Bengaluru, Oct. 22 -- Synopsis: A leading explosives and defence manufacturer is poised for a 29% upside, backed by strong order inflows, rising defence spending, and capacity expansion. Robust Q1FY26 financials, diversified exports, and government-backed initiatives further strengthen its growth outlook and long-term profitability potential.

India's explosives sector is booming, fueled by mining, construction, and increased defence orders. Market value crossed USD 9.1 billion in 2025, with a projected annual growth of around 6 percent. Solar Industries leads, holding a 24 percent market share, and strong exports plus government infrastructure drive further expansion.

With a market capitalization of Rs 3,400 crore, the shares of Premier...