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News 2026-10-16 07:32 UTC

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