Solar Industries India hits record high

Solar Industries India

30/12/2022 06:33

BENGALURU, Dec 30 (Reuters) -    ** Shares of
industrial explosives manufacturer Solar Industries India Ltd
 SLIN.NS  rise as much as 5.5% to hit a record high of 4,399
rupees
    ** Stock sees its biggest intraday pct rise since Dec. 1 and
is on track for a third consecutive session of gains 
    ** More than 103,888 shares change hands by 11:52 a.m. IST,
2.3x the 30-day moving avg of 44,557 shares 
    ** Three out of 5 analysts covering the stock have a "buy"
or "strong buy" rating, 2 rate it at "hold"; median PT is 4,306
rupees - Refinitiv Data 
    ** As of last close, stock up 72.2% YTD
 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))