Select Page

Home / Share Price Target / Solarinds

Solar Industries India Share Price Target 2024, 2025, 2026 to 2039 With Charts

Solar Industries India Limited

Company LogoSymbol: SOLARINDS
Price: ₹10,008.54
Exchange: NSE
Basic Materials -> Specialty Chemicals
Show Table of Contents

Solar Industries India Brief Company Overview

Company Overview: Solar Industries India Limited

Based in Nagpur, India, Solar Industries is a leading manufacturer of a diverse range of industrial explosives and defense products. Founded in 1983, the company serves sectors including mining, defense, and infrastructure.

Key Products and Services

  • Industrial Explosives: Bulk and packaged explosives
  • Initiating Systems: Electronic, electric, non-electric, and plain detonators
  • Defense Products: Unmanned aerial systems, ammunitions, military explosives

Reputation and Commitment

Solar Industries has earned a strong reputation in the industry for its high-quality products, customer-centric approach, and commitment to safety and innovation.


Advertisement

Solar Industries India Financial Performance

MetricValueDescription
Market Capital81,291.32 CroreMarket valuation of Solar Industries India's shares.
Revenue (TTM)6,387.34 CroreTotal revenue generated by Solar Industries India over the past twelve months.
Net Income (TTM)+806.9 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin22.22%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin12.63%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-21.1%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-0.6%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
35.53Company's total debt divided by total shareholder equity.
Total Debt1,056.64 CroreSum of Solar Industries India's current & long-term financial obligations.
Total Cash256.32 CroreTotal amount of liquid funds available to Solar Industries India.
Beta-0.03Beta is less than 1 indicating that the Solar Industries India's price is less volatile than the market.

Is Solar Industries India A Good Buy For Long Term?

Solar Industries India, a large-cap stock with a strong track record of revenue growth (14.09%) and profitability (13.77%), has demonstrated resilience despite a recent revenue decline (-16.5%). With a healthy debt-to-equity ratio and ample cash reserves, the company appears financially stable. Its strong returns over various time frames, including exceptional 3-year and 5-year returns, indicate its long-term growth potential. Overall, Solar Industries India is a promising investment opportunity for long-term investors seeking a balanced blend of growth, stability, and profitability.

To predict the Solar Industries India's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Solar Industries India Share Price Target For 2024

 Solar Industries India Targets For 2024 Chart

The line chart displays the monthly closing prices of Solar Industries India with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Solar Industries India shares in 2024, see the table below.

Advertisement

Solar Industries India Share Price Target Table For 2024

Solar Industries India's LevelsValueReason/Importance
2024 Target 310330.50 (+3.21%)Fibonacci Extension Level 150%
2024 Target 210185.29 (+1.76%)Price Action: 25 Oct 2024 Low
2024 Target 110075.40 (+0.66%)Price Action: 11 Nov 2024 Low
Current Price10008.54 Solar Industries India's 1 share price as of Thu 14 Nov 2024
Stop Loss 19980.35 (-0.29%)Fibonacci Retracement Level 38.2%
Stop Loss 29846.95 (-1.62%)Fibonacci Retracement Level 71.8%
Stop Loss 39740.56 (-2.68%)Fibonacci Retracement Level 98.6%

Summary: Solar Industries India Share Price Prediction For 2024

In summary, Solar Industries India has surged by ₹3281.04, achieving a notable +48.77% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Solar Industries India for 2024 predicts an additional rise of 0.66% to 3.21% by the end of 2024 with three potential targets T1: 10075.40, T2: 10185.29, T3: 10330.50. Stop Loss at SL1: 9980.35, SL2: 9846.95, SL3: 9740.56.

Solar Industries India has a 52-week high of ₹13298.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹5909.35, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Solar Industries India.

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Solar Industries India Share Price Target For 2025

 Solar Industries India Targets For 2025 Chart

The line chart displays the monthly closing prices of Solar Industries India with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Solar Industries India shares in 2025, see the table below.

Advertisement

Solar Industries India Share Price Target Table For 2025

Solar Industries India's LevelsValueReason/Importance
2025 Target 314662.70 (+46.5%)Price Action: Chart
2025 Target 214389.30 (+43.77%)Price Action: Chart
2025 Target 114246.83 (+42.34%)Custom Fibonacci Extension Lvl 64.9%
Current Price10008.54 Solar Industries India's 1 share price as of Thu 14 Nov 2024
Stop Loss 19007.00 (-10.01%)Price Action: Apr 2024 High
Stop Loss 28842.50 (-11.66%)Price Action: Apr 2024 Low
Stop Loss 38683.34 (-13.25%)Price Action: Chart

Summary: Solar Industries India Share Price Prediction For 2025

In summary, Solar Industries India has surged by ₹3281.04, achieving a notable +48.77% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Solar Industries India for 2025 predicts an additional rise of 42.34% to 46.5% by the end of 2025 with three potential targets T1: 14246.83, T2: 14389.30, T3: 14662.70. Stop Loss at SL1: 9007.00, SL2: 8842.50, SL3: 8683.34.

Solar Industries India has a All-Time high of ₹13298.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹5909.35, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Solar Industries India, we have created a specific page for that check here: Solar Industries India Share Price Target For Tomorrow & Next Week

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Approach 2: Machine Learning By Studying Historical Prices

Solar Industries India Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

 Solar Industries India Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Solar Industries India share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 12.79% over the next 15 years.

For complete year by year Solar Industries India long term share price target from 2024, 2025 to 2039 check the below table.

Solar Industries India Share Price Target Table From 2024, 2025, 2026 to 2039

Year Solar Industries India TargetYoY Change %
2024₹10,008.54[Current Price]
2024₹11,505.4614.95%
2025₹14,680.5127.59%
2026₹18,804.1628.08%
2027₹22,692.8220.67%
2028₹23,970.845.63%
2029₹28,650.3219.52%
2030₹31,533.8610.06%
2031₹36,360.5315.3%
2032₹40,546.0811.51%
2033₹40,265.62-0.7%
2034₹45,795.1713.73%
2035₹48,387.215.66%
2036₹53,916.911.42%
2037₹58,399.368.31%
2038₹56,560.42-3.15%
2039₹62,012.189.63%

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Solar Industries India Past Performance

SOLARINDS main
Solar Industries India has been listed on NSE for more than 18 years.
  • In 2006, Solar Industries India opening price was ₹55.2
  • As of Thu 14 Nov 2024 the price stands at ₹10,008.54.
  • This represents a Compound Annual Growth Rate (CAGR) of 31.48%.
  • In 18 years, an investment of 10,000 would have become ₹18.13 Lakh.

As we wrap up, we hope you like our study on Solar Industries India share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Solar Industries India Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter