Among sectors, their biggest 'conviction' as regards India is on the defence sector, where Goldman Sachs believes PTC Industries is scores over its peers
ACME Solar has ordered 2 GWh of battery energy storage from Chuzhou Lishen through POSCO and China FAW Group, taking cumulative procurement beyond 5 GWh
President Xi Jinping warns of damaging low-price competition in steel, autos, e-commerce, solar and education, urging tighter regulation and a push to eliminate inefficient firms
Analysts recommend defence stocks are fully priced-in at current levels, hence booking some profit is advisable; but remain optimistic of long-term prospects.
Solar Industries share price: In CY21, the stock zoomed 122 per cent, while it surged 82 per cent in CY22. Solar Industries stock gained 53 per cent in CY23, and 46 per cent in CY24
Max Financial Services, Hitachi Energy and Solar Industries were trading above the higher-end of the Bollinger Bands on daily chart on Friday; here are the key levels to track on these 3 midcap stocks
During Q4FY25, Solar Industries' profit after tax (PAT) climbed 42 per cent year-on-year (Y-o-Y) to ₹346 crore from ₹243 crore reported in the corresponding quarter of the previous fiscal year
Cochin Shipyard, Garden Reach Shipbuilders, Mazagon Dock, Data Patterns, Paras Defence, Zen Tech, Bharat Dynamics, Hindustan Aeronautics rallied by up to 8% in trade on Friday.
BEL, BDL, Mazagon Dock, HAL, Solar Inds, Astra Micro and Data Patterns seem favourably placed on the charts, and may gain up to 38%; here are key support, resistance levels for these 7 defence stocks.
CPs are short-term, unsecured debt instruments issued by corporations, typically used to raise funds for working capital, operating expenses, or other short-term financial needs
The DRDO is already in the advanced stages of making a 120 km strike version of the Pinaka rockets and is expected to carry out its first test in the next financial year
Shares of Solar Industries India hit a new high of Rs 11,186.20, as they rallied 11 per cent on the BSE in Tuesday's intra-day trade on healthy business outlook.