BUZZ — Solar Industries India gains after unit enters $12.1 million agreement

* Shares of India's Solar Industries India rise as much as 1.9% to 20.241 rupees * Co says its unit Solar Explochem entered into share purchase agreement to acquire 100% of Sivasakthi Industrial Explosives for 1.15 billion rupees ($12.1 million) * Goldman Sachs ("buy"; PT 26,550 rupees) says acquisition would enable co to increase its capacity rapidly * Brokerage adds scope for further expansion is likely to complement Solar Industries' growth focus in the domestic market * Stock rated "buy" on average by 18 analysts; median PT is 22,505 rupees - LSEG-compiled data * Stock up 63.3% YTD ($1 = 95.0175 Indian rupees) (Reporting by Payel Das in Bengaluru) ((Payel.das@thomsonreuters.com)