The Company believes solar energy projects generally offer more predictable power generations characteristics, due to the relative predictability of sunlight over the course of time compared to other renewable energy classes and therefore the company expects they will provide more stable income streams. Solar energy projects provide maximum energy production during the middle of the day and in the summer months when days are longer and nights shorter. Generally, the demand for power tends to be higher at those times due to the use of air conditioning and as a result energy prices tend to be higher. In addition, solar projects are eligible to receive significant government incentives at both the Central and State levels which can be applied to offset project development costs or supplement the price at which power generated by these projects can be sold. Solar energy projects also tend to have minimal environmental impact enabling such projects to be developed close to areas of dense population where electricity demand is highest.The Company was incorporated in the year 2010 and subsequently started its commercial production from GIDC, Pardi, Valsad . Later in the year 2017 the company shifted its manufacturing unit from Valsad to its present location at Ahmedabad which is spread over to approximately 44,000 sq.feet. The Company is primarily engaged in manufacturing of Solar Parabolic Concentrating Systems for steam generation for steam cooking or other industrial application, direct or indirect heating of water or any other media for industrial requirement, solar airconditioning, and space heating, solar sludge drying, solar waste water evaporation and many more applications requiring thermal energy. It also manufactures and markets Solar Dish Cooker, Solar Box Cooker, Solar Dryer, Biomass cook stoves and Gasifier, Biomass Cook stoves, solar dryers, solar box cookers and solar dish cookers. Consecutively for 3 years the company received awards like, in 2014 Govt. of India, Ministry of New and Renewable Energy has awarded Taylormade Solar Solutions as the Most Active Channel Partner in the county for Concentrated Solar Thermal Technologies, Presented by Piyush Goyal, Honorable Minister of Power, Coal NRE, in 2015. The Company received award for Influential Solar Energy Leaders by solar energy global conference award, in 2016. The Company received award for most active channel partner in India by Ministry of New and Renewable Energy, Government of India for its contribution in the field Solar Renewable energy.The Company tied up with Linuo Group of China for import of Evacuated Tube Collector (ETC), Compound Parabolic Collector (CPC), Photovoltaic (PV) Cells and Modules. It has also tiedup with Larkfleed Ltd. U.K for manufacturing of Containerized Solar Steam technology for various solar thermal applications. The Company has collaborated with Larkfleet Limited, Cranfield University and Aston University in the UK and Pandit Deendayal Petroleum University (PDPU) in India and all the four Institutions (including TRL) is proposing the development of an innovative and costeffective solar thermally driven Reverse Osmosis water desalination system to be exploited in India.
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