Exciting prospects but partially priced in

Solar Industries Q2 Results Review - Record Margins; Benign Prospects: ICICI Securities

The fire incident occurred on August 12 while workmen were disposing off waste material in the burning area of Economic Explosives in Nagpur

One dead, 2 injured in fire at Solar Industries’ Nagpur facility

Traction evident in (margin-accretive) defence business.

Solar Industries Q1 Results Review - Volatility Bottoming Out; Pinaka Order Awaited: ICICI Securities

Ircon International’s stock confirms a bullish flag pattern after breaking out of the ₹80-₹87 range. Positive trend over the past year indicates potential for a rally to ₹120. Consider long positions at ₹93.2, adjust stop-loss levels accordingly, and book profits at ₹120. Solar Industries India’s st…

Technical Analysis: Ircon International, Solar Industries India and Sterling and Wilson Renewable Energy

Net Sales are expected to decrease by 5 percent Y-o-Y (down 20.4 percent Q-o-Q) to Rs. 1,534.9 crore, according to Nirmal Bang.

Solar Industries India Q1 PAT may dip 2% YoY to Rs. 166.8 cr: Nirmal Bang

Four special resolutions, including on the appointment of an independent director and alteration of the company’s articles of association, moved at the annual general meeting of the industrial explosives and ammunition manufacturer last week, were defeated amid a fight between two brothers: Satyanar…

Solar Industries AGM exposes feud between Nuwal brothers

Satyanarayan Nuwal started Solar Industries India in 1995 to trade in industrial explosives then started manufacturing them.

From sleeping on Railway platforms to building Rs 35,800 crore company, meet Satyanarayan Nuwal, Chairman of Solar Industries | The Financial Express

#4QWithCNBCTV18 | #SolarIndustries reports a healthy set of #Q4 earnings. CFO, Shalinee Mandhana tells @_soniashenoy, @ekta_batra & @blitzkreigm that their #defence revenue can touch Rs 800 crores in #FY24.

In an exclusive conversation with CNBC-TV18, Shalinee Mandhana, CFO, Solar Industries, speaks on the firm's Q4 results. Listen in.

#solarindustriesindialimited #Q4FY23results #Q4FY23earnings #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

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Solar Industries’ Shalinee Mandhana Speaks On Strong Q4 Earnings | Halftime Report | CNBC-TV18

“Economic Explosives Ltd, a wholly-owned subsidiary of the company has signed a contract for supply of loitering munition with the Ministry of Defence,” Solar Industries India said in a regulatory filing.

Solar Industries India bags Rs 212 crore order from Ministry of Defence

A Solar Industries official said with government’s initiative to bring Atmanirbharta in ammunition and defence systems, the first indigenous Loiter Munition (LM), Nagastra-1, has been designed and developed by Economics Explosives Ltd (EEL), a 100 per cent subsidiary of Solar Industries Nagpur, in a…

Solar Industries to supply UAV ‘Nagastra’ to Indian Army

FTSE All World Index, APL Apollo Tubes, IDBI Bank, Indian Bank, Kotak Mahindra Bank, Patanjali Foods, Solar Industries, Supreme Industries, and Vedant Fashions are included

FTSE Global Equity Index rejig: IDBI Bank, ACC, others added to largecap index

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

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

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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