Solar Industries soars on bagging additional order worth Rs 1,746 crore [Chemicals]
AI Summary1 min read
TL;DR
Solar Industries' stock rises after securing an additional order worth Rs 1,746 crore. The company is a major domestic manufacturer of explosives and defense products for mining, infrastructure, and construction industries.
Tags
ChemicalsSolar Industriesorderexplosivesdefensestock
The company is one of the largest domestic manufacturer and supplier of bulk and cartridge explosives, detonators, detonating cords, and components. The company primarily sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads.