Solar Industries India Ltd Share Price
(SOLARINDS)
₹11317.05▲4.08%
as on 04:01PM, 11 Apr 2025
Solarinds Performance
Day's Low
Day's High
₹11,091Day's Price Range₹11,41152 Week's Low
52 Week's High
₹7,888.2552-Week Price Range₹13,298
| Returns % | |
| 1 Month Return | + 11.35 % |
| 3 Month Return | + 21.87 % |
| 1 Year Return | + 27.5 % |
| Market Stats | |
| Previous Close | ₹10,873.55 |
| Open | ₹11,091.00 |
| Volume | 91.40K |
| Upper Circuit | ₹11,960.90 |
| Lower Circuit | ₹9,786.20 |
| Market Cap | ₹98,394.81Cr |
Solarinds Fundamentals
P/E Ratio
87.67
PEG Ratio
2.52
Market Cap
₹98,394.81 Cr
P/B Ratio
33.89
EPS
96.71
Dividend Yield
0.1
Sector
Aerospace & Defence
ROE
28.99
Mutual Fund Holdings of Solarinds
Solarinds Analyst Rating
based on 5 analysts
80.00%
Buy
20.00%
Hold
0.00%
Sell
Based on 5 analysts offering long term price targets for Solarinds. An average target of ₹11447
Source: S&P Global Market Intelligence
Solarinds Share analysis
Solarinds price forecast by 5 analysts
Upside of5.27%
High
₹13720
Target
₹11447.00
Low
₹9620
Solarinds target price ₹11447, a slight upside of 5.27% compared to current price of ₹11317.05. According to 5 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Solarinds revenue growth forecast
Expected growth rate Q1, FY2027:84.84%
Forecast
Actual
Including amortisation and stock based compensations
Solarinds EPS growth forecast
EPS estimate Q1, FY2027:131.50%
Forecast
Actual
Source: S&P Global Market Intelligence
Key events for Solar Industries India Ltd
Solar Industries Expands Stronghold in Defence Sector - 02 Apr, 2025
Solar Industries, a long-time explosives manufacturer, is significantly increasing its presence in the defence market, anticipating a 30-35% revenue share. Recent deals include a ₹10,000 crore procurement for the Pinaka rocket launcher and a ₹12,700 crore MoU for a Mega Defence project in Nagpur, potentially generating ₹25,000 crore in revenue.Solar Industries Signs MoU for Defense Project - 30 Mar, 2025
Solar Industries India Ltd's subsidiary, Economic Explosives Limited, signed a memorandum of understanding with the Maharashtra government to establish a significant defense and aerospace project in Nagpur, highlighting the company's commitment to the defense sector.Bullish Momentum for Solar Industries India Ltd - 27 Mar, 2025
Solar Industries India Ltd shows bullish momentum after a falling wedge breakout at ₹10,000, with a target of ₹11,375 and a stop loss at ₹10,725. The stock continues to form a higher-high-and-higher-low pattern.Solar Industries Shares Rise Amid Positive Outlook - 21 Mar, 2025
Solar Industries India Limited, a leading explosives manufacturer, experienced a 2.19% increase in share price. Analyst Rahul Arora remains bullish, projecting strong growth in topline and cash flows.ICICI Securities Sets Positive Target for Solar Industries - 14 Mar, 2025
Solar Industries India Ltd has a strong defense order book valued at Rs 13,000 crore, with a buy target of ₹13,720 set by ICICI Securities, indicating significant growth potential.Solar Industries Gains 5% After CP Issuance - 13 Mar, 2025
Solar Industries shares rose by 5% following the issuance of commercial paper worth Rs 75 crore. The stock reached an intraday high of Rs 10,247.45, reflecting strong market performance and a 33% gain over the past year.Bullish Outlook for Solar Industries India Ltd - 12 Mar, 2025
Analysts recommend buying Solar Industries stock at ₹9,765, targeting ₹10,200-10,300, with a stop loss at ₹9,560. The stock shows bullish indicators, including a potential falling wedge breakout and favorable RSI and MACD readings.Solar Industries Secures Major Defence Export Orders - 10 Mar, 2025
Solar Industries has a defence order book of Rs 13,000 crore, with 45-50% from exports. The company is well-positioned to benefit from global TNT shortages and has secured interest in its Pinaka rocket system from France, along with testing its counter-drone system, Bhargavastra.Solar Industries Secures Major Defence Contract - 04 Mar, 2025
Solar Industries India Limited's subsidiary, Solar Defence and Aerospace, has won a Rs 239 crore contract from the Ministry of Defence for multi-mode hand grenades. This order reinforces the company's position in the defence sector, alongside strong financial performance with a 54.86% profit increase in Q3 FY25.
