Solar Industries Bags ₹402 Cr Explosives Order from Coal India — Blasting Targets or Just Blasting News?
🧨 At a glance:
Solar Industries India Ltd (NSE: SOLARINDS) just announced it received a ₹402 crore order from Coal India Ltd for supplying cartridge explosives and accessories.
So yes, India’s biggest coal miner is officially saying:
“Please supply us bombs. But legally.” 💣
The order will be fulfilled over 2 years, and while the news should be explosive, the stock barely budged — closing at ₹16,045, down 1.26%.
💼 Order Details in 60 Seconds
Parameter
Detail
📦 Buyer
Coal India Ltd
🧨 Supplier
Solar Industries India Ltd
🧾 Nature
Supply of cartridge explosives & accessories
💰 Order Value
₹402 crore
📍 Location
Domestic (India)
⏳ Duration
2 years
🤝 Related Party?
Nope
🚩 Promoter Link?
None
📅 Date of Disclosure
31 May 2025
So this isn’t some sketchy contract with a cousin’s cousin running a
