Solar Industries

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.

Omnia buy adds to Solar Inds' explosive growth, but valuations high

The $1.35 billion all-cash acquisition will expand Solar Industries' global explosives footprint, strengthen supply chains and add exposure to new international markets

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

Solar Industries to buy South Africa's Omnia Holdings for $1.36 billion

Solar SA Investments, an indirect wholly-owned subsidiary of Solar Industries, will acquire all outstanding shares of Johannesburg-listed Omnia, subject to regulatory and Omnia shareholder approvals

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 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.

Lighter, longer-range, and stealthier BrahMos missiles on the anvil

Firm also in talks with several countries, including Vietnam, Indonesia and UAE, for exports

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

Jakson Group to set up 3 Gw solar wafer, ingot capacity by early 2028

Company to expand backward integration with ingot and wafer units, alongside a 6 Gw integrated solar facility in Madhya Pradesh, as it scales clean energy portfolio and new segments

Chennai Petroleum, Solar Ind among top stocks to buy today; check targets

Kunal Kamble, senior technical research analyst at Bonanza, has recommended buying shares of Dynamic Technologies, Chennai Petroleum Corporation, and Solar Industries India today

Waaree to Premier Energies: Solar stocks slump up to 14% on US tariffs

The US set a 126 per cent preliminary duty on solar imports from India, while the Trump administration set initial duties from 86 per cent to 143 per cent for Indonesia and 81 per cent for Laos

Trade deals, capex push boost India's aero, defence outlook: Goldman Sachs

Goldman Sachs highlighted three major tailwinds for the sector, including an 18 per cent Y-o-Y increase in capital procurement in the Union defence budget for FY27, and the proposed India-EU FTA

BEL, HAL, Bayer among top analyst bets ahead of Budget 2026; check strategy

Stocks to buy from agri, defence ahead of Union Budget: Gaurang Shah of Geojit Investments prefers defence shares such as - Bharat Electronics, Cochin Shipyard, MTAR Technologies and BHEL.

PTC Ind, RIL among 5 Indian stocks in Goldman Sachs' APAC conviction list

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 places 2 GWh battery storage order via Posco, China FAW

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

Explosion at plant sends Solar Industries shares down 3%; details inside

The incident occurred during the crystallisation process of an energetic material