Solar Industries shares fall sharply after company cuts growth guidance for FY25

Solar Industries shares saw a 4% dip following the company’s announcement of a reduced sales volume forecast for FY25. As of 12:07 PM, the shares were trading 12:07 PM at Rs 9,200.00.

During a recent conference call, the company revised its earlier projection of a 15% growth to a more modest 8-10% increase in sales volume.

Advertisement

Solar Industries shares opened at ₹9,800, reaching a high of ₹9,896 and a low of ₹9,150 during the trading session. The stock has experienced a 52-week high of ₹13,298 and a low of ₹6,551, reflecting notable volatility.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.