Solar Industries India's Stock Sees Slight Dip, But Rated as 'Buy' by MarketsMOJO

Sep 30 2024 10:05 AM IST
share
Share Via
Solar Industries India, a leading chemicals company, saw a -3.33% decline in its stock performance on September 30, 2024. However, the stock has been on an upward trend for the past four days and is currently rated as a 'Buy' by MarketsMojo. The company's stock is trading higher than its moving averages and has outperformed the Sensex in the past month.

Solar Industries India, a leading player in the chemicals industry, has recently faced a slight dip in its stock performance. On September 30, 2024, the company's stock saw a decline of -3.33%, underperforming the sector by -3.57%. However, this should not be a cause for concern as the stock has been on an upward trend for the past four days.

According to MarketsMOJO, a leading stock analysis platform, Solar Industries India's stock is currently rated as a 'Buy'. This is a positive sign for investors, indicating that the company's stock has potential for growth.

On the day of the decline, Solar Industries India's stock touched an intraday low of Rs 11600, which is a -3.33% decrease from the previous day's closing price. However, the stock is still trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, which is a good sign for the company's overall performance.

In comparison to the Sensex, Solar Industries India's stock has underperformed with a -3.33% decrease, while the Sensex saw a -0.76% decrease on the same day. However, looking at the past month's performance, Solar Industries India's stock has outperformed the Sensex with a 8.32% increase, while the Sensex saw a 3.11% increase.

Overall, Solar Industries India remains a strong player in the chemicals industry with a largecap size. With a 'Buy' rating from MarketsMOJO and a positive trend in its moving averages, the company's stock has potential for growth in the near future.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Why is Odigma Consultan falling/rising?
4 hours ago
share
Share Via
Why is Premium Plast falling/rising?
4 hours ago
share
Share Via
Why is Afcons Infrastr. falling/rising?
4 hours ago
share
Share Via
Why is Bikewo Green falling/rising?
4 hours ago
share
Share Via
Why is Quest Laborato. falling/rising?
4 hours ago
share
Share Via
Why is Kataria Indust. falling/rising?
4 hours ago
share
Share Via
Why is Vishwas Agri falling/rising?
4 hours ago
share
Share Via