Solar Industries Q2 earnings: Net profit rises 80%, revenue crosses Rs 3,500-crore mark
Solar Industries India moved higher in a quarterly results development.
· Business Today Mkts
Solar Industries stock gained 7.48% to Rs 20,860 today against the previous close of Rs 19,408. Market cap of the firm rose to Rs 1.84 lakh crore.
The analysis
Solar Industries India reported Rs 3,500, Rs 20,860 and Rs 19,408, with movement of 80% and 7.48% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +1.1% on the day at ₹19,654.00, and has returned +5.3% over three months. It sits 12% below its 52-week high. The defence & aerospace sector has moved -0.9% over the same period, so Solar Industries India is running 6.2 points ahead of its peers.
For Solar Industries India, the question is how much of this is already reflected in the price and how much re-rates the defence & aerospace peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- The shift to renewables is redrawing which energy names are structural winners versus stranded.
Market context
- In focus: Solar Industries India (SOLARINDS), in Defence & Aerospace.
- Over three months: Solar Industries India +5.3% against Defence & Aerospace -0.9% (6.2 points ahead).
- Trading well above normal today: Solar Industries India at 3.8 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Solar Industries IndiaSOLARINDS · Defence & Aerospace | ₹19,654.00 | +1.1% | +1.3% | +5.3% | -12.5% | 3.8× | — |
Defence & Aerospace
1M -2.5% · 3M -0.9%
Solar Industries India
Prices as of 3 Nov 2026, 15:45 IST. Sector moves are the average of the stocks we track in each sector.
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