Nagpur, December 31, 2025 (Wednesday) – Solar Industries India Limited (NSE: SOLARINDS) was trading higher in Wednesday’s session after the company announced the receipt of a significant additional order from Coal India Limited, strengthening its already robust order pipeline.The stock was trading at ₹12,259, up ₹231 or 1.92%, during intraday trade, after touching a high of ₹12,366. The move came amid active buying interest following the company’s latest order update.
Order Details: Coal India Expansion Adds ₹1,746 Crore
Solar Industries India Limited has received an additional order aggregating to ₹1,746 crore from Coal India Limited, awarded for and on behalf of its subsidiaries. The order is for the supply of bulk explosives, with execution scheduled over a two-year period.This fresh order builds on an earlier contract of ₹483 crore received from South Eastern Coalfields Limited, a subsidiary of Coal India Limited, which was communicated in October 2025. With the latest addition, the total order value from Coal India Limited now stands at ₹2,229 crore.
Cumulative Order Position From Coal India
| Particulars | Order Value (₹ crore) |
|---|---|
| Earlier order (SECL) | 483 |
| Additional order received | 1,746 |
| Total order value | 2,229 |
Intraday Market Snapshot
| Particulars | Value |
|---|---|
| Previous Close | ₹12,028 |
| Open | ₹12,194 |
| Intraday High | ₹12,366 |
| Intraday Low | ₹12,129 |
| VWAP | ₹12,264.53 |
Business Context
Solar Industries India Limited is a leading manufacturer of industrial explosives and blasting solutions, catering primarily to mining and infrastructure sectors. Orders from Coal India and its subsidiaries remain a key revenue driver, given the scale and continuity of supply involved.The newly announced order further enhances revenue visibility over the next two years, supported by long-term demand from India’s coal and mining ecosystem.
About the Company
Solar Industries India Limited is listed on the NSE and BSE and operates across industrial explosives, defense products, and explosive initiating systems. The company supplies to mining, infrastructure, and defense customers in India and overseas, with a strong presence in bulk explosives for large-scale mining operations.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.