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ManufacturingMedium impactAfter close

Solar Industries shares drop 12% after ₹12,951 crore acquisition

after close1 source ↓written by the desknot a recommendation

following
12%
acquisition of South
₹12,951 crore
a target
₹26,550
suggesting a potential
19% upside

Solar Industries India Limited shares fell over 12% following its ₹12,951 crore acquisition of South Africa’s Omnia Holdings. Goldman Sachs maintains a Buy rating with a target of ₹26,550, suggesting a potential 19% upside. The brokerage anticipates synergies from Omnia’s mining business and global network, which could enhance growth prospects.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 15 Sept 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SOLARINDS closed −1.8% on the day of the news, from ₹19,250.00 to ₹18,900.00; Nifty +0.4% over the same session; futures OI +3.7%.

Bulletin at 16:06 IST on 15 Sept 2026. Every change is measured from ₹19,250.00, the last close before it, on 15 Sept. Nifty 50 is measured over the same sessions.

  • SOLARINDS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SOLARINDS closes around the bulletin against the close before the news, with Nifty 50 rebased to it155691925022931axis spans 47%before the news · 15 Sept19250Nifty 50SOLARINDSbulletinD0+1+3+58 Sept21 Sept30 SeptFutures open interest, lotspeak 25,000Reference close ₹19,250.00. 16 sessions from 8 Sept to 30 Sept; the price axis spans 47 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before15 Sept₹19,250.00basebase
On the day16 Sept₹18,900.00▼ −1.8%▲ +0.4%−2.3 pp difference
+1 session17 Sept₹18,815.00▼ −2.3%▲ +0.7%−2.9 pp difference
+3 sessions21 Sept₹19,265.00▲ +0.1%▲ +1.3%−1.2 pp difference
+5 sessions23 Sept₹19,730.00▲ +2.5%▲ +1.4%+1.1 pp difference
Gap at the open, % · ₹
▲ +0.8%+150.15 on 16 Sept
Day's range, % · ₹
5.1%≈ 980 high to low
Volume on the day
2.56×the 20-session average
Futures OI on the day
▲ +3.7%+860 lots · short build-up · price −1.8%
Futures OI open, lots
24,00016 Sept · 29 Sept expiry
Futures premium, ₹
+25.00+0.1% to spot
Puts per call, by OI
0.43from 0.45 the session before
Max pain
20,000from 20,250 the session before

Source NSE UDiFF bhavcopy · SOLARINDS on the desk →

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