Solar Industries India Ltd News

Nifty India Defence index slips 3%; Unimech, Axiscades, Dynamatic tank 7%

Apollo Micro, MTAR Tech, Sigma Advanced, Paras Defence, Astra Microwave, Zen Technologies, BEML, MIDHANI, Solar Industries and Data Patterns were down in the range of 4 per cent to 6 per cent.

JSW Steel to Pearl Global: MOFSL's 6 ideas from large, mid & smallcap space

Stocks to buy: JSW Steel's outlook remains constructive, supported by capacity ramp-ups, resilient domestic steel demand and a rising share of value-added products.

Solar Ind snaps 5-day losing streak, gains 4%; MOFSL initiates BUY rating

Motilal Oswal Financial Services (MOFSL) initiate coverage on Solar Industries with a BUY rating and a target price of ₹23,000.

Defence stocks tank up to 14%, index down 5%; analysts flag downside risks

Solar Industries India slipped 14 per cent to ₹19,225 in Tuesday's intraday trade. The Defence index was down 5.48 per cent to 9,190.60.

Solar Ind to acquire South Africa's Omnia for ₹12,951-crore; stock slips 9%

Solar Industries announced that it will acquire South Africa-based Omnia Holdings for approximately $1.355 billion (₹12,951 crore) in an all-cash transaction.

Solar Industries to acquire South Africa's Omnia for ₹12,951 crore

All-cash acquisition will expand Solar Industries' global mining footprint and add Omnia's explosives, blasting solutions and ammonium nitrate capabilities

Analysts see HAL, BEL as top beneficiaries of ₹1.1 trn defence buys

The government has approved a proposal to purchase about ₹1.1 trillion worth of military materiel, with 98 per cent of procurements to be made from Indian companies.

Solar Industries market cap reaches ₹2 trillion; stock jumps 21% in 1 month

Solar Industries stands at 45th position in the overall market cap ranking, against 90th rank at the beginning of the calendar year 2026.

Solar Ind soars 5%, stock up 79% from Mar low; market cap nears ₹2 trillion

Solar Industries Share: In the past month, Solar Industries India outperformed the market by surging 16 per cent, compared to a 2.4 per cent decline in the BSE Sensex.

Defence index hits new high; Midhani, HAL, BEML rally up to 5%; here's why

Nifty India Defence index hit a new high of 9,912.75, gaining 1% in Monday's intra-day deals. The index quoted higher for the fourth straight trading day.

Defence stocks add ₹2.5-trn in m-cap in June quarter; more headroom left?

Analysts said that defence sector's long-term outlook remains constructive, supported by robust order books that provide multi-year revenue visibility.

Pharma top bet for H2-CY2026; be selective in banks, defence: Ajit Mishra

On the broader market outlook, Ajit Mishra, SVP-Research of Religare Broking says the Nifty remains in consolidation mode, with key support at 23,600. On the upside, bullish pivot stands at 24,600.

Defence on structural upcycle; Kotak starts coverage on HAL, Mazagon Dock

Kotak Institutional Equities said that defence companies are well-positioned to benefit from rising geopolitical tensions, accelerating modernisation programmes and an expanding export opportunity.

Defence firms seen posting healthy FY27 growth on strong orders

Record defence production and exports, coupled with strong order books and improving execution, are expected to support healthy growth for defence companies in FY27

Defence shares in demand; MTAR, Astra Microwave, Paras rally up to 7%

At 12:24 PM on Wednesday, the Nifty India Defence index was the top gainer among thematic indices up 2.8 per cent as against a 0.3 per cent rise in the Nifty 50.

Defence index slips 2%; Paras, Apollo Micro, Data Patterns down up to 4%

Despite a 3.6% dip in the past two trading days, the Nifty India Defence index has outperformed the market soaring 22% since April 2026.

ICICI Securities bullish on defence sector; bets on HAL, Solar, ASTM, BEL

The geopolitical backdrop, analysts believe, continues to provide a structural tailwind, as the conflict in the Middle East has reinforced defence budget urgency across GCCs

Solar Industries enters top-50 most-valued list; stock up 55% from Mar low

The robust sales pipeline, coupled with strong execution capabilities, positions Solar Industries well to sustain growth momentum, believes the management.

Firing on all cylinders: Elara sees 19% upside in Solar Ind; stock up 4%

The brokerage raised its target price to ₹21,290 from ₹15,450 earlier, valuing the stock at 65x March FY28E earnings versus 55x earlier

Risk-reward less attractive for Indian stocks vs Asian peers: Goldman Sachs

While the bulk of foreign selling is likely over after the outflows over the recent months, Goldman Sachs does not see foreign investors returning to Indian shores in a hurry, even if oil prices dip.