Finance2h ago
Solar Industries’ defence share may fall to 22-25% by FY30 after Omnia deal: Jefferies
Solar Industries’ Omnia acquisition could reduce the defence segment’s revenue contribution to 22-25% by FY30, Jefferies said, while agriculture and explosives gain a larger share. The brokerage expects near-term EPS dilution and higher leverage but retained its Buy rating, citing potential earnings growth of over 30% and ROE above 25%.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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