- Solar Ind India’s net income for the first quarter is 3.39 billion rupees, marking an increase of 19% year-over-year.
- The net income figures closely meet the estimated value of 3.42 billion rupees.
- Revenue reached 21.5 billion rupees, reflecting a substantial growth of 28% year-over-year.
- This revenue surpassed the estimated figure of 20.06 billion rupees.
- Total costs increased by 31% year-over-year, amounting to 17 billion rupees.
- Other income totaled 292.9 million rupees, a year-over-year increase of 21%.
- Analyst recommendations include 5 buy ratings and 2 hold ratings, with no sell ratings reported.
Solar Industries India on Smartkarma
Analyst coverage on Solar Industries India by independent researchers on Smartkarma has been positive. Brian Freitas, a prominent analyst, shared insights on the NIFTY200 Momentum30 Index Rebalance Preview. He forecasts significant changes for the index in June, with expected gains in Financials and Materials sectors while Consumer Discretionary and Information Technology sectors may see some losses. The estimated one-way turnover of 68.7% could result in a substantial round-trip trade volume of INR 159 billion (US$1.87 billion).
In another report by Brian Freitas, he discusses the AMFI Stock Reclassification Preview for June 2025, indicating a bullish outlook. Forecasts suggest 40 migrations for the AMFI reclassification, with potential changes in stock listings across different categories like LargeCap, MidCap, and SmallCap. The analysis highlights the performance of forecast upward migrations and the addition of new listings to MidCap and SmallCap categories, indicating a dynamic market environment with plenty of changes expected.
A look at Solar Industries India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Solar Industries India shows a promising long-term outlook. With a growth score of 4 and a resilience score of 4, the company seems well-positioned to expand and withstand market challenges. Additionally, the momentum score of 5 indicates strong positive market momentum. Although the value and dividend scores are comparatively lower at 2 each, the higher growth, resilience, and momentum scores suggest a positive trajectory for Solar Industries India.
Solar Industries India Limited is a company that specializes in manufacturing explosives and related accessories like detonators and explosive boosters. The company’s focus on innovation and product diversification contributes to its overall growth score of 4. With a solid resilience score of 4 and strong market momentum of 5, Solar Industries India appears to be on a stable growth path in the explosives industry, leveraging its expertise to drive future success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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