Solar Industries spurts on receiving export order worth Rs 455 crore
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Solar Industries is currently trading at Rs. 7951.90, up by 225.45 points or 2.92% from its previous closing of Rs. 7726.45 on the BSE.
The scrip opened at Rs. 7848.65 and has touched a high and low of Rs. 8010.00 and Rs. 7783.15 respectively. So far 4097 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 8499.00 on 20-Nov-2023 and a 52 week low of Rs. 3456.95 on 11-Jul-2023.
Last one week high and low of the scrip stood at Rs. 8089.00 and Rs. 6976.35 respectively. The current market cap of the company is Rs. 72165.82 crore.
The promoters holding in the company stood at 73.15%, while Institutions and Non-Institutions held 20.96% and 5.89% respectively.
Solar Industries India has received export order from international client worth Rs 455 crore for supply of products for use in defence products. Time period associated with said order is 2 years.
Solar Industries is one of the largest manufacturers and suppliers of Explosives and Explosive Accessories in India covering the entire range of products such as Bulk and Cartridge Explosives, Detonators, Detonating Cords, Pentaerythritol Tetranitrate (PETN), and Cast Boosters.
