India's Solar Industries slips after factory blast kills one, injures eight

Solar Industries India

04/09/2025 07:15

** Shares of explosives and defense manufacturer Solar Industries India SLIN.NS fall 2.9% to 13,880 rupees

** One person died and eight were injured after an explosion at co's Nagpur factory

** Co says financial impact from explosion limited, adequate insurance is in place

** Stock rated "buy" on avg; median PT is 17,200 rupees - data compiled by LSEG

** Stock up 42.3% YTD

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))