Solar Industries India Ltd Share Price: The shares of Solar Industries India Limited have seen a rise of 1 percent today. The reason behind the rise in the prices of this defense stock is the work of Rs 158 crore received by the company. The company has to supply defense products to the Defense Ministry. The company has to complete this order within a year.

This stock opened at the level of Rs 16,755 in BSE. The price of the company’s shares reached an intra-day high of Rs 17,177.15 today. The company’s stock remained around Rs 17000 throughout the day today.

IPO came in 2006

According to a CNBC TV18 report, the CIO of Ikigai Asset Manager said that the IPO of this company came in 2006. Then the company raised Rs 80 crore from the primary market. Despite the company not performing very well, the promoter family has been continuously investing in this company. Due to this, the performance of the company has been excellent today. Let us tell you, the promoters’ stake in the company is about 75 percent.

 

Increase in the net profit of the company

The net profit of Solar Industries during January to March 2025 has been Rs 348 crore. In the same quarter a year ago, it was Rs 242.70 crore. That is, on an annual basis, the company’s net profit has increased by 43.40 percent.

The company’s revenue stood at Rs 2166.60 crore. The revenue of Solar Industries grew by 34.50 percent in the March quarter. During the financial year 2024, the company’s revenue was Rs 1610.70 crore.

The company’s performance in the stock market has been excellent

This stock has performed well in the stock market. The company’s share prices have seen a 60 percent increase in the last 3 months. At the same time, this stock has risen by 70 percent in one year.

 

(This is not an investment advice. The stock market is subject to risks. Please seek expert advice before making any investment.)

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