Solar Industries India reached an all-time high of Rs 13,799.00 on the NSE during today's session. The stock is currently trading at Rs 13,788.00, marking a 3.62% increase.
The stock's performance placed it among the top gainers in the NIFTY MIDCAP 150 index in the morning session. The market sentiment for Solar Industries India is very bullish, according to Moneycontrol analysis.
Solar Industries India's financial performance shows consistent growth in revenue and net profit over the past few years.
Quarterly Performance:| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
|---|---|---|---|---|---|
| Revenue (Cr) | 1,429.14 | 1,610.71 | 1,694.78 | 1,715.83 | 1,973.08 |
| Net Profit (Cr) | 223.27 | 240.15 | 298.47 | 298.68 | 336.54 |
| EPS | 22.47 | 25.98 | 31.66 | 31.59 | 34.80 |
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Revenue (Cr) | 2,237.30 | 2,515.63 | 3,947.61 | 6,922.53 | 6,069.52 |
| Net Profit (Cr) | 278.67 | 288.07 | 455.47 | 811.44 | 874.88 |
| EPS | 29.55 | 30.54 | 48.77 | 83.68 | 92.38 |
| BVPS | 158.19 | 181.45 | 222.64 | 303.94 | 378.70 |
| ROE | 19.37 | 17.49 | 23.05 | 29.00 | 25.28 |
| Debt to Equity | 0.44 | 0.40 | 0.45 | 0.45 | 0.33 |
The company's revenue has shown substantial growth over the years, with a slight decrease in 2024. Net profit and EPS have also increased consistently. The debt-to-equity ratio has remained stable, indicating sound financial management.
Solar Industries India's consistent financial performance and positive market sentiment reflect its strong position in the industry. The stock's all-time high suggests continued investor confidence.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
