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Solar Industries India Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 25331.33 Crore) operating in Chemicals sector.

Dynamic Cables manufactures power infra cables that include LT, HT, EHVC, power control and instrumentation cables, flexible & industrial cables, solar cables, and railway signalling cables.

On Monday and Tuesday, the shares of the company took a strong hit after the one-year mandatory lock-in period for promoters, shareholders, and others ended. The lock-in period refers to that period for which investments cannot be sold or redeemed.

The stock has outperformed the benchmark index by a wide margin, especially in the short term and experts are of the view that the momentum is likely to continue in the near future.

Total revenue from operations increased to Rs 14,638.78 crore for the quarter ended June 2022 as against Rs 10,310.21 crore in June 2021, up by 42 per cent year-on-year (YoY).

A total of 16,028 shares changed hands on the counter till 12:48PM (IST).

As per rule-of-thumb, recession is defined as two consecutive quarters with negative GDP readings. However looking at it the other way, a recession is a broad-based contraction that affects many sectors of the economy. The US economy as yet does not reflect that.

The stock quoted a 52-week high price of Rs 1503.7 and a 52-week low of Rs 1037.8.

Marks said unconventional behavior is the only road to superior investment results, but it is not for everyone. In addition to superior skill, successful investing requires the ability to look wrong for a while and survive some mistakes.

A total of 1,587 shares changed hands on the counter till 10:51AM (IST).