700% rally in five years! Solar Industries share price edge higher ₹239 crore defence order
2 weeks, 4 days ago

700% rally in five years! Solar Industries share price edge higher ₹239 crore defence order

Live Mint  

Shares of Solar Industries edged higher in intra-day trade on Tuesday, March 4, after securing a significant order from the Ministry of Defence. Solar Industries announced that its wholly owned subsidiary, Solar Defence and Aerospace, has signed a contract worth ₹239 crore with the Ministry of Defence, Government of India, for the supply of multi-mode hand grenades. Stock Price Trend Shares of Solar Industries climbed as much as 1.5 percent to an intra-day high of ₹9,115.10. Solar Industries’ latest defence order strengthens its position in the sector, reinforcing its growing presence in military-grade explosives and propellants.

Defence Solar Industries Solar Industries  price  crore  solar  share  higher  defence  company  edge  order  industries  explosives  shares  stock  rally  strong

History of this topic

Holi 2025: 4 Defence sector stock picks by ICICI Securities on Rearm Europe Plan
1 week, 1 day ago

Holi 2025: 4 Defence sector stock picks by ICICI Securities on Rearm Europe Plan

Live Mint  

Holi 2025: Here are four defence sector stock picks by ICICI Securities. ICICI Securities expects Solar Industries India Ltd, PTC Industries, Dynamatic Technologies Ltd and Azad Engineering Ltd shall be key beneficiaries of such a policy Four Stock Picks For Solar Industries India Ltd, ICICI Securities has given buy target of ₹13,720). The Solar Industries share price is trading at …

Solar Industries India bags ₹2,150 crore defence supply export order
3 weeks, 1 day ago

Solar Industries India bags ₹2,150 crore defence supply export order

Live Mint  

Defence equipment manufacturer Solar Industries India Limited announced that the firm has secured a ₹2,150 crore international defence supply export order, according to the exchange filing on Friday, February 28. “We are pleased to share that our Company Solar Industries India Limited and its subsidiary have received export orders worth INR 2150 Crores for Supply of Defence Products, to be …

Solar stock Gensol Engineering jumps over 5% on receipt of ₹968 crore order
1 month, 2 weeks ago

Solar stock Gensol Engineering jumps over 5% on receipt of ₹968 crore order

Live Mint  

Stock Market Today: Solar stock Gensol Engineering Ltd gained more than 5% during intraday trades on Friday after it announced receipt of ₹968 crore order The Gensol Engineering share price opened at ₹735 on the BSE on Friday, 3% higher than the previous days closing price of ₹713.50. The Gensol Engineering share price thereafter rose to intraday highs of ₹751.45, …

Premier Energies share price reverses gains, tanks 15% from day’s high
1 month, 2 weeks ago

Premier Energies share price reverses gains, tanks 15% from day’s high

Live Mint  

Shares of Premier Energies, India’s second-largest integrated manufacturer of solar cells and modules, dropped sharply from their intraday high, declining 15% to hit a day's low of ₹997 per share. Kotak Securities also highlighted that the company's order inflow momentum was extremely strong in 3QFY25, with Premier securing ₹22.4 billion worth of orders during the quarter. Pause on U.S. expansion …

Solar91 Cleantech SME IPO to open on Dec 24; price band set at ₹185-195/share
3 months ago

Solar91 Cleantech SME IPO to open on Dec 24; price band set at ₹185-195/share

Hindustan Times  

Solar91 Cleantech, an EPC solutions provider, said on Sunday that it has set a price range of ₹185–195 per equity share for the inaugural share sale, which will take place on 24 December and raise ₹106 crore. "This IPO marks a new chapter for the company, empowering us to accelerate our growth, expand our IPP portfolio, and continue delivering sustainable, …

EV stock rises over 2% despite weak stock market sentiment after THIS announcement; do you own?
3 months ago

EV stock rises over 2% despite weak stock market sentiment after THIS announcement; do you own?

