₹ 14052
Key Takeaways
Risk factor
Strong & resilient to price shocks
Profitability factor
Very strong margins and returns
About
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 packaged and bulk explosives; and initiating systems, including electronic, non-electric, electric, and plain detonators, as well as cord relays, cast boosters, detonating cords, and...
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive
Target Price
The average target price of SOLARINDS.NS is 17340 and suggests 24% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation