Solar Industries India hits record high

Solar Industries India

22/03/2024 09:46

** Shares of explosives maker Solar Industries India  SLIN.NS 
jumped 5.5% to record high at 9,399 rupees
    ** This marks the third time the stock has hit a record high
so far this month
    ** Stock among top gainers in the Nifty 500  .NIFTY500 
index, and is on pace for second consecutive session of gains
    ** Reuters could not immediately determine the reason for
stock move
    ** More than 442,000 shares traded by 3:15 p.m. IST, 1.9x
the 30-day avg
    ** SLIN on track for fifth consecutive week of gains
    ** Average recommendation on stock is a "buy"; median PT is
7,056 rupees - LSEG data

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))