Alice Blue Home
URL copied to clipboard

Trending News

Defence stock in focus after receiving export orders worth ₹2150 Cr for supply of defence product

Prominent defence manufacturer secured a ₹2,150 crore export order for supplying defence products globally. The contract, spanning six years, reinforces its international footprint and expertise in advanced defence technology and manufacturing.
Defence stock surges after securing ₹2,150 Cr export order for advanced defence product supply.

Introduction:

Leading defence manufacturer has secured a ₹2,150 crore export order for supplying defence products to international clients. The contract, to be executed over six years, strengthens its global presence and highlights its expertise in advanced defence manufacturing and technology.

Alice Blue Image

Also Read: EV stock to watch after it sells 25,000 EVs in February 2025; Maintains 28% market share

Share price movement of Solar Industries India:

On February 28, 2025, Solar Industries India Ltd opened at ₹8,600.00, down 0.82% from its previous close of ₹8,721.65. The stock reached a high of ₹8,662.85 and a low of ₹8,479.30. By 2:56 PM, it traded at ₹8,650.00, with a market cap of ₹78,273.90 crore.

Solar Industries Secures ₹2,150 Crore Defence Export Order:

Solar Industries India Limited has announced a significant export order worth ₹2,150 crore for supplying defence products to international clients. The order, set for execution over six years, reinforces the company’s strong position in the global defence sector.

This contract marks a strategic milestone for Solar Industries, reflecting its growing capabilities in manufacturing and delivering advanced defence solutions. The company continues to expand its international footprint, catering to global defence needs with high-quality products and cutting-edge technology.

With this order, Solar Industries strengthens its order book and long-term revenue prospects. The company emphasized that this order does not involve any related party transactions and aligns with its commitment to expanding exports in the defence segment.

Recent news on Solar Industries India:

As of February 05, 2025, Solar Industries India Ltd. reported a 54.86% rise in net profit to ₹314.87 crore for Q3 FY25, while sales surged 38.06% to ₹1,973.08 crore compared to the same period last year.

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

Solar Industries India Ltd. saw a 1.43% decline over the past week, with a broader six-month drop of 18.7%. However, the company maintained strong long-term performance, delivering a 29.6% return over the past year.

Alice Blue Image

Also Read: Electrical equipment stock jumps 6% after receiving order worth ₹2,752 Cr in transmission and distribution sector

Shareholding pattern of Solar Industries India:

ParticularsDec 2024Sep 2024Jun 2024
Promoter73.20%73.20%73.20%
FII7.20%7.50%7.60%
DII12.80%12.70%12.70%
Public6.80%6.60%6.50%

About Solar Industries India:

Solar Industries India Ltd (NSE: SOLARINDS) is a leading manufacturer of bulk and cartridge explosives, detonators, and defence-related products. It supplies high-energy explosives, ammunition, and delivery systems for mining, infrastructure, construction, and defence sectors.

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.

Loading
Submit the form, and get to know how you scored!!!
Read More News
300%+ रिटर्न देने वाले इलेक्ट्रिक उपकरण स्टॉक्स ने मजबूत वृद्धि, उच्च रिवार्ड्स और विस्तार दिखाया।

Electric Equipment Stocks, जिन्होंने 300% से ज्यादा रिटर्न दिया है और निवेशकों के लिए खास नजर रखने लायक हैं।

300% से अधिक रिटर्न देने वाले इलेक्ट्रिक उपकरण स्टॉक्स ने जबरदस्त वृद्धि दिखाई है। बढ़ती मांग, तकनीकी नवाचार और विस्तार

*T&C apply