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Solar Industries India Ltd.
Share Price Target & Analysis

NSE:SOLARINDS

10024.6

VWAP

9973.5

Open

9973.5

Close

10121

High

9924.15

Low

13298

52 Week High

10036.95 ⇧
63.45 (0.64%)

SOLARINDS

(CHEMICALS)
55.9% Momentum

Turnaround Potential

5909.35

52 Week Low

76.18

EPS

138.11

PE

38.71

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: SOLARINDS Share Price Financial Analysis & Valuation

Solar Industries India Ltd. (SOLARINDS) is broadly categorized in CHEMICALS segment industry which deals in Chemicals vertical. It is one of Mid Cap company with Market Capitalization of Rs 21776.4 (in Cr). Total number of free float shares are 9.1 (in Lacs). Solar Industries India Ltd. is listed on NSE with Exchange ID - INE343H01029 and trading code is NSE:SOLARINDS with short name Solar Ind.

In the past 1 year, Solar Industries India Ltd. has declared an equity dividend of Rs 8.5 per share. At the current share price of SOLARINDS at Rs 10036.95, this results in a dividend yield of 0.08 %.

As per the Fundamental Analysis of NSE:SOLARINDS, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine SOLARINDS underlying value and future prospects. All of this data is available in SOLARINDS financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:SOLARINDS, it is clearly understood that SOLARINDS is Economical performer in terms of earnings and profit margins with an EPS of 76.18. NSE:SOLARINDS book value per share as of today is 259.31. The current price to book ratio for SOLARINDS as of Nov 23, 2024 is 38.71.

Valuation of the Stock: The current valuation of SOLARINDS stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SOLARINDS whether to BUY this stock at current valuation. The delivery percentage of SOLARINDS is 57.95% is very crucial parameter which shows that 57.95% investors are anticipating that the price of SOLARINDS share should go up with VWAP at 10024.6.

Now, the main question is whether to BUY or SELL, NSE:SOLARINDS at current valuation.
As per latest Analysis No. #1287:-

⇑ STRONG BUY SOLARINDS if All Greens

⇗ BUY SOLARINDS (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD SOLARINDS (With Stop Loss) if only 1 Green

⇘ SELL SOLARINDS if NO Green Indicator

NSE: SOLARINDS Share Price Today (Nov 23, 2024)

(Solar Industries India Ltd. Daily Analysis on the basis of SOLARINDS Intraday Graph & Trend)

Solar Industries India Ltd. share price moved Up by 0.64% from its previous close of Rs 9973.5. SOLARINDS stock last traded price is 10036.95. SOLARINDS share price trend is Up with a total of 38784 stocks traded till now. It has touched an intraday high of Rs 10121 and an intraday low of Rs 9924.15. The SOLARINDS trading at 10036.95, Up by Rs. 63.45, or 0.64 percent which suggests that most of the Traders are anticipating that the price of SOLARINDS share should go Up.

NSE: SOLARINDS Share Price Tomorrow Prediction

(Solar Industries India Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SOLARINDS)

Solar Industries India Ltd. share price moved Up by 0.64%. SOLARINDS share price short term trend is Up. It suggests that SOLARINDS Share Price for Tomorrow remains the same with VWAP at 10024.6 will be treated as stop loss for intraday traders. Solar Industries India Ltd. Long term investors can follow the SOLARINDS long term trend as mentiond in future forecast table.

NSE Code

NSE: SOLARINDS

SOLARINDS Share Price Today

 10036.95

SOLARINDS Share Price Target Prediction for 2024 ^

 9245.4 - 13363.8

SOLARINDS Share Price Target Prediction for 2025*^

 13363.8 - 14236.8

SOLARINDS Share Price Target Prediction for 2026*^

 14236.8 - 15233.4

SOLARINDS Share Price Target Prediction for 2027*^

 15995

SOLARINDS Share Price Target Prediction for 2028*^

 16452

SOLARINDS Share Price Target Prediction for 2030*^

 17933
SOLARINDS Current Book Value 2023
258

*Solar Industries India Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^SOLARINDS share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

SOLARINDS Technical Analysis

Candlestick Pattern: @10008.5

SOLARINDS Moving Averages

BUY (3) NEUTRAL (0) SELL (11)
MA Simple Action S1 Expo Action E2
MA_5 10013.9 SELL 9991.75 BUY
MA_12 10147.3 SELL 10179.9 SELL
MA_20 10372.7 SELL 10335.2 SELL
MA_32 10760.7 SELL 10528.1 SELL
MA_50 10855.8 SELL 10611.5 SELL
MA_100 10814.5 SELL 10510.9 SELL
MA_200 9580.12 BUY 9546.09 BUY

