Solar Industries India Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 17814.32 Crore) operating in Chemicals sector.

Promoters held 69.49 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 12.08 per cent and 3.84 per cent, respectively.

The Rs 1,283-crore IPO received bids for 13,88,39,000 shares against 1,21,09,166 shares on offer, according to data available with the BSE.

The stock quoted a 52-week high price of Rs 1534.9 and a 52-week low of Rs 555.9.

The stock quoted a 52-week high of Rs 487.7 and a 52-week low of Rs 327.75.

A total of 321,583 shares changed hands on the counter till 10:15AM (IST).

ITC is very close to its 52-week high of Rs 239.15 hit in February, which also remains a big technical hurdle. The stock trades at 20.80 times its earnings, which is at a sharp discount to its FMCG peers.

The stock traded at a P/E multiple of 75.57, while the price-to-book value ratio stood at 12.7.

The Nifty Realty index was trading 0.31 per cent up at 424.8.

Promoters held 0.0 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 40.14 per cent and 31.48 per cent, respectively.