The counter is moving in an ascending channel formation, which is defined as price action contained between two ascending parallel lines. The overall structure is very bullish, and higher highs and higher lows characterise this price pattern.

Solar Industries India Ltd. key Products/Revenue Segments include Explosives (Industrial) and Other Operating Revenue for the year ending 31-Mar-2022.

Solar Industries India, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 36992.33 Crore) operating in Chemicals sector.

Still, the inflation is way above the target levels, and the geopolitical situation is also unstable, so I would not be surprised if the volatility persists.

Solar Industries India, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 36400.53 Crore) operating in Chemicals sector.

“Some consolidation is due and that should happen. I do not think we are out of the woods yet. The slowdown is real and some of it will play out. Some consolidation is there but at the same time, there will be individual opportunities. For the next few quarters, it is a stock pickers market.”

Nifty has formed a bearish candle with a gap but has managed to close above 18,000 level. Broad based indices Nifty 500 indicates slight gloomy over bulls as 127 stocks advanced while 373 declined

"We anticipate that small and mid-cap performance will drive the Indian equity market. We have observed a continuous increase in the number of retail investors over the years, and retail investors often park their cash in mid and small-cap stocks. As a result, we expect mid- and small-cap stocks to do better in the new Samvat year. We also predict that FIIs will resume their robust return."

The stock has a major presence in the brandy market. The company has seen a turnaround from a Rs 38 crore loss last year to a Rs 45 crore profit this year and I expect it to report Rs 75 crore profit now, Maheshwari said.

“My first Dusshera pick is Mazagon Dock Shipbuilders. This is a stock which should not be missed at any cost. Again the reason is the kind of profitability this company is reporting. I am seeing multiple increase in their valuation as such and from Rs 470 crore profit last year, this year, I expect that company to have profit in four digits.”

The counter has witnessed a Channel breakout on the weekly chart and the stock is in the formation of higher highs and higher lows on the daily chart for the last four consecutive days.

Proposals are being fielded for guns, missiles, drones and specialist vehicles, among others, the army said in its latest tender

BCCI, Greenko, JSW Group, and Solar Industries are among those who have bagged the 20 most valuable items under an e-auction of the Prime Minister's mementos.

Stocks that were in focus included names like Jyothy Labs which was up nearly 6 per cent, RBL Bank which gained over 17 per cent, and Solar Industries which hit a fresh 52-week high with strong volumes.

Stocks that were in focus include Apollo Tyres which was up 6 per cent, Solar Industries which gained over 4 per cent, and Adani Enterprises which hit a fresh 52-week high and closed with gains of nearly 4 per cent on Tuesday.

Profit growth has been underpinned by high gains in absolute revenue despite contracted Ebitda margin on account of volatile raw material prices, which have now started to soften, pointing to further margin expansion should the declining trend in input costs holds.

Solar Industries India Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 25334.95 Crore) operating in Chemicals sector

Solar Industries India Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 25331.33 Crore) operating in Chemicals sector.

Axis Bank, Tata Steel, Tech Mahindra, Macrotech Developers, Canara Bank, GSK Pharma, Solar Industries,Central Bank of India, KPIT Technologies, IEX and IIFL Wealth are among the companies that will announce their earnings for the quarter ended June 2022.

Solar Industries India Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 24522.80 Crore) operating in Chemicals sector.

Solar Industries India Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 24441.82 Crore) operating in Chemicals sector.

Shares of Sadhna Broadcast will go ex-split today. The company had announced the splitting of shares into face value of Re 1 from the face value of Rs 10.

Shares of BDL have soared 93 per cent year-to-date. HAL is up 35 per cent so far this year while BEL has climbed 15 per cent during the same period against a 1 per cent drop in the BSE Sensex.

Looking at the technical setup, the market is likely to trade in a consolidated manner, until a breakout on either side is seen decisively.

Ajit Mishra, VP - Research, Religare Broking said, "Markets took a breather and gained over half a per cent, tracking firm recovery in the US markets and upbeat earnings. Healthy buying in select index majors from banking, auto and telecom space helped the index to gradually inch higher as the day progressed."

This is follow-up on Solar Industries India. Can check link to related ideas. Target 2 achieved. More than 51%. Target 3 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.

​​olar Industries will be the first Indian company to fully indigenize and develop loitering munitions in-house, he said. It will not only score above the imported munition in technical features and specifications but will also be almost 40 per cent cheaper, the official said. The timeline set by the firm to complete this task is February next year.

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This is follow-up on Solar Industries India. Can check link to related ideas. Target 2 achieved. More than 51%. Target 3 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.