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Solar Industries trades higher on bagging orders worth Rs 1853 crore
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Solar Industries India is currently trading at Rs. 5158.90, up by 6.80 points or 0.13% from its previous closing of Rs. 5152.10 on the BSE.
The scrip opened at Rs. 5359.95 and has touched a high and low of Rs. 5359.95 and Rs. 5150.60 respectively. So far 8577 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5359.95 on 09-Oct-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. 5359.95 and Rs. 4785.90 respectively. The current market cap of the company is Rs. 46802.36 crore.
The promoters holding in the company stood at 73.15%, while Institutions and Non-Institutions held 20.81% and 6.04% respectively.
Solar Industries has received biggest ever orders worth Rs 1853 crore from its prestigious customer Coal India. The company has received order for supply of Bulk Explosives, to be delivered over a period of two 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.