Live Mint  

Stock Market Today: Shares of leading renewable energy company Gensol Engineering defied weak market sentiment and rose over 2 per cent on Wednesday, December 18 following a major project announcement. It will play a vital role in advancing India’s clean energy transition," said Shilpa Urhekar, Chief Executive Officer, Solar EPC, Gensol Engineering. The awarding of this contract to Gensol highlights …

Shakti Pumps shares hit 5% upper circuit on ₹754 crore solar water pumping system order
3 months, 1 week ago

Shakti Pumps shares hit 5% upper circuit on ₹754 crore solar water pumping system order

Live Mint  

Stock Market Today: Shakti Pumps, a leading Indian manufacturer of solar pumps and motors, saw its shares hit the 5% upper circuit limit during early trading on Thursday, December 12, reaching a two-week high of ₹856.55 apiece. Recognised as a leading manufacturer in the Indian pump industry, Shakti Pumps holds a dominant market position with a 25% share in the …

Upcoming IPO: Solar91 Cleantech gets BSE nod for SME IPO launch
3 months, 2 weeks ago

Upcoming IPO: Solar91 Cleantech gets BSE nod for SME IPO launch

Live Mint  

Upcoming IPO: Solar91 Cleantech on Friday, December 6 said Bombay Stock Exchange has approved the draft red herring prospectus for its initial public offer. Solar91 Cleantech, a solar plant installation company, plans to issue up to 54,36,000 equity shares, each with a face value of ₹10, in the upcoming IPO. It plans to utilise the funds raised via public issue …

Solar Industries stock jumps 10% after company wins ₹2,039 crore defence export order
3 months, 2 weeks ago

Solar Industries stock jumps 10% after company wins ₹2,039 crore defence export order

Live Mint  

Shares of Solar Industries jumped 10 per cent in early morning trade on December 3, reaching a six-week high of Rs. In an exchange filing on Monday, the company announced that it had secured export orders worth ₹2,039 crore, along with its subsidiary, for the supply of defence products. It remains optimistic about achieving defence product sales of ₹1,500 crore, …

India's Solar Imports to Soar to $30B by 2030
5 months ago

India's Solar Imports to Soar to $30B by 2030

Deccan Chronicle  

India's solar imports could surge to $30B by 2030 due to the country's reliance on imports. The country installed 15 GW of solar capacity in FY 2024, raising the total capacity to 90.8 GW by September 2024. However, to meet its 2030 goal of 500 GW in renewable energy, India needs to add 65-70 GW each year. India needs to …

Upcoming IPO: PMEA Solar Tech Files Draft Papers For Maiden Issue, Check Details Here
6 months ago

Upcoming IPO: PMEA Solar Tech Files Draft Papers For Maiden Issue, Check Details Here

ABP News  

PMEA Solar Tech Solutions Ltd submitted draft papers for its maiden offering with the Securities and Exchange Board of India. The IPO includes a fresh offering of equity worth Rs 600 crore and an offer-for-sale of up to 11.24 million shares by existing promoters and shareholders. About PMEA Solar Tech Solutions PMEA Solar Tech has an annual installed capacity of …

Multibagger PTC Industries shares rise 3% after arm secures aerospace order from Israel
6 months, 2 weeks ago

Multibagger PTC Industries shares rise 3% after arm secures aerospace order from Israel

Live Mint  

Shares of PTC Industries, a manufacturer specializing in high-quality, high-precision metal components for critical and supercritical applications, jumped 3% during the final hour of trading today, reaching ₹14,500 apiece. This surge followed the company's announcement that its wholly owned subsidiary, Aerolloy Technologies, has secured an order from Israel Aerospace Industries for the supply of titanium cast components for aerospace applications. …

Gensol Engineering share: Experts see 20% upside after this near-term breakout. Is this a stock to buy today?
7 months, 3 weeks ago

Gensol Engineering share: Experts see 20% upside after this near-term breakout. Is this a stock to buy today?

Live Mint  

Stock market today: Gensol Engineering shares witnessed strong buying in the early morning session as the solar company has declared a winning fresh project worth ₹463 crore. Triggers for Gensol Engineering shares Speaking on the triggers fueling Gensol Engineering shares, Avinash Gorakshkar, Head of Research at Profitmart Securities, said, “The solar energy division of the company has a strong order …

The ‘import restrictions’ on solar PV cells | Explained
11 months, 1 week ago

The ‘import restrictions’ on solar PV cells | Explained

The Hindu  

The story so far: Recent government orders on attempts to increase local sourcing of solar modules to support India’s renewables manufacturing ecosystem has been widely reported in the media as ‘import restrictions’. India’s domestic renewables sector, at the time, was unlikely to meet the spike in demand for solar power production equipment at rates offered by Chinese manufacturers. According to …

Gensol Engineering share price hits upper circuit after completion of ₹128-cr solar project
1 year ago

Gensol Engineering share price hits upper circuit after completion of ₹128-cr solar project

Live Mint  

Mukul Agrawal portfolio: Gensol Engineering share price today witnessed strong buying interest during morning deals. The energy stock came under the radar of Dalal Street bulls after it announced the completion of a 160 MW solar project worth ₹128 crore in Bhavnagar, Gujarat for Continuum Green Energy. Gensol Engineering news The energy company informed Indian stock market exchanges about the …

Solar Industries: Is it exploding its way to success?
2 years, 3 months ago

Solar Industries: Is it exploding its way to success?

