Solar Industries India Ltd Share Price (SOLARINDS)

Solar Industries India Ltd Worth Considering for Watchlist - 07 Apr, 2024

Solar Industries India's EPS growth has been climbing at an appreciable rate, and the large investment held by insiders is a positive sign. It may be worth considering adding Solar Industries India to your watchlist.

Hem Securities Recommends Buy Call on Solar Industries India Ltd - 03 Apr, 2024

Solar Industries India Ltd's operating profit margins expanded to 21.27% from 14.69%, with net profits jumping to Rs 138.3 crore from Rs 115.6 crore. Hem Securities recommends a buy call on the stock due to strong growth in exports and overseas operations, steady demand from mining and infra sector, healthy execution in defence segment, better performance from overseas subsidiaries, revenue increase from non-CIL customers in coal segment, and expected pick up in defence and export segments.

ICICI Securities Recommends Buying Solar Industries with Revised Target Price - 27 Mar, 2024

ICICI Securities has recommended buying Solar Industries with a revised target price of Rs 10,950. The company is expected to benefit from its participation in the defence sector and developing bombs for Su-30MKI, loitering munitions, counter drones, and long-range rockets.

ICICI Securities Raises Target Price for Solar Industries India Ltd - 26 Mar, 2024

ICICI Securities has raised its earnings per share estimates for FY25/26E by 4%/16% due to the company's participation in developing ammunitions, rockets, and drones. The revised target price is Rs 10,950 with a Buy rating as there are significant prospects in the defence space that have not yet been captured in its estimates.

Solar Industries India Founder's Net Worth Reaches $4.1 Billion - 21 Mar, 2024

Satyanarayan Nandlal Nuwal, the self-made billionaire businessman who founded Solar Industries India in 1995, now has a net worth of $4.1 billion. The company's market value grew by 1,700% over a decade to more than Rs 35,000 crore by November 2022.

Solar Industries Hits Record High on Defence Export Order - 18 Mar, 2024

Shares of Solar Industries India Ltd hit a record high of Rs 8980.45 on BSE after receiving an export order worth INR 4.45 bn for defence products. ICICI Securities has maintained a target price of Rs 9050 and retained its BUY rating.

Solar Industries India Hits All-Time High Amid Heavy Volumes - 15 Mar, 2024

Industrial Explosives maker, Solar Industries India's stock price hits an all-time high of Rs 8,686.30, rallying 6% on the BSE amid heavy volumes in a weak market.

Solar Industries India's Defence Revenue Expected to Rise - 12 Mar, 2024

Solar Industries India is set to see its revenue from defence rise to 18-20% from FY25, with margins over 25%. ICICI Securities has raised the company's target price to Rs. 9,050 and maintained its Buy rating.

Solar Industries Shares Surge on Defence Export Orders Worth Rs 455 Crore - 11 Mar, 2024

Solar Industries India's stock surged as it won defence export orders worth Rs 455 crore for the supply of products over the next two years. The company did not disclose the name of the client from which it won the orders. In Q3 FY24, consolidated net profit marginally decreased to Rs 203.33 crore while net sales stood at Rs 1,429.14 crore.