Latest news with #SolarIndustriesIndia
Time of India
17-07-2025
- Business
- Time of India
Top stocks to buy or sell today: Stock recommendations for July 17, 2025
Top stocks to buy or sell today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, Hero Motocorp, Tata Power are the top buy calls for today. Solar Industries India is a sell call. Here's his view on Nifty, Bank Nifty and the top stock picks for July 17, 2025: Index View: Nifty Nifty traded broadly within its previous day's range, recovering its early morning losses to end with minor gains ahead of its weekly expiry due today. With downside targets seeming to be complete and fresh upside opens up only above 25325 closing, any 50-70 point dip is likely to get bought into for targets of 25320 odd for this week's trade. Bank Nifty Bank Nifty continuing its outperformance ended at a 5 day closing highs as its supports of 56750 got protected not once, but twice at the start of this week. With continuing outperformance against Nifty, Bank Nifty is now back on track to scale to fresh all time highs, unless a close below 56750 negates this formation on daily charts. HEROMOTOCO (BUY): LCP: 4424 Stop Loss: 4260 Target: 5000 Ending at a 6 month closing highs earlier this week, Hero Motocorp has given a breakout from its bullish cup and handle pattern along with a crossover from its 200 DMA. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Đây có thể là thời điểm tốt nhất để giao dịch vàng trong 5 năm qua IC Markets Tìm hiểu thêm Undo This breakout also marks an end to the 8 week long consolidation seen on daily charts as the stock has shown signs of moving further northward given the price action positioned in a similar stance for a target of 5000 for now. TATAPOWER (BUY): LCP: 415 Stop Loss: 400 Target: 450 After holding above its 200 DMA all through the past week, the Tata Power stock has moved forward to breakout from its 6 month long cup and handle formation on daily and weekly charts ahead of its quarterly numbers. This is accompanied by a higher low formation on daily charts repeated over 5 times in the past 3-4 months signalling presences of buyers at lower levels. SOLARIND (SELL): LCP: 15190 Stop Loss: 16000 Target: 13700 After a strong rally of 110% from its Feb 2025 lows to June 2025 highs, Solar Industries India has started showing profit taking as focus shifts from defence as a sector. Charts suggest that over 40-50% of this recent rally is likely to be retraced, however we are looking for targets of 13700-800 zone which also coincides with its previous breakout and consolidation zone. Stock has already corrected ~15% off recent highs in less than 3 weeks. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India.com
03-07-2025
- Business
- India.com
Meet multi-millionaire industrialist, who saw 78 percent rise in wealth, a close competitor of Mukesh Ambani, Gautam Adani, his name is...
Satyanarayan Nuwal New Delhi: India's top 20 industrialists have witnessed a major profit in the first half of 2025. At a time when the market was in a volatile state, they achieved an average return of 15.6 percent, while the Sensex delivered a return of 7.11 percent. Satyanarayan Nuwal, Co-founder and Chairman of Solar Industries, saw the highest rise in wealth, with a massive surge of 78.4 percent. His company manufactures explosives, detonators, drones, and ammunition. It is important to note that out of the top 20, 14 industrialists experienced a wealth increase of at least 8.5 percent. Only 6 saw their wealth decline, ranging between 4 percent and 25 percent. During this time, Ravi Jaipuria, Chairman of RJ Corp, witnessed a 24.6 percent drop in his wealth. Meet Satyanarayan Nuwal: Satyanarayan Nuwal, 72, began his Solar Industries India in 1995 Solar Industries India started to trade in industrial explosives then started manufacturing them. The biggest chunk of its annual revenue is from exports, followed by housing and infrastructure, state-owned coal companies and the defense sector. Satyanarayan Nuwal is the son of a government employee Nuwal set up his first business, an ink manufacturing unit in 1970 at age 18. It has 25 manufacturing locations across India and exports to more than 50 countries. Nuwal and his brother Kailashchandra, also a billionaire, have been embroiled in a feud since 2020. Here in this article, we have listed the names of four corporate leaders who surprised everyone 1. Murali Divi (74): Founder & MD, Divi's Laboratories From an American scientist to a successful pharmaceutical entrepreneur Net worth: ₹95,734 crore All About Murali Divi: Divi's Laboratories is known for its expertise in Active Pharmaceutical Ingredients (APIs) Murali Divi is renowned for his journey from being a scientist in the US to becoming a successful entrepreneur. Instead of chasing profits, he has focused on innovation, high quality, and sustainable growth in business. 