2227.50 13.00 (0.59%)
NSE Jan 19, 2022 14:29 PM
Volume: 18,031
 

Solar Industries India Ltd.    
03 Dec 2021
2227.50
0.59%
Solar Industries – An explosion of opportunities in the defence sector

By Ketan Sonalkar

On hearing the name Solar Industries, one expects a company that is active in the clean energy space and represents increasing adoption of solar energy.

But this is the largest manufacturer of industrial explosives and explosive initiating systems in India and owns the …

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2 Comments
devinder9 Stock performance and statistics doesn't paint such a rosy picture
06 Dec 2021
VIVEKANANTH Hi. Thanks for the comment. The stock has delivered more than 2x returns in the last one year. Regarding the statistics, the company is profitable for last 10 quarters and the revenues are growing for last five quarters on a YoY bases. It has also paid out dividend in each of the last five years.
07 Dec 2021
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Solar Industries India Ltd. is trading above it's 200 day SMA of 1921.2
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