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Solar Industries India Limited
SOLARINDS | NSE
15,056.00
INR-691.00
-4.39%
SOLARINDS | NSE
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About Solar Industries India Limited
Sector
Basic Materials
Industry
Specialty Chemicals
Earnings date
31/03/2024
As of date
24/04/2026
Close
15,056.00
Open
15,857.00
High
15,995.00
Low
14,998.00
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 | NSE
Risk
40.2
Sharpe
0.60
Luna's Score
55/100
Recommendation
Hold
Luna says (SOLARINDS | NSE)
What's Working
Largecap (10B - 200B USD)
Low Market Beta (-0.4 to 0.8)
Low Debt to Asset (< 0.2)
What's not Working
Weakness based on declining price with high volume
Rich in Valuation (Price to Book > 8)
Volatility Signals
Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.
Risk Meter
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10 days
36.3%1 month
40.2%3 months
40.9%6 months
35.3%Returns
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Fundamental Ratios
PE
112.36
Fwd. PE
-
Price to book
30.59
Debt to equity
0.34
Debt to assets
0.20
Ent. to EBITDA
65.31
Ent. to rev.
17.19
PEG
-
Other Fundamentals
EBITDA
16.76B
MarketCap
1,362.42B
MarketCap(USD)
14.31B
Div. yield
0.07
Op. margin
24.16
Erngs. growth
45.10
Rev. growth
0.70
Ret. on equity
28.33
Short ratio
-
Short perc.
-
Market Sentiment (SMA and Price signals)
Short-term: Bullish (SMA10D > SMA1M)
Intermediate-term: Bullish (SMA1M > SMA3M)
Long-term: Bearish (SMA6M < SMA12M)
SMAs: Stock Price Trends
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Range10D
2.33K
Range1M
4.00K
Range3M
4.00K
Volumes: Market Activity
Volume Averages
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Rel. volume
1.61
Price X volume
4.29B
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | 65.31 | 33.04 | Expensive |
| Ent. to Revenue | 17.19 | 6.32 | Expensive |
| PE Ratio | 112.36 | 50.17 | Expensive |
| Price to Book | 30.59 | 5.36 | Expensive |
| Dividend Yield | 0.07 | 0.61 | Poor |
| Std. Deviation (3M) | 40.90 | 41.67 | Par |
| Debt to Equity | 0.34 | 0.30 | Par |
| Debt to Assets | 0.20 | 0.14 | Expensive |
| Market Cap | 1,362.42B | 136.24B | Market Leader |
