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SOLARINDSSolar Industries India Limited

Chemicals · Specialty Chemicals · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

19,028.00
3.04%
78Strong

Price & Volume

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Key Ratios

Market Cap (₹ cr)1,65,479.20
P/E98.31
P/B26.36
PEG1.40
ROE %31.33
ROCE %29.30
Debt / Equity0.23
EPS186.01
Revenue Growth %40.90
Profit Growth %70.00
Dividend Yield %0.00
Promoter Holding %43.92
FII Holding %44.89
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

Double BottomLONG74%19,028.0016,832.0021,112.000.95
Supertrend BuyLONG73%19,028.0017,105.1322,873.732.00
52-Week High BreakoutLONG64%19,028.0018,500.0020,084.002.00
Breakout with VolumeLONG56%19,028.0018,500.0020,084.002.00
BUYConviction 94%

Why buy

  • Revenue growth: 40.9% YoY
  • Profit growth: 70.0% YoY
  • ROE: 31.3%
  • RSI: 63
  • MACD: fresh bullish crossover
  • Price vs EMA21: above
  • Breakout with Volume signal (setup quality 56%)
  • Double Bottom signal (setup quality 74%)
  • 52-Week High Breakout signal (setup quality 64%)

Bull case

  • Revenue growth: 40.9% YoY
  • Profit growth: 70.0% YoY
  • ROE: 31.3%
  • RSI: 63

Bear case

  • Valuation vs sector: P/E 98.3 vs sector 30.7
  • Dividend yield: 0.00%
  • Trend strength (ADX): 15
  • Volume trend: 1.0x baseline

Key risks

  • Valuation vs sector: P/E 98.3 vs sector 30.7
  • Dividend yield: 0.00%

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

Trade Plan

Entry (CMP)
₹19,028.00
Stop Loss
₹17,606.99
risk 7.5%
Target 1 (1.5R)
₹21,159.52
+11.2%
Target 2 (3R)
₹23,291.04
+22.4%
Support (20d)
₹17,028.00
Resistance (52w)
₹19,125.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹1,421.01/share
ATR (volatility)
₹568.40
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹568.40). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
78
Technical
81
Momentum
81
Risk (safety)
68

Peers — Chemicals

TINNARUBR 20.00%
82
INDOBORAX 3.30%
82
PREMIERPOL 0.33%
81
BEPL 12.97%
81
HSCL 3.82%
80
APCOTEXIND 4.35%
79

About

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.