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Solar Industries India LtdNSE SOLARINDS Stock Report

Last reporting period 31 Mar, 2024

Updated 17 Sep, 2024

Last price

Market cap $B

1.259

Small

Exchange

XNSE - National Stock Exchange Of India

SOLARINDS.NS Stock Analysis

SO

Avoid

Based on Eyestock quantitative analysis, SOLARINDS.NS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

106/100

High score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-57.6 %

Greatly overvalued

Market cap $B

1.259

Dividend yield

0.07 %

Shares outstanding

90.49 B

Solar Industries India Ltd. manufactures, supplies and exports industrial explosives and initiating systems. The company is headquartered in Nagpur, Maharashtra and currently employs 8,215 full-time employees. The company went IPO on 2006-03-28. The firm is primarily involved in the manufacturing of complete range of industrial explosives and explosive initiating devices. Its segment is Explosives and its accessories. The firm's products include industrial explosives and defense. Its industrial explosives products include packaged emulsion explosives, bulk explosives and explosive initiating systems. The company is a domestic manufacturer of bulk and cartridge explosives, detonators, detonating cords and components. The firm's defense products include high energy materials, such as HMX, RDX, TNT and their compounds; composite propellants for Pinaka, Akash, Brahmos, PSOMXL and Skyroot, among others; 30 mm ammunition, multi-mode hand grenade, mines, warheads, bund blasting device; artillery fuses, ASW fuses, Pyros and igniters; chaff payloads; loitering munition; rocket integration, and explosives filling of ammunition.

View Section: Eyestock Rating