Shares of Solar Industries India will be in focus on Wednesday, December 31, after the company informed stock exchanges that it has received an additional order worth Rs 1,746 crore from Coal India for the supply of bulk explosives.
In an exchange filing under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, the company stated that the order has been awarded by Coal India on behalf of its subsidiaries and will be executed over a two-year period .
Total Coal India order book rises to Rs 2,229 crore
Solar Industries had earlier, on October 8, 2025, disclosed the receipt of an order worth Rs 483 crore from South Eastern Coalfields Limited (SECL), a subsidiary of Coal India. With the latest addition of Rs 1,746 crore, the total order value from Coal India now stands at Rs 2,229 crore, the company said in its filing .
Key details of the order
As per the disclosure, the contract involves the supply of bulk explosives to Coal India’s subsidiaries. The order is domestic in nature, does not fall under related-party transactions, and neither the promoter nor promoter group has any interest in the awarding entity .
The development strengthens Solar Industries’ order pipeline in the mining and explosives segment and is expected to support execution visibility over the next two years.
Stock reaction to be watched
Investor focus will remain on how the stock reacts to the sizable order inflow, particularly in the context of execution timelines and overall order book momentum.
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