Shares of Solar Industries India Ltd have slipped 21% from their record high in over three months. The defence sector stock, which hit a record high of Rs 17,805 on June 30, 2025 this year was trading at Rs 14,000 in the current session. The defence stock has clocked multibagger returns of 162% and 1220% in two and five years, respectively. Advertisement
Meanwhile, the stock was trading on a flat note at Rs 14,000 on Monday against the previous close of Rs 14,111 on BSE.
Market cap of the explosives firm stood at Rs 1.26 lakh crore. Total 4151 shares of the firm changed hands amounting to a turnover of Rs 5.81 crore on BSE. The stock had a beta of 0.9 in the last one year, indicating low volatility during the period.
In terms of technicals, the relative strength index (RSI) of Solar I