Solar Industries India Ltd
NSE:SOLARINDS
SOLARINDS's latest stock split occurred on Jul 13, 2016
The company executed a 5-for-1 stock split, meaning that for every share held, investors received 5 new shares.
Before the split, SOLARINDS traded at 3245.8 per share. Afterward, the share price was about 628.45.
The adjusted shares began trading on Jul 13, 2016. This was the only stock split in SOLARINDS's history.
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Solar Industries India Ltd
Glance View
In the heart of industrial India, where innovation meets opportunity, Solar Industries India Ltd has carved a niche that blends the art of explosive manufacturing with strategic business acumen. Founded in 1995, the company has evolved from its humble beginnings in Nagpur to become a leading explosives manufacturer, holding the distinction of being India’s largest and among the top global players. The company is best known for its production of industrial explosives and initiating systems, serving sectors such as mining, infrastructure, and defense. What sets Solar Industries apart is its integrated approach, from manufacturing the raw materials to delivering the final product and providing technical support, ensuring that clients receive a comprehensive solution tailored to their specific needs. At the core of its financial success is Solar Industries' ability to capitalize on both domestic and international markets, enabling a robust revenue stream. Primarily, the company generates income from the sale of explosives used in mining projects, where its products help in efficient extraction of minerals. Additionally, with a keen eye on diversification, Solar Industries extends its reach into the growing defense sector, offering ammunition and related defense products, which represent a promising vertical with significant growth potential. By combining its deep industrial expertise with strategic expansions into newer domains, Solar Industries not only fuels its own growth but also contributes significantly to the industries it serves, maintaining a steady pulse on the markets and technologies that drive its business forward.
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