Solar Industries Share Price Rises 2% After ₹1,746-Crore Coal India Order

Market Performance

Shares of Solar Industries India ended Wednesday, December 31, with a 2% gain at ₹12,241 per share, reversing a five-day losing streak. Investor sentiment received a boost after the company announced a significant order win from Coal India Limited, marking a positive turn in the stock’s performance amid recent volatility.

Despite recent pressure, the stock continues to show resilience. Earlier in 2025, Solar Industries hit an all-time high of ₹17,805, before undergoing a correction of 31.2%. The first half of the year had already delivered strong gains, helping the stock achieve a 25.23% rise in 2025 overall.

Main News: Coal India Order Boosts Investor Confidence

Solar Industries reported a fresh order worth ₹1,746 crore from Coal India Limited, through its subsidiaries, for the supply of bulk explosives over a two-year period. This order adds to the ₹483-crore order already received from Southeastern Coalfields Limited (SECL) in October 2025.

• Total Coal India orders now: ₹2,229 crore
• Order execution period: 2 years

This milestone reflects the company's strong operational capabilities and consistent trust from one of India’s largest state-owned enterprises.

Company Details: Solar Industries India

Founded as a key player in industrial explosives and accessories, Solar Industries caters to sectors like:

• Mining
• Infrastructure
• Defence

The company also has a growing international presence, exporting products to multiple countries. Last month, it secured export orders worth ₹1,400 crore for defence products, to be executed over four years, marking a significant long-term commitment in the segment.

Over the years, Solar Industries’ stock has delivered remarkable returns:

• 2021: 122% gain
• 2022: 83% gain
• 2023: 53% gain
• 2024: 43% gain

Even after short-term corrections, the company has consistently showcased growth and resilience.

Financial Snapshot

• Share price (Dec 31, 2025): ₹12,241
• Coal India orders: ₹2,229 crore
• Defence export orders: ₹1,400 crore (over four years)

This combination of domestic and international orders highlights the company’s diversified revenue streams and long-term growth potential.

Summary

Solar Industries share price rebounded 2% on Wednesday following a major Coal India order. With a strong track record in industrial explosives and a growing footprint in defence exports, the company demonstrates a robust mix of domestic and international demand.

Despite short-term market corrections, the stock continues to showcase impressive long-term growth, supported by substantial orders and a well-diversified business portfolio. Investors and market watchers will be closely tracking how Solar Industries executes its ongoing projects in 2026.

Source: Livemint