Solar Industries' Stock Transforms ₹1 Lakh into ₹2.2 Crore in 16 Years. The share price has surged from ₹39 to ₹8774; learn the details.
Multibagger Stock: Before investing in the stock market, people often wonder if any stock can deliver returns in crores over the long term. Solar Industries' stock serves as a prime example, delivering phenomenal profits to its investors. This stock, once trading at ₹39, has now reached ₹8744.
Opportunity to Become a Crorepati in 16 Years
Had an investor invested ₹1 lakh in Solar Industries' shares 16 years ago and held them, their value today would be ₹2.2 crore. This exemplifies the power of long-term investment, where patience and the right selection can yield spectacular returns.
Current Price of Solar Industries
On last Friday, Solar Industries' share price stood at ₹8710, showing a slight dip of 0.15%.
52-Week High: ₹13,298
52-Week Low: ₹6,701
Solar Industries' Historical Journey
During the global economic crisis (subprime loan crisis) of 2009, the stock market experienced a significant downturn. On March 27, 2009, Solar Industries' share price plummeted to ₹39.40. However, over time, this stock has made a remarkable recovery and is now trading at ₹8774.
4800% Multibagger Return in 10 Years
Solar Industries' stock has delivered a 4800% return in the last 10 years. In 2014, it was at ₹180, and now it has surpassed ₹8774.
Last 5 Years Performance
In 5 years: 650% return
In 1 year: 25% return
Recent Decline and Market Impact
Recent months have witnessed a correction in the stock market, causing Solar Industries' share to correct by up to 20%. So far in 2025, the stock has registered a 10% decline.
Solar Industries' Business Model
This company is associated with the defense sector and manufactures the following products:
High-energy explosives
Ammunition and pyrotechnic fuses
Detonators and detonating cord
