Solar Industries India

Solar Industries India shares faced profit booking for the second day on July 2, opening at ₹ 17,205.25 before dropping 1.6% to ₹ 16,918.15. The stock has declined nearly 4% over two sessions amid a weak market.

Solar Industries' share price has surged 76 per cent year-to-date (YTD), while on a monthly scale, it has been in the green since March this year. In June so far, the stock has risen 7 per cent.

Solar Industries India stock surged over 90% in the past year, reaching a high of ₹ 16,814.30. Despite SBI Mutual Fund reducing its stake by 2%, the shares rose over 1% intraday on June 4, continuing an upward trend.

Indian Hotels Company, Mazagon Dock Shipbuilders, Max Healthcare Institute, Solar Industries India, Shree Cements, Mankind Pharma, Apollo Hospitals Enterprises, Union Bank of India, Lupin Ltd, among others are likely to be upgraded to large-cap status.

Shares to buy: Riyank Arora recommends these three stocks in the short term - Solar Industries India Ltd, Prestige Estates Projects Ltd, and Central Depository Services (India) Ltd (CDSL).

Defence equipment manufacturer Solar Industries India on Friday announced that the firm bagged a ₹ 2,150 crore international defence supply export order, according to a BSE filing.

The securities newly added for F&O trading include Castrol India Ltd, Gland Pharma Ltd, NBCC (India) Ltd, The Phoenix Mills Ltd, Solar Industries India Ltd, and Torrent Power Ltd.

The key constituents of the Nifty India Defence Index Fund, as on July 15, 2024, include Bharat Electronics (19.08%), Hindustan Aeronautics (18.28%), Solar Industries India (15.07%), Cochin Shipyard (10%), Mazagaon Dock Shipbuilders (8.38%), Bharat Dynamics (7.66%) and Data Patterns (5.18%)