Solar Industries is one of the largest domestic manufacturers of bulk and cartridge explosives, detonators, detonating cords and components which find applications in the mining, infrastructure and construction industries.
Company manufactures high-energy explosives, delivery systems, ammunition filling and pyros fuses for the defense sector.
Mkt Cap- 110000 Cr
ROCE 33%
ROE 31%
Highly expensive.
![](https://s2.save4k.ru/pic/qQij8uFnYYE/maxresdefault.jpg)