There is always a good entry point depends on individual risk appetite and investment strategy .
Following Makes it lucrative : 1) Solar industries announced that it has successfully demonstrated its prototypes of Weaponized Drones (Hexacopter) and Loitering Munitions and become the first Indian firm to do so.
2) Solar Industries is a world leader in packaged explosives and accessories.
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It is developing an array of drones for ammunition delivery to bring a new capability to Indian armed forces.
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It has one of the largest production facilities for HMX & its compositions in the world. So far India was dependent on imports of these products but , these items are now being exported to many countries including the USA, Europe & Israel.
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Compounded Sales Growth
10 Years: 21%
5 Years: 29%
3 Years: 46%
TTM: 75% -
Compounded Profit Growth
10 Years: 20%
5 Years: 28%
3 Years: 41%
TTM: 71% -
Return on Equity
10 Years: 24%
5 Years: 25%
3 Years: 27%
Last Year: 33% -
Valuation is on the bit higher side. But you will have to pay for the business in this sector who has strong Moat.
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The stock has multiplied by almost 75 times. Way more to go .
Disc : Invested and Biased