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Solar Industries India Denies Speculative South Africa Acquisition Talks

Solar Industries India logoSolar Industries India
Sig3.45Sen+4.10Env0.00Soc0.00Gov+0.75

Solar Industries India denies media reports of major South Africa acquisition talks as speculative and lacking details, after a spike in trading that pushed shares to a 52-week high. In Q1 FY27, revenue from operations rose 70.3% to ₹3,668 crore and consolidated net profit jumped 92.6% to ₹653 crore, supported by a ₹21,350 crore order book and FY27 revenue guidance of ₹14,000 crore.

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