Solar Industries India Ltd (SOLARINDS)
₹8999.9▲1.38%
Solar Industries India Ltd share Performance
- ₹8892.1₹9060₹8999.9
1.20%
Low
Day's Volatility:1.87%
High
0.67%
- ₹3453.35₹9449₹8999.9
61.63%
Low
52 Weeks Volatility:66.62%
High
4.99%
| Returns % | |
| 1 Month Return | 1.17 % |
| 3 Month Return | 33.88 % |
| 1 Year Return | 132.05 % |
| Market Stats | |
| Previous Close | ₹8,877.80 |
| Open | ₹8,939.00 |
| Volume | 1.10L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹80,335.26Cr |
Analyst Rating
based on 4 analysts
Based on 4 analysts offering long term price targets for Solar Industries India Ltd. An average target of ₹7891.5
Source: S&P Global Market Intelligence
Company Information
Solar Industries India Ltd. manufactures and supplies a wide range of products including explosives, detonators, detonating cords, emulsion explosives, blasting accessories, and speciality chemicals. The company also provides services such as blasting services, training and consultancy services, and engineering services. Its popular brands include Solar, Solarite, and Solar-X.
The company's operations are divided into four major lines of business: explosives, detonators, blasting accessories, and speciality chemicals. Its top products include Solarite, Solar-X, and Solar-Gel. Solar Industries India Ltd. is committed to providing its customers with quality products and services that meet the highest safety and environmental standards.
Share Price: ₹8999.90 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹80,335.26Cr as of today
Revenue: ₹1,429.14Cr as on December 2023 (Q4 23)
Net Profit: ₹221.94Cr as on December 2023 (Q4 23)
Listing date: 03 Apr, 2006
Chairperson Name: Satyanarayan Nuwal
| Organisation | Solar Industries India Ltd |
| Headquarters | |
| Industry | Aerospace & Defence |
| E-voting on shares | Click here to vote |
Key events for Solar Industries India Ltd
ICICI Securities Recommends Solar Industries with 24% Upside - 29 Apr, 2024
ICICI Securities has recommended Solar Industries with a target price of ₹10,950, indicating 24% upside from current stock prices. The company has received two export orders worth ₹4440 Crore to be executed within three years, which is likely to give a significant thrust to defence revenue for the company.
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.
Fundamentals of Solar Industries India Ltd
Insights on Solar Industries India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 5.90% to 6.10% in Mar 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, SOLARINDS stock has moved up by 33.9%
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 5.89% to 6.23% in Mar 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 1.35K Cr → 1.44K Cr (in ₹), with an average increase of 5.9% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 197.41 Cr → 203.33 Cr (in ₹), with an average increase of 1.5% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 73.15% of holdings in Mar 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 14.48% to 13.83% in Mar 2024 quarter
Solar Industries India Ltd Valuation
Solar Industries India Ltd in the last 5 years
Lowest (27.43x)
March 23, 2020
Industry (61.72x)
May 2, 2024
Today (99.54x)
May 2, 2024
Highest (104.52x)
March 22, 2024
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 73.15% | 0.00 | |
| Foreign Institutions | 6.1% | 0.00 | |
| Mutual Funds | 13.83% | 0.00 | |
| Retail Investors | 6.23% | 0.00 | |
| Others | 0.69% | 0.00 |
Technicals of Solar Industries India Ltd share
News & Events of Solar Industries India Ltd
Frequently Asked Questions
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Solar Industries India Ltd (SOLARINDS) share price today is ₹8999.9
Solar Industries India Ltd is listed on NSE
Solar Industries India Ltd is listed on BSE
- Today’s highest price of Solar Industries India Ltd is ₹9060.
- Today’s lowest price of Solar Industries India Ltd is ₹8892.1.
PE Ratio of Solar Industries India Ltd is 99.54
PE ratio = Solar Industries India Ltd Market price per share / Solar Industries India Ltd Earnings per share
Today’s traded volume of Solar Industries India Ltd(SOLARINDS) is 1.10L.
Today’s market capitalisation of Solar Industries India Ltd(SOLARINDS) is ₹80335.26Cr.
| Solar Industries India Ltd(SOLARINDS | Price |
|---|---|
52 Week High | ₹9449 |
52 Week Low | ₹3453.35 |
Solar Industries India Ltd(SOLARINDS) share price is ₹8999.9. It is down -4.75% from its 52 Week High price of ₹9449
Solar Industries India Ltd(SOLARINDS) share price is ₹8999.9. It is up 160.61% from its 52 Week Low price of ₹3453.35
| Solar Industries India Ltd(SOLARINDS | Returns |
|---|---|
1 Day Returns | 122.1% |
1 Month Returns | 1.17% |
3 Month Returns | 33.88% |
1 Year Returns | 132.05% |