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...