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SOLARINDS •
NSE
Solar Industries India
₹19,870.00
-180.00 (0.90%)
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Overview
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Events
F&O
Financial Express •
10 hours ago
Defence capex rose 37%, driven by approvals worth Rs 1.6 tn in AoNs. Kotak projects strong Q2 growth for Solar, BEL, and HAL.
Zee Business •
3 days ago
Jefferies has identified defence stocks including HAL, BEL, BDL, and Solar Industries as top buy picks, projecting an upside of up to 41%.
ScoutQuest •
1 week ago
Solar Industries India's wholly owned subsidiary, Solar Overseas Mauritius Limited, has incorporated a step-down subsidiary, Solar Explochem Proprietary Limited, in Botswana. The new entity operates in the explosives industry, with a 65% holding and an initial cash capital subscription of USD 325,000 on September 29, 2026.
Financial Express •
1 week ago
Solar Industries plans to reach Rs 32,000 cr revenue by FY28 through the proposed acquisition of South Africa-based Omnia Holdings to expand its global explosives business, alongside heavy defence investments. The deal will significantly boost revenue and international reach, though Omnia operates at a lower margin than Solar and the transaction requires substantial debt funding.
ScoutQuest •
2 weeks ago
ICRA reaffirmed [ICRA]A1+ rating on SIIL's Rs.500 crore CP. SIIL's subsidiary to acquire Omnia Holdings for ~$1.35 billion; debt rise a concern.
BSE •
2 weeks ago
CRISIL places Solar Industries' Rs 1479.5 crore bank loans and Rs 35 crore NCDs on 'Watch Developing'. Proposed acquisition of Omnia Holdings for Rs 12,951 crore may increase debt, but financial risk profile remains strong.
Business Standard •
3 weeks ago
Solar Industries (SOIL) gains 4%, snapping 5-day losing streak; Motilal Oswal initiates BUY with ₹23,000 target. SOIL's Omnia acquisition strengthens explosives business; ICICI Securities maintains BUY with a ₹23,500 target.
CNBC TV 18 •
3 weeks ago
Motilal Oswal gives Solar Industries a 'buy' rating with a ₹23,000 target, implying 24% upside. Bull case scenario sees Solar Industries rising 55% to ₹28,800; risks include order delays, currency shifts.
BSE •
3 weeks ago
Solar Industries India Ltd paid Rs. 75 Cr CP redemption on Sep 17, 2026. Payment aligns with SEBI regulations; confirmed via official certification.
Livesquawk •
3 weeks ago
Jefferies maintains Buy on Solar Industries with a ₹28,160 target, citing ~30% EPS CAGR potential and 25%+ ROE. Acquisition may dilute FY28E–30E EPS by 1–6%, with defence share dropping to 22–25% by FY30.