Buy Solar Industries India; target of Rs 23,124: Prabhudas Lilladher

Prabhudas Lilladher's research report on Solar Industries IndiaWe initiate coverage on Solar Industries India Ltd (SOIL) with ‘BUY’ rating at TP of INR23,124, valuing the stock at PE of 62x Sep’28E (implied EV/EBITDA of 34x Sep’28E). We believe SOIL is well placed to deliver multi-year growth, supp…