Solar Industries shares plunge 17% in 2 days. Why Jefferies, Nuvama still see up to 46% upside

Solar Industries shares fell another 4% on Wednesday to Rs 18,480 apiece on the NSE, extending their decline to more than 17% over two sessions as investors continued to digest the defence major’s Rs 12,951 crore acquisition of South Africa’s Omnia Holdings.The stock had plunged nearly 14% on Tuesda