ICICI Securities has maintained its BUY rating on Solar Industries, holding a target of Rs 23,500 against a current price of Rs 19,250 — an upside of about 22 percent.

Solar Industries India Limited is entering a decisive growth phase as defence manufacturing transitions from development to commercial execution.

ICICI Securities has reaffirmed its BUY recommendation for Solar Industries Ltd. (SOIL) with a target price of Rs 13,250, reflecting a 25% upside from its current market price of Rs 10,558.