Pending — not yet graded
Bullish on Solar Industries with a Buy rating and a target price of Rs 28,160, implying over 26% upside from the last closing price of Rs 21,345. Solar is recognized as a leading manufacturer of explosives and ammunition, expanding into defence and aerospace products like rockets and drones.

Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%

Solar Industries LtdBullishCalled 10 Sep 2026
Verdict:PENDING

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