Solarinds Share Price
(SOLARINDS)
₹8723.5
as on 04:01PM, 27 Feb 2025
Solarinds Performance
Day's Low
Day's High
₹8,662Day's Price Range₹8,86652 Week's Low
52 Week's High
₹6,70152-Week Price Range₹13,298
| Returns % | |
| 1 Month Return | -4.72 % |
| 3 Month Return | -13.81 % |
| 1 Year Return | + 29.49 % |
| Market Stats | |
| Previous Close | ₹8,870.10 |
| Open | ₹8,853.10 |
| Volume | 90.58K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹80,265.58Cr |
Solarinds Key Statistics
P/E Ratio
71.52
PEG Ratio
2.05
Market Cap
₹80,265.58 Cr
P/B Ratio
33.89
EPS
96.71
Dividend Yield
0.1
Sector
Aerospace & Defence
ROE
28.99
Solarinds Mutual Fund Holdings
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 of29.05%
High
₹13720
Target
₹11447.00
Low
₹9620
Solarinds target price ₹11447, a slight upside of 29.05% compared to current price of ₹8723.5. 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 India Faces Correction Amid Bullish Outlook - 27 Feb, 2025
Solar Industries India shares have corrected 34% from their record high, yet ICICI Securities remains bullish with a price target of Rs 13,720. The company reported strong Q3 results, with a 55.2% rise in net profit and significant revenue growth. Analysts expect robust revenue and EPS growth driven by defense and domestic sales.Solar Industries Receives Positive Broker Call - 24 Feb, 2025
ICICI Securities hosted Solar Industries' management, highlighting growth in defence and exports, stable EBITDA margins, and a favorable macro environment. They maintain a 'Buy' rating with a target price of Rs 13,720, viewing recent stock price corrections as a buying opportunity.Solar Industries Secures Major Defence Contract - 09 Feb, 2025
Solar Industries' subsidiary, Economic Explosive Limited, has secured a INR 101.4 billion contract with the Ministry of Defence for advanced munitions, potentially boosting exports and stock re-rating. ICICI Securities maintains a BUY rating with a target price of INR 13,720.Solar Industries Faces Revenue Guidance Cut Amid Defence Order - 06 Feb, 2025
Solar Industries India Ltd faced a share price drop after lowering FY25 revenue guidance despite reporting a 55% rise in Q3 profit. However, its subsidiary secured a significant Rs 6,084 crore defence order, marking a positive development for the company.Solar Industries Reports Strong Q3 Financial Results - 05 Feb, 2025
Solar Industries India Ltd announced robust Q3 FY25 results with a 54% increase in net profit to ₹337.5 crore and a 38% rise in revenue to ₹1,973.08 crore. The company also reported strong standalone sales and earnings growth, reflecting operational efficiency and a solid order book.Solar Industries Benefits from Major Defense Project Approval - 29 Jan, 2025
The Cabinet Committee on Security has approved a project exceeding Rs 10,000 crore for ammunition, with Solar Industries playing a key role in manufacturing for the Indian Army's Pinaka systems.
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 1 Year
In the last 1 year, SOLARINDS has outperformed top 5 stocks with highest market-cap in Commodity Chemicals
- 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
Retail Holding Up
Retail Investor have increased holdings from 6.64% to 6.83% in Dec 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 11.71% to 11.74% in Dec 2024 quarter
- 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
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
Price Rise
In the last 3 years, SOLARINDS stock has moved up by 283.5%
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
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 (46.54x)
February 25, 2025
Today (71.52x)
February 25, 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 0.10%.
Read More about Dividends
Solarinds Technicals Summary
Bearish
Neutral
Bullish
Solar Industries India Ltd is currently in a Bearish 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 | ₹80,265.58 Cr | 130.35% | 0.56 | ₹875 Cr | ₹6,069 Cr | |
| HOLD | ₹26,233.16 Cr | 57.82% | 0.51 | ₹810 Cr | ₹7,681 Cr | |
| BUY | ₹21,244.80 Cr | 1.86% | 0.53 | NA | NA | |
| BUY | ₹18,894.00 Cr | 31.5% | 0.52 | ₹270 Cr | ₹2,065 Cr | |
| BUY | ₹15,528.76 Cr | 1.22% | 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.
Share Price: ₹8723.50 per share as on 27 Feb, 2025 04:01 PM
Market Capitalisation: ₹80,265.58Cr as of today
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 ₹8723.5, Open: ₹8853.1, Previous Close: ₹8870.1, High: ₹8866, Low: ₹8662, 52 Week High: ₹13298, 52 Week Low: ₹6701.
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
Is Solar Industries India Ltd listed on NSE?
Solar Industries India Ltd is listed on NSE
Is Solar Industries India Ltd listed on BSE?
Solar Industries India Ltd is listed on BSE
What are today's High and Low prices of Solar Industries India Ltd?
- Today's highest price of Solar Industries India Ltd is ₹8866.
- Today's lowest price of Solar Industries India Ltd is ₹8662.
What are today's traded volumes of Solar Industries India Ltd?
Today's traded volume of Solar Industries India Ltd(SOLARINDS) is 90.58K.
What is today's market capitalisation of Solar Industries India Ltd?
Today's market capitalisation of Solar Industries India Ltd(SOLARINDS) is ₹80265.58Cr.
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 ₹8723.5. It is down -34.40% 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 ₹8723.5. It is up 30.18% from its 52 Week Low price of ₹6701
What are the historical returns of Solar Industries India Ltd?
What is the PE ratio of Solar Industries India Ltd today?
PE Ratio of Solar Industries India Ltd is 71.52
PE ratio = Solar Industries India Ltd Market price per share / Solar Industries India Ltd Earnings per share