Solar Industries India Ltd. News and Updates

Name: Latest research reports of Solar Industries India Ltd. authored by Chola Wealth Direct and published by - Trendlyne research reports.
Item: Solar Industries India Ltd.
Rating: 3
Author: Chola Wealth Direct

Keep track of all breaking news on Solar Industries India Ltd. from all sources in a single place.

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Solar Industries India Ltd.

15 Nov 2017

14708.00

0.62%

Solar Industries India Q2 net profit rises 24% to Rs 45.74 cr

Business Line

Solar Industries India on Tuesday reported a 24 per cent increase in its net profit at Rs 45.74 crore for the September quarter. The company had posted a net profit of Rs 36.93 crore during the...

Solar Industries India Ltd. has gained 36.93% in the last 1 Year

Solar Industries India Ltd.

20 Oct 2017

14708.00

0.62%

Solar industry fears for thousands of jobs should U.S. impose import restrictions

Economic Times

US President Donald Trump is expected to announce measures which would limit imports of solar panel as cheap imports were harming local manufacturers.

Solar Industries India Ltd. has gained 45.83% in the last 6 Months

Solar Industries India Ltd.

22 Aug 2017

14708.00

0.62%

SOLAR INDUSTRIES 1QFY18 EARNINGS

Neutral: Solar Industries India Ltd.

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Chola Wealth Direct

Background Established in 1984, Solar Industries is the largest manufacturer of industrial explosives and explosive initiating systems in India. With a licensed explosives capacity of over 290,000 MT/annum, the company has ~28% market share in India. Solar, with a 70% market share in exports from India, exports to 19 countries in Africa and South East Asia. Economic Explosives, a 100% subsidiary, manufactures detonators. Solar has manufacturing facilities spread across 16 locations and eight states in India. In recent years expanded its manufacturing base to Nigeria, Zambia and Turkey. SIIL has also interests in the coal mines (in Chattisgarh) through two JVs. Solar is...

Number of FII/FPI investors increased from 384 to 487 in Jun 2025 qtr.

Solar Industries India Ltd.

21 Jul 2017

14708.00

0.62%

Slackening demand for power a concern'

Business Line

First Solar India head says reduction in risk profile, low module costs have brought down tariffs

Solar Industries India Ltd. has gained 45.83% in the last 6 Months

Solar Industries India Ltd.

04 Jun 2017

14708.00

0.62%

Solar Industries eyes Rs 100 cr revenue from defence biz in FY18

Business Today

Industrial and military explosives manufacturer Solar Industries India (SIIL) is expecting Rs 100 crore revenue from its defence business this fiscal as it eyes 20 per cent increase in total income.

Solar Industries India Ltd. is trading below its 100 day SMA of 15146.4

Solar Industries India Ltd.

02 Jun 2017

14708.00

0.62%

Solar Industries India

Hold: Solar Industries India Ltd.

Recommendation Target

ICICI Securities Limited

Solar Industries (SIL) reported weak Q4FY17 numbers as the company witnessed a sharp decline in cartridge' realisations (down 13.5% YoY) for the quarter. Overseas segment also reported muted growth of 8.8% YoY (| 87.8 core in Q4FY17 vs. | 80.7 crore in Q4FY16). We estimate overseas revenue of | 103 crore. On the positive side, the company reported volume growth of ~14% and ~13% in bulk and cartridge segment, respectively. The topline was below our estimates. EBITDA and bottomline numbers were in line...