13807.0000 -413.00 (-2.90%)
NSE Aug 01, 2025 15:31 PM
Volume: 215.0K
 

13807.00
-2.90%
ICICI Securities Limited
Solar Industries’ (SOIL) Q1FY24 EBITDA was up 14% YoY (down 9.6% QoQ) at INR3.2bn. Key points: 1) Explosives segment realisation declined, tracking ammonium nitrate prices; 2) explosives volume was up 12.6% YoY, lower than the guidance of 15-20% mainly due to impact of unseasonal rains on housing and infra segment; 3) defence revenue rose 148% YoY to a record INR 1.5bn.
Solar Industries India Ltd. has gained 28.80% in the last 1 Year
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