2. Vikram Lal (83): 96% Market Share in 500-800cc Bike Segment Founder, Eicher Motors Net worth: ₹87,186 crore All About Vikram Lal Eicher Motors is widely recognized for Royal Enfield. The company holds a 96% market share in the 500-800cc motorcycle segment. It also has a joint venture with Volvo for trucks and buses. The company has preserved the legacy of one of the oldest motorcycle brands. 3. Benu Bangur (94): Delivered Triple the Returns of Sensex This Year Chairman Emeritus, Shree Cement Net worth: ₹72,655 crore All About Benu Bangur Shree Cement sells cement under brands like Ultra Jung Rodhak, Bangur Cement, and Rockstrong. Honorary chairman Benu Bangur belongs to a prominent business family from Kolkata. The company is among the most cost-efficient cement producers in India. 4. Satyanarayan Nuwal (72): Over 40% Returns in the Past Three Years Co-founder and Chairman, Solar Industries Net worth: ₹67,527 crore
India.com
02-07-2025
- Business
- India.com
Meet Indian billionaire who beat Mukesh Ambani, Gautam Adani by making bombs and ammo; his wealth rose by 78% due to..., net worth is Rs...
(File) Mukesh Ambani and Gautam Adani and the top richest individuals in India, however, a surprise entrant has earned more wealth than the Reliance Industries chairman and the Adani Group boss in the first half of the current fiscal year. No, its not any of the usual culprits like Narayana Murthy, Shiv Nadar or Azim Premji, the man we are talking about is billionaire Satyanarayan Nuwal, the co-founder and President of Solar Industries India. Who is Satyanarayan Nuwal? Satyanarayan Nuwal is the co-founder of Solar Industries India, a company he established in 1995, initially to trade in industrial explosives, before venturing in the manufacturing of the same. At the age of 18, Satyanarayan Nuwal, the son of a middle-income government employee, started his first business, and later set up Solar Industries India, which currently has 25 manufacturing plants across India and exports ammunition and explosives to more than 50 countries around the globe. A major chunk of the company's annual revenue comes from global exports, followed by housing and infrastructure, state-owned coal companies and the defense sector, according to Forbes. The Nagpur-based firm manufactures detonators, explosives and ammunition at its 25 facilities across India. How Satyanarayan Nuwal's net worth increased by 78% in 2025? According to the Bloomberg Billionaire Index, Satyanarayan Nuwal currently has a net worth of $7.90 billion as his wealth surged by a whopping 78 percent in the first half of 2025, surpassing heavyweights like Mukesh Ambani and Gautam Adani. The primary reason for the astonishing rise in Nuwal's fortune is the rapid increase in the stock prices of Solar Industries India, which rose 45 percent in 2024, and 54 percent in 2023. However, the Nuwal's company's is witnessing its best year in 2025 as its share prices have jumped 81 percent in the first half. Who earned how much in 2025? As per Bloomberg, the total wealth of Satyanarayan Nuwal increased by a whopping 78.4 percent during the first half of this year to reach $7.9 billion, while telecom tycoon Sunil Mittal witnessed 27.3 percent rise in his fortune, taking his total wealth to $30.4 billion. The net worth of London-based Indian steel magnate Lakshmi Mittal jumped to $24.8 billion, an increase of 26.1 percent, while billionaire Rahul Bhatia's fortune surged by 24.9 percent, reaching $10.8 billion. Mukesh Ambani, Asia's richest man, saw a jump of 21.9 percent in his total wealth and has a current net worth of $110.5 billion, while Gautam Adani, India's second-richest individual has a net worth of $85.4 billion, after an increase of 8.5 percent in the first six months of 2025, according to Bloomberg.
