Solar Industries Stock: Goldman Sachs has raised its target price on Solar Industries India to Rs 26,550 from Rs 20,180, while retaining its ‘Buy’ rating, as the proposed acquisition of Omnia could strengthen the company’s value chain in Africa, open up new geographies and add products through diversification into agriculture.

Goldman Sachs believes the proposed Omnia acquisition has strategic merit and could be earnings accretive, with potential accretion to Solar Industries’ FY28E EPS estimated at 11–25%.

The brokerage said the biggest positive is the company’s balanced growth focus, with the transaction…