SOLARINDS Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 10372.7 Downtrend
MACD -29.3 SELL
ADX 29.54 Strong Trend
DMI (+/-) 11.45 / 26.72 Downtrend

SOLARINDS Momentum Oscillators

BUY (1) NEUTRAL (9) SELL (2)
Momentum Oscillators Value Action
RSI 41.2 Neutral
STOCHASTIC_K (Fast) 39.12 Neutral
STOCHASTIC_D (Slow) 28.58 Neutral
CCI -96.37 Neutral
PSAR 10325 SELL
TRUE RANGE 443.65 Neutral
ATR 385.18 Neutral
WILLIAMS R -63.47 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 97.61 Overbought
STOCHASTIC RSI D 32.54 Neutral
MOMENTUM -1513.85 SELL

SOLARINDS Last 1 Year Trend

Duration Value
1 Year 60.98%
3 Months -0.55%
1 Month -13.14%
1 Week -2.04%

SOLARINDS Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 30%
SELL 53%

Most popular Questions & Answers about SOLARINDS


Solar Industries India Ltd. stock last traded price is 10036.95. SOLARINDS share price moved Up by 0.64% from its previous close of Rs 9973.5.

Solar Industries India Ltd. share price trend is Up with a total of 38784 stocks traded till now. It has touched an intraday high of Rs 13430.98 and an intraday low of Rs 9924.15. The SOLARINDS trading at 10036.95, Up by Rs. 63.45, or 0.64 percent which suggests that most of the Traders are anticipating that the price of SOLARINDS share should go Up and the Stop Loss will be around 10024.6.

The market cap of Solar Industries India Ltd. is ₹21776.4 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Solar Industries India Ltd. as of Nov 22, 2024 is 138.11.

The current price to book ratio for Solar Industries India Ltd. as of Nov 22, 2024 is 38.71.

The highest price of Solar Industries India Ltd. stock is ₹13298 in the last 52-week.

The lowest price of Solar Industries India Ltd. stock is ₹5909.35 in the last 52-week.

Solar Industries India Ltd. share trading at ₹10036.95, Up by Rs. 63.45, or 0.64 percent which suggests that most of the traders are anticipating that the price of SOLARINDS share should go Up.

In 2023, Stock price target for Solar Industries India Ltd. (SOLARINDS) are ₹9245.4 on downside and ₹13363.8 on upside. Solar Industries India Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Solar Industries India Ltd. (SOLARINDS) are ₹13363.8 on downside and ₹14236.8 on upside. Solar Industries India Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Solar Industries India Ltd. (SOLARINDS) are ₹14236.8 on downside and ₹15233.4 on upside. Solar Industries India Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Solar Industries India Ltd. (SOLARINDS) will be around ₹16452 Solar Industries India Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SOLARINDS.

The price of Solar Industries India Ltd. (SOLARINDS) shares moved by 0.64%. The short-term trend for SOLARINDS share price is Up. It implies that the share price of SOLARINDS will stay the same tomorrow and that intraday traders should treat VWAP at 10024.6 as a stop loss. Investors with a long-term outlook can track SOLARINDS long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of SOLARINDS stock is 913.4. Compared to the current market price of 10036.95 INR, the SOLARINDS stock is Overvalued by 90.9%.

As per the fundamental analysis of Solar Industries India Ltd. (SOLARINDS), it is of Economical quality in terms of earnings and profit margins with an EPS of 76.18. Solar Industries India Ltd. book value per share as of today is 259.31. The current price to book ratio for SOLARINDS as of Nov 23, 2024 is 38.71.


NSE:SOLARINDS News & Other Useful Information about SOLARINDS Share Price


Peer Comparison of NSE: SOLARINDS

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Chemicals

Company Price EPS BV
PIDILITIND 2967.45 38.75 163.92
MANORG 473.60 7.3 329.53
GANESHBE 130.31 8.67 69.38
UPL 565.50 3.25 100.32
INDOBORAX 186.34 13.17 91.18
AARTIIND 430.85 12.38 145.99
DEEPAKNTR 2670.85 29 216.62
ATUL 7261.60 143.53 1728.63
FLUOROCHEM 3810.05 36.12 539.16
TATACHEM 1069.90 27.56 735.01
Updated at: 22 Nov 2024 15:31

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