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News 2026-09-21 07:58 UTC

Solar Industries India rises on Motilal Oswal 'buy' initiation

Solar Industries India shares gained 4.1% to 19,320 rupees after Motilal Oswal initiated coverage with a 'buy' rating and a target price of 23,000 rupees, indicating a potential 24% upside. The brokerage highlighted the company's diversification into drones and UAVs, with the defence segment expected to remain a key gr