If you are wondering which share will be best for investment in recent times then you should know about Solar Industries Share Price Target 2025, 2030, and 2040 Share Price Target. Today in this article we will explain the basic idea about the Solar Industries Share Price Target 2025, 2027, and 2030. Based on our research and expert advice, this blog is about the company’s growth, performance, etc.
In this article, we will describe the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. Solar Industries Share Price Target is a trading share in the share market. We use expert research and analysis to understand the Solar Industries Share Price Target. This article may be useful to those who want to invest in this share. Let’s explore the Solar Industries Share Price Target 2025 to 2040.
Introduction
Solar Industries India Ltd manufactures explosives and defense goods. In addition, road and infrastructure development mining, tunneling, hydro projects, and building all employ Solar Industries products. The business was founded on February 24th, 1995. The primary products that Solar Industries Company makes and exports are defense-related items such as explosives, pyrotechnics, missiles, and rockets. The corporation entered the worldwide market and grew its operations in India.
Overview
Satyanarayan Nuwal was the founder of the Company. Following the founding of Solar Explosives Limited in Nagpur in 1996. Under the name Economic Explosives Limited, the promoter began producing detonators in 1997. The same year, the business began producing explosive components. The company’s second division, Solar Capitals Limited, received approval in 2005 to operate at a 6000MT manufacturing capacity. Solar Explosive Limited was the previous name of the company until it was renamed Solar Industries India Limited in 2009.
The Solar Industries Company produces cord relays, aluminum element detonators, simple detonators, electronic detonators, non-electric detonators, and cast boosters, among other initiating systems. Bulk explosives Seismic explosives, are under-packaged, and prohibited explosives. Superpower 90, SuperPower 80, Solar Gel, Solarprime Maxx, and Solarprime-E are a few goods that fall under prohibited explosives.
| Company Name | Grasim Industry limited |
| Market Cap | ₹1,10,111 Crore |
| P/B | 45.90 |
| Face Value | ₹2 |
| 52 Week High | ₹13,350 |
| 52 Week Low | ₹3,655 |
| Book Value | ₹260 |
| Div. Yield | 0.08% |
Financial Data analysis
To understand the company’s performance, we need to consider its PE ratio, return on assets, current ratio, and return on equity. The following section will discuss these parameters. The target share price for Solar Industries is also influenced by these ratios.
| PE Ratio | Return on assets( ROA) | Current ratio | Return on equity(ROE) |
| 180 | 20.05% | 2.5% | 29.01% |
Solar Industries Share Price Target 2024
Solar Industries’ products are utilized in a variety of industries, including space application, housing, infrastructure, mining, and defense. Space application is one of the Solar Industries’ key areas. The business has decided to fund “Skyroot Aerospace” to produce space launch vehicles. Economic Explosives Limited began producing booster motors for PSLV rockets in another brunch. To assist ISRO, Solar Industries Company established a partnership with them to provide various space operations components. Explosives was Solar Industries Company’s 25-year focus.
| Year | Solar Industries Share Price Target 2025 |
| 1st Price Target | 9,440 |
| 2nd Price Target | 13,555 |
Solar Industries Share Price Target 2025
A significant player in the defense component manufacturing industry is Solar Industries. The Solar Industries Company produces warheads used in drone weaponry. The business produces 0.5–10 kg fragmentation cum blast warheads that can eliminate adversaries within an 8.5–30 m radius.
Economic Explosives, a Solar Industries subsidiary based in Nagpur, also manufactures Multi-Mode Hand Grenades, which are utilized by soldiers for safety. Recently, Solar Industries received a ₹454.8 Crore defense order. Research and development (R&D) is always a priority for Solar Industries to further grow the manufacturing sector. The company has invested ₹57.98 Crore in research and development over the past five years, and its quality control staff comprises 170 people.
| Year | Solar Industries Share Price Target 2025 |
| 1st Price Target | 13,625 |
| 2nd Price Target | 15,965 |
Solar Industries Share Price Target 2030
Maharashtra Safety received an award from Solar Industries Company in 2016–17 for having the longest manufacturing period without an accident. In addition, Solar Industries produces missiles, air bombs, rockets, and war heads for rockets. 2009 saw Solar Industries emerge as the leading producer of explosives in India. 2017 saw the establishment of a facility by Solar Industries in South Africa and the beginning of orders for Bullk Defense. The company began exporting defense items in 2018.
