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Solar Industries India Limited
SOLARINDS | NSE
11,318.50
INR21.20
0.19%
SOLARINDS | NSE
About Solar Industries India Limited
Sector
Basic Materials
Industry
Specialty Chemicals
Earnings date
31/03/2024
As of date
11/10/2024
Close
11,318.50
Open
11,306.00
High
11,392.20
Low
11,208.00
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 bulk and packaged explosives; and initiating systems including electronic electric non-electric and plain detonators as well as cord relays cast boosters detonating cords and aluminum elemented det products. The company also provides defense products including unmanned aerial systems and drones ammunitions military explosives bombs and warheads rockets and drones armed with guided missiles as well as counter drone systems and initiating systems and pyros comprising fuzes detonators ignitors decoys and flares and riot control devices. It primarily serves mining defense and infrastructure sectors. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. Solar Industries India Limited was founded in 1983 and is based in Nagpur India.
View LessSOLARINDS | NSE
Risk
31.2
Sharpe
3.09
Luna's Score
66/100
Recommendation
Buy
Luna says (SOLARINDS | NSE)
What's Working
Positive Momentum
Largecap (10B - 200B USD)
Low Market Beta (-0.4 to 0.8)
Low Debt to Asset (< 0.2)
Strong Sharpe Ratio (> 1.2)
What's not Working
High Short-term Volatility
Rich in Valuation (Price to Book > 8)
Volatility Signals
Bearish: Increased Volatility (6-month > 1-month volatility)
Risk Meter
10 days
34.9%1 month
31.2%3 months
33.1%6 months
41.4%Returns
Fundamental Ratios
PE
107.53
Fwd. PE
-
Price to book
31.16
Debt to equity
0.34
Debt to assets
0.20
Ent. to EBITDA
66.52
Ent. to rev.
17.51
PEG
-
Other Fundamentals
EBITDA
16.76B
MarketCap
1,064.69B
MarketCap(USD)
12.66B
Div. yield
0.08
Op. margin
24.16
Erngs. growth
45.10
Rev. growth
0.70
Ret. on equity
28.33
Short ratio
-
Short perc.
-
Market Sentiment (SMA and Price signals)
Short-term: Bullish (SMA10D > SMA1M)
Intermediate-term: Bullish (SMA1M > SMA3M)
Long-term: Bullish (SMA6M > SMA12M)
SMAs: Stock Price Trends
Range10D
1.77K
Range1M
1.77K
Range3M
2.55K
Volumes: Market Activity
Rel. volume
0.65
Price X volume
399.19M
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | 66.52 | 32.51 | Expensive |
| Ent. to Revenue | 17.51 | 5.03 | Expensive |
| PE Ratio | 107.53 | 50.95 | Expensive |
| Price to Book | 31.16 | 5.52 | Expensive |
| Dividend Yield | 0.08 | 0.65 | Poor |
| Std. Deviation (3M) | 33.08 | 40.31 | Par |
| Debt to Equity | 0.34 | 0.29 | Expensive |
| Debt to Assets | 0.20 | 0.14 | Expensive |
| Market Cap | 1,064.69B | 138.09B | Market Leader |
