SSelectStock

SOLARINDSSolar Industries India Limited

Chemicals · Specialty Chemicals · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Solar Industries India Limited, together with its subsidiaries, engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally. It offers industrial explosives, such as bulk and packaged explosives; and initiating systems, including electronic, electric, non-electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and aluminum elemented det products. The company provides defense products, including unmanned aerial systems and drones, ammunitions, high energy materials, bombs and warheads, rockets and missiles, initiating systems and detonix, chaffs and flares, and mines devices. Its products are used in mining, infrastructure, construction, defence, and the space sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. The company was founded in 1983 and is based in Nagpur, India.

22,290.00
0.36%
79Strong

Mkt Cap
₹2.02L Cr
P/E
119.7
P/B
32.1
Div Yield
0.06%
52W High
₹22,625.00
52W Low
₹11,646.00

Price & Volume

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Key Ratios

Market Cap (₹ cr)2,01,517.20
P/E119.66
P/B32.07
PEG1.68
ROE %31.23
ROCE %29.30
Debt / Equity0.23
EPS186.28
Revenue Growth %40.90
Profit Growth %70.00
Dividend Yield %0.06
Promoter Holding %43.92
FII Holding %44.99
DII Holding %
Beta0.20

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on SOLARINDS — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

BUYConviction 83%

Why buy

  • Revenue growth: 40.9% YoY
  • Profit growth: 70.0% YoY
  • ROE: 31.2%
  • RSI: 74
  • MACD: bullish
  • Price vs EMA21: above

Bull case

  • Revenue growth: 40.9% YoY
  • Profit growth: 70.0% YoY
  • ROE: 31.2%
  • RSI: 74

Bear case

  • Valuation vs sector: P/E 119.7 vs sector 27.1
  • Dividend yield: 0.06%
  • Volume: 1.0x 20-day average

Key risks

  • Valuation vs sector: P/E 119.7 vs sector 27.1
  • Dividend yield: 0.06%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹22,290.00
Stop Loss
₹20,981.76
risk 5.9%
Target 1 (1.5R)
₹24,252.36
+8.8%
Target 2 (3R)
₹26,214.73
+17.6%
Support (20d)
₹19,190.00
Resistance (52w)
₹22,625.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹1,308.24/share
ATR (volatility)
₹523.30
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹523.30). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental77
Technical78
Momentum88
Risk (safety)70

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