Mint
30-06-2025
- Business
- Mint
From GRSE, BDL to Solar Industries- 10 Nifty 500 stocks that jumped over 50% in H1CY25; do you own any?
Indian stock market benchmark Nifty 50 wrapped the first half of the calendar year 2025 (H1CY25) with a decent gain of 7.5 per cent, defying geopolitical tensions and persisting concerns over a trade war triggered by US President Donald Trump's tariff policies. On the other hand, the broader Nifty 500 index has gained 5 per cent this year so far, with 14 stocks surging over 50 per cent. Let's take a look at 10 stocks that gained the most in the Nifty 500 index in H1CY25. The defence stock has soared 86 per cent this year so far. After hitting a 52-week low of ₹ 1,184.90 on March 3, it hit a 52-week high of ₹ 3,538.40 on June 23 this year. Solar Industries India share price has gained 79 per cent year-to-date (YTD), hitting a 52-week high of ₹ 17,820 on June 30. It hit a 52-week low of ₹ 8,482.50 on February 28 this year. BDL, one of the major defence stocks of the country, soared 73 per cent in H1CY25, hitting a fresh 52-week high of ₹ 2,096.60 on May 30 and a 52-week low of ₹ 890 on November 18 last year. The cigarettes and tobacco products company has seen a robust gain of 72 per cent YTD, hitting a 52-week high of ₹ 9,645.50 on June 30. It plumbed a 52-week low of ₹ 3,950.05 on 10 July last year. The healthcare stock jumped 70 per cent in the first half of the year, hitting a 52-week high of ₹ 2,370.20 on 27 June and a 52-week low of ₹ 1,171 on 19 August. This mid-cap stock has jumped 63 per cent this year so far. It hit a fresh 52-week high of ₹ 334.80 on 30 June this year and a 52-week low of ₹ 158.61 on 25 October last year. The speciality chemicals stock jumped 58 per cent in the first half of the year, hitting a 52-week high of ₹ 1,155 on 24 June after hitting a 52-week low of ₹ 601 on 28 February this year. After hitting a 52-week low of ₹ 146.10 on 20 January this year, this private bank stock has rebounded sharply, gaining 57 per cent year-to-date. It hit a 52-week high of ₹ 270.39 on 28 June last year. The NBFC stock scaled a fresh 52-week high of ₹ 278.09 on 30 June this year after hitting a 52-week low of ₹ 149.01 on 17 February. It surged 55 per cent in H1CY25. The NBFC stock has gained 55 per cent YTD. It hit a 52-week high of ₹ 2,198.70 on 30 June this year and a 52-week low of ₹ 1,276 on 27 June last year. Read all market-related news here Disclaimer: This story is based on Capitalmarkets data and is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
Business Standard
23-06-2025
- Business
- Business Standard
Solar Inds arm bags supply contract worth Rs 158-cr from Ministry of Defence
Solar Industries India said that its wholly owned subsidiary, Solar Defence & Aerospace has signed contract with Ministry of Defence, Government of India, to supply defence products. The contract is valued at Rs 158 crore and is to be delivered within a period of one year. Solar Industries India (SIIL) is the flagship company of the Solar Group. SIIL, along with its subsidiaries, manufactures bulk explosives, packaged explosives, and initiating systems, which find application in the mining, infrastructure, and construction industries. The companys consolidated net profit jumped 37.09% to Rs 322.23 crore on 34.51% increase in revenue from operations to Rs 2,166.55 crore in Q4 FY25 over Q4 FY24.
