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Solar Industries Get A 'Buy' From ICICI Securities, Sees Upto 25%; Here's Why
ICICI Securities reiterates its valuation multiple of 65 times, as margins are expected to improve earnings growth of 40–45% p.a. on average is in store over next two years.
04 Dec 2024, 11:39 AM IST 
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Stocks to Buy:The award of export order (pertaining to defence) worth Rs 20.4 billion reaffirms the brokerage's view that defence’s contribution is likely to swell in Solar Industries’ overall revenue mix.
UAS and Drones manufactured by Solar Industries India Ltd. (Source: Company)
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