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 IMPACTBest 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 6.64% to 6.83% in Dec 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, SOLARINDS stock has moved up by 21.9%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 11.71% to 11.74% in Dec 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 6 quarters, 1.35K Cr → 1.98K Cr (in ₹), with an average increase of 7.3% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 285.88 Cr → 314.87 Cr (in ₹), with an average increase of 9.2% per quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 73.15% of holdings in Dec 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 7.53% to 7.23% in Dec 2024 quarter
Solarinds Financials
Solarinds Index Inclusions
Solarinds Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 73.15% | 0.00 | |
| Foreign Institutions | 7.23% | ||
| Mutual Funds | 11.74% | 0.29 | |
| Retail Investors | 6.83% | 2.85 | |
| Others | 1.04% | 7.20 |
Solarinds Key Indicators
Solarinds Valuation
Solarinds in the last 5 years
Lowest (27.43x)
March 23, 2020
Industry (53.42x)
April 9, 2025
Today (87.67x)
April 9, 2025
Highest (120.92x)
July 10, 2024
Solarinds Earnings and Dividends
Solar Industries India Ltd Earnings Results
Solar Industries India Ltd’s net profit jumped 54.86% since last year same period to ₹314.87Cr in the Q3 2024-2025. On a quarterly growth basis, Solar Industries India Ltd has generated 10.14% jump in its net profits since last 3-months.
Read More about Earnings ResultsSolar Industries India Ltd Dividends May,2024
In the quarter ending March 2024, Solar Industries India Ltd has declared dividend of ₹8.50 - translating a dividend yield of 0.08%.
Read More about Dividends
Solarinds Technicals Summary
Bearish
Neutral
Bullish
Solar Industries India Ltd is currently in a Bullish trading position according to technical analysis indicators.
Solarinds Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹98,394.81 Cr | 219.51% | 0.56 | ₹875 Cr | ₹6,069 Cr | |
| BUY | ₹24,651.00 Cr | 58.91% | 0.51 | ₹810 Cr | ₹7,681 Cr | |
| BUY | ₹21,216.71 Cr | 4.83% | 0.53 | NA | NA | |
| BUY | ₹19,736.14 Cr | 34.65% | 0.52 | ₹270 Cr | ₹2,065 Cr | |
| BUY | ₹15,299.70 Cr | 4.73% | 0.50 | ₹324 Cr | ₹4,725 Cr |
About Solarinds
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.
Revenue: ₹1,973.08Cr as on December 2024 (Q4 24)
Net Profit: ₹337.50Cr as on December 2024 (Q4 24)
Listing date: 03 Apr, 2006
Chairperson Name: Satyanarayan Nuwal
| Organisation | Solarinds |
| Headquarters | |
| Industry | Aerospace & Defence |
| E-voting on shares | Click here to vote |
FAQs on Solar Industries India Ltd
What is Solar Industries India Ltd price today?
Solar Industries India Ltd share price today stands at ₹11317.05, Open: ₹11091, Previous Close: ₹10873.55, High: ₹11411, Low: ₹11091, 52 Week High: ₹13298, 52 Week Low: ₹7888.25.
How to Buy Solar Industries India Ltd Share in India?
- Get a PAN card
- Open a Demat account
- Open a Trading account
- Link your Demat account to your Trading account
- Fund your Trading account
- Place an order to buy Solar Industries India Ltd shares
What are today's traded volumes of Solar Industries India Ltd?
Today's traded volume of Solar Industries India Ltd(SOLARINDS) is 91.40K.
What is today's market capitalisation of Solar Industries India Ltd?
Today's market capitalisation of Solar Industries India Ltd(SOLARINDS) is ₹98394.81Cr.
What is the 52 Week High and Low Range of Solar Industries India Ltd?
How much percentage Solar Industries India Ltd is down from its 52 Week High?
Solar Industries India Ltd (SOLARINDS) share price is ₹11317.05. It is down -14.90% from its 52 Week High price of ₹13298
How much percentage Solar Industries India Ltd is up from its 52 Week low?
Solar Industries India Ltd (SOLARINDS) share price is ₹11317.05. It is up 43.47% from its 52 Week Low price of ₹7888.25