Live Mint  

Defence segment offers opportunities for growth and margin expansion Over the past 10 years, Solar has developed several defence products - high energy materials, composite propellants for Pinaka, Akash, Brahmos, etc., explosive filling of ammunitions, mines, multimode grenades and warheads, fuses, pyros and ignitors and rocket/missile integration. Solar’s presence in the following sectors Solar’s Presence in the following Sectors Solar …

₹1k share turns to ₹4k in 2 yrs as this firm hits milestone in defence biz
2 years, 4 months ago

₹1k share turns to ₹4k in 2 yrs as this firm hits milestone in defence biz

Live Mint  

Solar Industries, a midcap company, has garnered tremendous growth in its share price, making many investors rich. Manish Nuwal, Managing Director & CEO, of Solar Industries India said, "Our Strategy to nurture Overseas businesses, expand in Non- Coal India Markets & Defence continue to boost our performance. Now after establishing ourselves in Indian ammunition markets, exports opportunities are providing us …

India-led alliance bats for diverse solar energy market
2 years, 5 months ago

India-led alliance bats for diverse solar energy market

Associated Press  

BENGALURU, India — For countries to transition away from fossil fuels and toward cleaner energies like solar power, supply chains for components need to be more geographically diverse, officials said during a conference on solar energy in New Delhi said on Tuesday. Launched by India and France at the 2015 Paris climate conference, the ISA aims to promote the use …

₹20 to ₹3827: Multibagger stock turns ₹1 lakh to ₹1.91 crore in 15 years
2 years, 5 months ago

₹20 to ₹3827: Multibagger stock turns ₹1 lakh to ₹1.91 crore in 15 years

Live Mint  

Solar Industries shares are one of the multibagger stocks in Indian stock market. In last 15 years, Solar Industries share price has ascended from around ₹20 to ₹3,827 apiece levels, appreciating to the tune of near 91 times in this long term. Solar Industries share price history In last one month, Solar Industries share price has surged from ₹3411 to …

Domestic solar equipment makers flag low capacity utilisation, seek government intervention
2 years, 11 months ago

Domestic solar equipment makers flag low capacity utilisation, seek government intervention

The Hindu  

The All India Solar Industries Association has urged the government to intervene amid concerns that solar equipment manufacturing units were operating at 30% capacity due to massive imports by traders from China. In a letter to Power Minister R.K. Singh, the representative association for domestic solar equipment makers said: “Having been hopeful of revival for the last decade and survived …

India To Become Manufacturing Hub For Lowest Cost, Highest-Efficiency Solar Panels, Says Mukesh Ambani
3 years, 5 months ago

India To Become Manufacturing Hub For Lowest Cost, Highest-Efficiency Solar Panels, Says Mukesh Ambani

News 18  

Reliance Industries on Sunday announced it was acquiring one of the largest solar panel manufacturing companies, REC Solar Holdings AS, for an enterprise value of US$ 771 million. “I am immensely pleased with our acquisition of REC because it will help Reliance tap the unlimited and year-long power of Soorya Dev, the Sun God, that India is fortunate to be …

The dark side of India’s solar gamble
3 years, 11 months ago

The dark side of India’s solar gamble

Live Mint  

SINGAPORE/CHENNAI : In December, news reports indicated that the ministry of new and renewable energy had proposed a 20% basic customs duty on solar module and cell imports. According to a 2017 World Intellectual Property Organisation working paper, China’s share of global manufacturing capacity in the different segments of solar energy generation was 81% in ingots, 84% in wafers, 66% …

Solar installations plunged 52% in Q2 2018; price fluctuations, uncertainties around trade cases impact growth: Report
6 years, 6 months ago

Solar installations plunged 52% in Q2 2018; price fluctuations, uncertainties around trade cases impact growth: Report

Firstpost  

According to Mercom India Research’s Q2 2018 India Solar Market Update, the installations stood at 3,344 MW during the first quarter. New Delhi: Solar installations in India plunged 52 percent to 1,599 MW during the second quarter of 2018, mainly due to uncertainties around trade cases and module price fluctuations, says a report. “The drop in solar installations in Q2 …

