SOLARINDS share price today live (NSE/BSE)

Solar Industries India Limited is an India-based integrated global explosives company involved in the manufacturing of a complete range of industrial explosives and explosive-initiating devices. Its segment is explosives and accessories. SolarInd’s products include industrial explosives and defense. SolarInds share price NSE has shown continued growth and strategic initiatives that make it attractive to long-term investors.

SolarInds stock performance and financials:

• SolarInds share price NSE has exhibited a robust financial performance over recent years.
• For the fiscal year ending March 2023, the company reported an operating income of ₹6,930 crore, a significant increase from ₹3,954 crore in the previous year. The profit after tax (PAT) for FY 2023 was ₹1,384 crore, up from ₹455 crore in FY 2022, reflecting a strong profitability trajectory with a PAT margin of 11.7%.
• In 2024, the company's net income was ₹8.36 billion, with total sales reaching ₹60.7 billion. Looking ahead, sales are projected to rise to ₹80.2 billion in 2025, with a corresponding net income of ₹12.73 billion. These figures indicate a strong growth trend in both revenue and profitability. The company's market capitalization stands at approximately ₹812 billion.
• SolarInds share price maintains a strong liquidity position and has a diverse presence across multiple international markets, including manufacturing facilities in India, Nigeria, Zambia, Ghana, South Africa, Turkey, and Tanzania. The company has also secured substantial export orders for defense products, bolstering its revenue prospects further.
• Overall, SolarInd share price NSE is positioned well financially, with strong revenue growth, improving profitability, and a strategic expansion into the defense sector enhancing its market presence and future growth potential.
• Based on its strong fundamentals and growth potential, SolarInds share price today is the top advice you can take. Investors looking to add a promising growth stock to their portfolio may consider tracking the SolarInds share price. However, it's important to conduct thorough research and consider your investment objectives and risk tolerance before making any investment decisions.

SolarInds share price analysis

• As of the latest, SolarInds share price NSE is trading around very sound numbers. SolarInd share price reflects the market’s perception of the company's current performance, future growth prospects, and overall market conditions.
• SolarInds share price is influenced by a variety of factors, including industry trends, financial performance, market sentiment, and regulatory environment. While the company has shown promise, investors should carefully evaluate these factors and their own investment goals before investing in SolarInds stock.