Solar Industries India Limited has informed the Exchange about Contract for supply of Defence Products with Ministry of Defense, Government of India.

Govt Defence OrderBusiness Updates View source PDF Explain this filing

SOLARINDS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹16968.00

prior close

₹17099.00

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.5%+1.1% vs market

Chemicals & Petrochemicals peers, median of 180sector · industry level-0.1%+0.7% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty 100 and 0.7 pts more than its Chemicals & Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.0

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6-0.5+1.1-0.1+0.7

Next day

+0.6-0.1+0.6+0.9-0.3

+0.2+0.7-0.5+1.8-1.6

+1.7+1.8-0.1+1.9-0.2

+3.1+2.2+0.8+2.1+0.9

+3.7+1.9+1.8+3.2+0.6

-0.1+1.6-1.7+2.6-2.7

15d

-10.5+0.3-10.8+2.0-12.4

-12.5+0.8-13.3+3.8-16.3

-13.7-0.2-13.5-1.5-12.2

-16.3+0.9-17.2-0.3-16.0

UpDownMarket · Nifty 100Sector · Chemicals & Petrochemicals peers, median of 180Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Solar Industries India's wholly-owned subsidiary, Solar Defence & Aerospace Limited (formerly Economic Explosives Limited), has signed a contract on 22nd June 2025 to supply defence products to the Ministry of Defence, Government of India. The contract is valued at INR 158 Crores and must be delivered within one year. It is a domestic order and is not a related-party transaction. The subsidiary has been renamed from Economic Explosives Limited to Solar Defence & Aerospace Limited, suggesting a strategic focus on the defence vertical.

Likely market impact

This is a positive order win that adds visibility to the defence business segment. For shareholders, this reinforces the company's positioning in India's defence manufacturing push under Make-in-India and may support steady revenue from the defence vertical over the next year, though the contract size needs to be assessed relative to overall revenue.