This defence stock turned Rs 1 lakh into Rs 2.22 crore.

Solar Industries India Limited has shown outstanding growth over 16 years, turning a small investment into a fortune. In 2008, its stock traded at ₹39.40 per share. By January 2025, the price soared to ₹8,774. An investment of ₹1 lakh in 2008 would now be worth ₹2.22 crore.

This massive rise highlights the benefits of long-term investing in strong companies. Solar Industries grew due to its solid business model, smart expansions, and focus on innovation in industrial explosives. The company’s ability to adapt and stay competitive helped boost its stock value.

Investors looking for high returns should focus on patience and research. Choosing companies with strong fundamentals and growth potential is key. However, past success does not guarantee future results. It’s wise to diversify investments and align them with personal financial goals and risk levels.

Solar Industries’ journey from ₹39.40 to ₹8,774 proves that disciplined, long-term investing in quality stocks can build wealth.