Solar Industries India Ltd News
Defence stocks extend rally; Dynamatic, MTAR hit 52-wk highs in weak market
NSE India Defence index was quoting higher for the third straight trading day, surging 3.7% during the period, as against 0.14% decline in the Nifty 50.
 "Defence stocks extend rally; Dynamatic, MTAR hit 52-wk highs in weak market")
Goldman Sachs turns bullish on India's aerospace, defense sector
Among individual stocks, Solar Industries, Bharat Electronics, Data Patterns and PTC Industries are Goldman Sachs' top buy ideas, while Bharat Dynamics has been rated Sell'.
 "Goldman Sachs turns bullish on India's aerospace, defense sector")
Apollo Micro, GRSE, Paras rally up to 8%; what's driving defence stocks?
At 10:32 AM; Nifty India Defence index was up 2.6 per cent, as compared to 0.28 per cent rise in Nifty 50.
 "Apollo Micro, GRSE, Paras rally up to 8%; what's driving defence stocks?")
Explosion at plant sends Solar Industries shares down 3%; details inside
The incident occurred during the crystallisation process of an energetic material
 "Explosion at plant sends Solar Industries shares down 3%; details inside")
Nifty India Defence index slips over 2%; BDL, GRSE, Solar down up to 5%
At 01:44 PM; the Nifty India Defence index was the top loser among sectoral indices, down 2.3 per cent, as compared to 0.41 per cent decline in the Nifty 50.
 "Nifty India Defence index slips over 2%; BDL, GRSE, Solar down up to 5%")
DAC ₹1.05-trn nod spurs defence stocks; Paras, Astra, BEML jump up to 9%
The sharp rally in defence stocks came after the Defence Acquisition Council (DAC), headed by Defence Minister Rajnath Singh, approved 10 major capital acquisition proposals on Thursday.
 "DAC ₹1.05-trn nod spurs defence stocks; Paras, Astra, BEML jump up to 9%")
