GENERAL22 Sept 2026
Defence multibagger stock: 48% return in 6 months! Motilal Oswal sees 55% upside | Check share price target; do you own? | Stock Market News
Motilal Oswal has started coverage on Solar Industries with a Buy rating and a base-case target of ₹23,000 per share. The defence and explosives maker, which supplies Pinaka and Akash rocket systems, rose nearly 2%. The stock is up 52.67% in six months. If you hold it, treat the bull-case ₹28,800 and bear-case ₹17,400 targets as ranges, not promises.
Key Statutory Highlights
- Motilal Oswal gave Solar Industries a Buy rating with a base-case target of ₹23,000 per share.
- The stock was trading about 2.65% higher at ₹19,773 on BSE on Tuesday.
- Solar Industries makes industrial explosives and defence equipment such as Pinaka and Akash rocket systems.
Actionable Advice for Taxpayers / Founders:If you already hold this stock, check whether it still fits your own goals and risk level before acting on any brokerage target, and speak to a qualified adviser about your position.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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