Solar energy boom turns to bust for Indian manufacturers
7 years, 9 months ago

Solar energy boom turns to bust for Indian manufacturers

Firstpost  

Chinese companies accounting for around 85 percent of India’s solar module demand and earning around $2 billion, according to industry data. Some of India’s biggest solar equipment makers are facing financial collapse, priced out by Chinese competitors as Prime Minister Narendra Modi’s government prioritises cheap power over local manufacturing despite his ‘Make in India’ push. Chinese companies have gained the …

Indian solar power producers may get module prices relief
8 years ago

Indian solar power producers may get module prices relief

Live Mint  

Mumbai: Global prices of solar modules, a key component in setting up solar power plants, could fall by as much as one-fifth this year, companies and analysts say. “Prices are likely to continue to fall and in the second half of this year, tier-1 module prices are likely to be between 27-30 cents,” said Sanjeev Aggarwal, managing director and chief …

Believing in India’s solar mission takes a leap of faith
8 years, 2 months ago

Believing in India’s solar mission takes a leap of faith

Live Mint  

Singapore: The sun’s energy is free, but the capital required to harness it must earn a fair return. But according to some industry insiders, at 6 cents per kilowatt-hour, the Indian solar market is showing signs of being unnecessarily competitive. Multi-crystalline silicon modules will sell for around 32 US cents per watt this year, according to Jenny Chase, the chief …

Govt looking to boost made in India solar panels
8 years, 11 months ago

Govt looking to boost made in India solar panels

Hindustan Times  

In a bid to push Make in India, the government will soon announce a policy to boost end-to-end manufacturing of solar equipments like polysilicon, wafers, cells and panels. The policy is aimed towards policy to boosting end-to-end manufacturing of solar equipments like polysilicon, wafers, cells and panels. As the government has raised India’s target for solar power generation to 100,000 …

India wins Obama backing for $160 billion solar push
10 years, 1 month ago

India wins Obama backing for $160 billion solar push

Live Mint  

New Delhi/Tokyo: Prime Minister Narendra Modi, who pioneered India’s first solar incentives as chief minister of Gujarat, won backing from US President Barack Obama for an expansion of the technology nationwide. “India’s ambition would require $160 billion,” according to Arunabha Ghosh, chief executive officer at the New Delhi-based Council on Energy, Environment and Water. Climate talks Modi’s remarks and support …

Govt support to solar panel sector could save $42 bn in outgo: Report
10 years, 7 months ago

Govt support to solar panel sector could save $42 bn in outgo: Report

Firstpost  

Currently, India imports more than $30 billion of electronic goods, including solar panels, annually making it the fourth largest item in the import basket, contributing to 23 per cent of its trade deficit. A sustainable manufacturing policy for the solar panel industry could help save $42 billion in forex outgo by 2030, according to a KPMG report and the Indian …

Chinese solar firms' shares soar in New York
12 years, 2 months ago

Chinese solar firms' shares soar in New York

China Daily  

The first week of 2013 saw Chinese stocks climb for a fifth week in New York, rallying the most since September, as manufacturing data added to signs the economy is recovering and as the US budget deal boosted China's second-largest trading partner. The Bloomberg China-US Equity Index of the most-traded Chinese shares in the United States jumped 5.1 percent during …

China Sunergy profit beats, says demand improving
14 years, 4 months ago

China Sunergy profit beats, says demand improving

China Daily  

Companies China Sunergy profit beats, says demand improving Updated: 2010-11-16 13:24 BANGALORE - China Sunergy Co Ltd's third-quarter profit doubled, beating estimates, and the solar cell maker said it would expand capacity to cash in on growing demand, sending its shares up 8 percent. Third-quarter shipments at China Sunergy surged 61 percent to 87.8 megawatts, and it expects this to …

India makes thin film solar cell leap
14 years, 11 months ago

India makes thin film solar cell leap

Live Mint  

Bangalore: It’s rare that scientists in India develop new technologies and see them reach the marketplace, at least during their active career. Ltd break into the international league where a handful of companies sell turnkey production lines for thin film solar cells. With the setting up of a 10MW demonstration production facility in Dabaspet, 50km from Bangalore, that will become …

Tata BP Solar raises $78 mn in solar energy
17 years ago

Tata BP Solar raises $78 mn in solar energy

Live Mint  

Bangalore: Tata BP Solar today announced that they had signed an agreement with Calyon Bank and BNP Paribas and among others, to raise $78 million to fund its 128MW solar cell expansion project, which is in the advanced stages of implementation, eventually totaling 180MW solar cell manufacturing capacity. Tata BP Solar, a Tata Power and BP Solar joint venture, has …

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