13049.0000 -123.00 (-0.93%)
NSE May 02, 2025 15:31 PM
Volume: 83,854
 

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Solar Industries India Ltd.
03 Dec 2024, 12:00AM
13049.00
-0.93%
ICICI Securities Limited
Solar Industries’ (SOIL) stock has been running sideways due to the delay in the award of the Pinaka order. However, we believe, Street is underestimating the potential of continuous export order inflows (OI) in defence. With an OI of INR 45bn so far in CY24,for a 3–5-year duration, we believe these orders alone potentially form an annual revenue accretion of INR 11–13bn.
Solar Industries India Ltd. is trading above all available SMAs
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