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Solar Industries: Stock jumps after receiving ₹483 Cr order from South Eastern Coalfield

Solar Industries India Limited received a ₹483 crore order from South Eastern Coalfields Limited to supply bulk explosives over two years, strengthening its domestic mining sector presence.

Introduction

Leading explosives manufacturing company received an order worth ₹483 crore from South Eastern Coalfields Limited for supplying bulk explosives over two years, marking a significant domestic contract in the mining sector.

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Share price movement of Solar Industries India

On October 9, 2025, Solar Industries India Ltd opened at ₹14,100.00, up 0.79% from its previous close of ₹13,989.10. The stock reached a high of ₹14,238.15 and a low of ₹13,966.10. By 3:18 PM, it traded at ₹14,210.00, a 1.58% increase, with a market capitalization of ₹1,28,586.37 crore.

Solar Industries bags ₹483 crore SECL order

Solar Industries India Limited has received an order worth ₹483 crore from South Eastern Coalfields Limited, a subsidiary of Coal India Limited. The order is for the supply of bulk explosives.

The contract will be executed over two years. It is a domestic order, and there is no promoter or related party interest involved.

Stock performance of Solar Industries India for Period of 1 week, 6 months, and 1 year

Solar Industries India Ltd delivered a 4.73% return over the past week, gained 23.8% in the past six months, and recorded a 24.6% return over the past year.

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Shareholding pattern of Solar Industries India

ParticularsJun 2025Mar 2025Dec 2024
Promoter73.20%73.20%73.20%
FII6.80%5.80%7.20%
DII14%14.10%13%
Public6.50%6.90%6.80%

About Solar Industries India

Solar Industries India Ltd (NSE: SOLARINDS) is a leading manufacturer of explosives, detonators, and ammunition used in mining, infrastructure, construction, and defence sectors across domestic and international markets.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Solar Industries India Ltd share price going up today?

A: Solar Industries India Ltd share price is rising after receiving a ₹483 crore order from South Eastern Coalfields Limited for bulk explosives supply.

Q: What does Solar Industries India Ltd specialize in?

A: Solar Industries India Ltd specializes in manufacturing explosives, detonators, and ammunition for mining, infrastructure, construction, and defence industries.

Q: What is the market capitalization of Solar Industries India Ltd?

A: The market capitalization of Solar Industries India Ltd is approximately ₹1,28,586.37 crore as of October 9, 2025.

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