Economy · India
Solar Industries shares dip after Omnia acquisition announcement
Solar Industries' shares experienced a decline of 4% following the announcement of its acquisition of Omnia. Analysts from Goldman Sachs have raised their target price for Solar Industries, anticipating that the $1.35 billion deal will boost earnings by 25%. Conversely, Morgan Stanley and Antique have set their targets for the company's shares.
How outlets across the spectrum covered it
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- Centre (2): Business Today, The Financial Express