Solar Group in the news

Solar Group's market capitalization surged to Rs1.84 lakh crore, driven by strong quarterly profits, significant growth in its defence sector, and successful international and domestic operations.

A-1 Limited secured a 38.7 crore rupee order from Solar Group for chemical supplies, following strong financial performance in the June quarter.

Solar's Q2 2026 showed growth across key markets and segments, completing major investments, and reconfirming its full-year EBITDA guidance, while managing geopolitical risks.

Solar A/S reported increased Q2 2026 revenue to DKK 3.4 billion, but its profits faced pressure from weaker gross margins, integration costs, and a soft market.

A1 Acid won a Rs 38.7 crore contract from Solar Group for chemical supply, representing a significant portion of its quarterly revenue.

Solar panels can withstand strong winds when installation and design quality, including adherence to technical standards and proper sizing, are ensured.

Solar Industries India Ltd manufactured the rocket propellants and supplied key components for Vikram-1, India's first privately developed orbital rocket.

Solar Group is expanding its industrial explosives and blasting solutions business in Africa through strategic investments, acquisitions, and new manufacturing and storage facilities to enhance regional capabilities and supply chain resilience.

Ennogie Solar Group A/S held its annual general meeting where shareholders approved the 2025 financial report and authorized significant capital increase mandates.

UBS Group AG reduced its ownership in the European sourcing company Solar A/S to 4.69%.

Ennogie reached EBITDA break-even in 2025 through revenue growth and operational cost reductions while expanding its solar product portfolio.

Ennogie Solar Group reported reaching EBITDA break-even in 2025 and forecasts a profitable 2026 with revenues up to DKK 65 million driven by solar roofs and new battery systems.

UBS Group AG has acquired a 5.09% ownership stake in Solar A/S.

Tind Asset Management AS has increased its ownership in Solar A/S to 5.04% of B shares after a recent purchase.

Solar A/S navigates a transition year in 2026 by integrating Norwegian acquisitions and automating logistics despite ongoing market pressure.

Lemvigh-Müller appoints Ulrik Damgaard, formerly of Solar Group, as its new Segment Director for HVAC, aiming to strengthen its market position and growth in the HVAC sector.

Solar addresses labor shortages by hiring for potential and investing in internal training and structured onboarding to develop specialized talent.