Solar Industries India Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SOLARINDS, BSE:532725 Solar Industries India Ltd.

Solar Industries India Ltd.

07 Dec 2012

14225.00

0.07%

SOLAR INDUSTRY - INITIATING COVERAGE

Solar Industries India Ltd.

Chola Wealth Direct

Background: Established in 1984, Solar Industries (erstwhile Solar Explosives) 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 ~27% 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 manufac turing base to Nigeria, Zambia and Turkey. SIIL has also interests in the coal mines (in Chhattisgarh) through stakes in Nav Bharat Coal Fields and through two JVs. Solar is set to foray...

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

Is Solar Industries India Ltd. worth buying?

168 Votes:

Buy 79.17%

Sell 12.5%

Hold 8.33%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf