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SOLAR INDUSTRIES INDIA LTD.
SOLARINDS | BSE
6,252.25
INR-279.15
-4.27%
SOLARINDS | BSE
About SOLAR INDUSTRIES INDIA LTD.
Sector
Basic Materials
Industry
Specialty Chemicals
Earnings date
30/09/2023
As of date
30/11/2023
Close
6,252.25
Open
6,531.05
High
6,609.30
Low
6,100.00
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 also provides defense products including unmanned aerial systems and drones ammunitions military explosives bombs and warheads rockets and drones armed with guided missiles as well as counter drone systems and initiating systems and pyros comprising fuzes detonators ignitors decoys and flares and riot control devices. It primarily serves mining defense and infrastructure sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. Solar Industries India Limited was founded in 1983 and is based in Nagpur India.
View LessSOLARINDS | BSE
Risk
60.1%
Sharpe
1.63
Luna's Score
46/100
Recommendation
Hold
Luna says (SOLARINDS | BSE)
What's Working
Low Market Beta (-0.4 to 0.8)
Strong Sharpe Ratio (> 1.2)
What's not Working
Price Below SMA10D
High Short-term Volatility
Midcap (2B - 10B USD)
Weak P/E, and PEG ratio indicator
Rich in Valuation (Price to Book > 8)
Declining Revenue (< 0%)
Volatility Signals
Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.
Risk Meter
10 days
67.3%1 month
60.1%3 months
41.1%6 months
33.2%Return
Fundamental Ratios
PE
75.76
Fwd. PE
0
Price to book
16.69
Debt to equity
0.37
Debt to assets
0.20
Ent. to EBITDA
35.93
Ent. to rev.
6.95
PEG
0
Other Fundamentals
EBITDA
14.60B
MarketCap
565.49B
MarketCap(USD)
6.79B
Div. yield
0.12
Op. margin
22.45
Erngs. growth
13.50
Rev. growth
-14.00
Ret. on equity
32.17
Short ratio
0
Short perc.
0
Market Sentiment (SMA and Price signals)
Short-term: Bullish (SMA10D > SMA1M)
Intermediate-term: Bullish (SMA1M > SMA3M)
Long-term: Bullish (SMA6M > SMA12M)
SMAs: Stock Price Trends
Range10D
2.40K
Range1M
3.21K
Range3M
4.12K
Volumes: Market Activity
Rel. volume
0.59
Price X volume
30.74M
