NSE: SOLARINDS | BSE: 532725

Expensive Performer

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13809.00 39.00 (0.28%)

62.79% Gain from 52W Low

185.7K NSE+BSE Volume

NSE 19 Nov, 2025 3:31 PM (IST)

124,957.8

Market Cap

Market Leader

0.9

Beta 1Year

Low volatility

Order Win

Solar Ind bags export orders worth Rs 1,400 crore from overseas clients to supply defence products See details

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.

18 May 2024, 12:00AM

13809.00

0.28%

Entering the new phase with defence as key growth driver

Buy: Solar Industries India Ltd.

Recommendation Target

ICICI Securities Limited

Solar Industries’ (SOIL) Q4FY24 performance was slightly ahead of our estimates. Key points: 1) EBITDA was impacted by hyperinflation and currency depreciation in some overseas geographies

Solar Industries India Ltd. is trading above its 200 day SMA of 13452.7

Solar Industries India Ltd.

18 Jan 2024, 12:00AM

13809.00

0.28%

Solar industries Ltd

Buy: Solar Industries India Ltd.

Target

Hem Securities

Solar Industries Ind.. has an average target of 16950.00 from 2 brokers.

Solar Industries India Ltd.

03 Nov 2023

13809.00

0.28%

Record margins; benign prospects

Accumulate: Solar Industries India Ltd.

Recommendation Target

ICICI Securities Limited

Solar Industries’ (SOIL) Q2FY24 profitability is its best-ever. Key points: 1) EBITDA margin surged to a record 24.9% on better price-cost spread. 2) Explosive volume uptick of 13% YoY. 3) Defence comprised 8% of overall volume. 4) Order book of INR 39.2bn, of which INR10.5bn is for defence.

Solar Industries Ind.. has an average target of 16950.00 from 2 brokers.

Solar Industries India Ltd.

05 Aug 2023

13809.00

0.28%

Volatility bottoming out; Pinaka order awaited

Buy: Solar Industries India Ltd.

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. is trading above its 200 day SMA of 13452.7

Solar Industries India Ltd.

28 Jul 2023

13809.00

0.28%