Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The CP has been placed by the company on November 22, 2021, in favour of Axis Bank Limited.

Solar Industries zooms on placement of commercial paper worth Rs50cr

The company stock ended lower amid a rating announcement on the Rs50cr CP programme.

CRISIL assigns A1+ rating for Solar Industries commercial paper programme

Hathway Cable & Datacom Ltd, IDBI Bank Ltd, Solar Industries India Ltd and Grindwell Norton Ltd are among the other losers in the BSE’s ‘A’ group today, 03 November 2021.

Greenply Industries Ltd leads losers in ‘A’ group

Solar Industries India consolidated net profit rises 13.19% in the September 2021 quarter

Balaji Amines Ltd, PVR Ltd, K E C International Ltd and Solar Industries India Ltd are among the other gainers in the BSE’s ‘A’ group today, 25 October 2021.

ICICI Bank Ltd leads gainers in ‘A’ group

Solar Industries India Ltd, South Indian Bank Ltd, DCM Shriram Ltd and Sasken Technologies Ltd are among the other losers in the BSE’s ‘A’ group today, 22 October 2021.

IIFL Wealth Management Ltd leads losers in ‘A’ group

The order is for the supply of bulk explosives.

Solar Industries stock hits new highs after bagging supply order worth Rs1,471cr from Coal India

Solar Industries India said that it received orders worth Rs 1,471 crore from Coal India (CIL) to supply bulk explosives over a period of two years.

Solar Ind bags contract from Coal India

Solar Industries Q1 Review - Strong Earnings Momentum Continues: ICICI Direct

Shalinee Mandhana, the CFO of Solar Industries, joins in to discuss their quarterly earnings. The company posted a strong set of Q1FY22 numbers. Let's listen in to their revenue target for the defence segment for the year and also what is their orderbook.

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Shalinee Mandhana On Solar Industries Revenue Target For The Year | Halftime Report | CNBC-TV18

Solar Industries India consolidated net profit rises 131.62% in the June 2021 quarter

Solar Industries India Limited is an explosives manufacturing company. The Company manufactures, supplies and exports industrial explosives and initiating systems.

Solar Industries India Ltd

Solar Industries India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Solar Industries zooms on placement of commercial paper worth Rs50cr

CRISIL assigns A1+ rating for Solar Industries commercial paper programme

Greenply Industries Ltd leads losers in ‘A’ group

Solar Industries India consolidated net profit rises 13.19% in the September 2021 quarter

ICICI Bank Ltd leads gainers in ‘A’ group

IIFL Wealth Management Ltd leads losers in ‘A’ group

Solar Industries stock hits new highs after bagging supply order worth Rs1,471cr from Coal India

Solar Ind bags contract from Coal India

Solar Industries India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Solar Industries zooms on placement of commercial paper worth Rs50cr

CRISIL assigns A1+ rating for Solar Industries commercial paper programme

Greenply Industries Ltd leads losers in ‘A’ group

Solar Industries India consolidated net profit rises 13.19% in the September 2021 quarter

ICICI Bank Ltd leads gainers in ‘A’ group

IIFL Wealth Management Ltd leads losers in ‘A’ group

Solar Industries stock hits new highs after bagging supply order worth Rs1,471cr from Coal India

Solar Ind bags contract from Coal India

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock