Solar Industries share price hits all-time high, nse bse, latest news: Even as Budget 2024 is around and the government’s focus is on the defence sector, Solar Industries, which manufacturers explosives for the India defence forces, extended gains on BSE on Thursday (July 11, 2024) and hit an all-time high.

The stock that also hit an all-time high a day ago and closed the session at Rs 12,346.35 rose by 6.91 per cent to hit all-time high of Rs 13,199.00. 

Solar Industries shares that started the session on Thursday at Rs 12,570.05 each were trading higher by 4.34 per cent, or Rs 535.85, at Rs 12,882.20 apiece.

Solar Industries shares are in limelight as the budget date of July 23 is approaching.

With the central government’s special focus on the Make in India project and the defence sector, the company’s stock has been rising fast for some months.

The company’s market capitalisation has also crossed the Rs 1 lakh crore mark and is at Rs 1,16,579.24 as of writing.

Solar Industries share price history

The stock of the firm has soared by 35.05 per cent in the one-month period, 75.37 per cent in the six months, and 263.75 per cent in the one year period.

Benchmark Nifty 50, meanwhile, has jumped by 4.61 per cent in the one month, 12.43 per cent in the six months, and 25.20 per cent in the one year.