The Solar Industries Company began operations in Tanzania in 2022, surpassing the ₹24990 Crore market cap. With over 8310 workers, Solar Industries Company can continue to produce high-quality goods. Additionally, the company increased the quality of explosives it produced to 467986 Metric Tonnes.
| Year | Solar Industries Share Price Target 2030 |
| 1st Price Target | 26,625 |
| 2nd Price Target | 28,190 |
Solar Industries Share Price Target 2040
The Solar Industries Company began producing in Ghana and Indonesia in 2022, and it currently exports its goods to 53 countries. In 2023, Solar Industries was placed among the top 5 globally for explosive companies, virtually. The development of the defense industry is overseen by the Indian government as well. Solar Industries gains from the program. Additionally, the Indian government intends to raise the percentage of 4-lane highways from 2% to 10% of all roadways, which will present a significant opportunity for the company’s explosives industry.
| Year | Solar Industries Share Price Target 2040 |
| 1st Price Target | 48,625 |
| 2nd Price Target | 49,990 |
Solar Industries Share Price Target 2050
According to projections, the Solar Industries Company share price target for 2050 is set at ₹65,200, assuming the company maintains the same average annual growth rate observed over the past decade. For the Year 2050, it means you we want to know about its performance in future.
| Year | Solar Industries Share Price Target 2050 |
| 1st Price Target | 62,480 |
| 2nd Price Target | 65,200 |
Advantages and Disadvantages Of Solar Industries
Every share offers various benefits as well as drawbacks. Thus, the following list of benefits and drawbacks equally applies to the Solar Industries Share Price Target.
Advantages
- The company’s net profit increase over the past year has been impressive, rising by 71.36%.
- A positive indicator of the company’s growth is its impressive 75.92% annual sales increase.
- The amount per share of book value is likewise increasing.
- Because operating activity generates more cash, net cash flow likewise grows.
- An important factor in Solar Industries’ expansion has been its effective 44.92-day cash conversation cycle.
- The company’s interest cover ratio of 22.98 and its minimal debt load are both favorable for its future growth.
Disadvantages
- The company’s high PE Ratio of 149.83 is detrimental to its ability to grow.
- The high EBITDA of 95.93 is detrimental to the company’s ability to grow.
- Although Solar Industries has kept up its environmental pollution prevention efforts recently, as a chemical industry, the company’s production and disposal processes may contribute to environmental pollution. For this reason, the company should always adhere to mandatory environmental pollution prevention procedures.
- The Solar Industries Company keeps up a worldwide raw material supply chain. Natural catastrophes can hinder a company’s growth by causing delays or raising the cost of raw supplies.
FAQs
Who is the CEO of Solar Industries?
Shri Satyanarayan Nandlal Nuwal is the CEO of Solar industries.
What is the Solar Industries’ share price target for 2024?
The first price target is ₹9,440, and the second price target is ₹13,555, according to the share price estimate for Solar Industries Share Price Target 2024.
What is the Solar Industries’ share price target for 2025?
The first price target is ₹13,625, and the second price target is ₹15,965, according to the share price estimate for Solar Industries Share Price Target 2025.
What is the Solar Industries’ share price target for 2030?
The first price target is ₹26,625, and the second price target is ₹28,190, according to the share price estimate for Solar Industries Share Price Target 2030.
What is the Solar Industries’ share price target for 2040?
The first price target is ₹48,625 and the second price target is ₹49,990, according to the share price forecast for Solar Industries Share Price Target 2040.
What is the Solar Industries’ share price target for 2050?
According to projections, the Solar Industries Company share price target for 2050 is set at ₹65,200, assuming the company maintains the same average annual growth rate observed over the past decade.
Conclusion
We hope https://pricepredictionhub.com/ will provide you with some fundamental knowledge on the Solar Industries Share Price Target. We make sure that, over time, the Solar Industries Share Price Target may rise to an extremely high position by conducting the necessary research and consulting with specialists. Solar Industries is mostly associated with the field of explosives and defense goods. Thus, as the need for this industry grows, so does the share’s potential for future profit.
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Disclaimer
This prediction is for informational purposes only and should not be considered financial advice. Share price forecasts are Hypothetical and subject to change based on market conditions and other factors. Always conduct your research and consult with a financial advisor before making investment decisions. Past performance does not always guarantee future results.