Solar Industries gains on bagging orders worth Rs 443 crore

The stock was up 5% at Rs 3,250 on the BSE.

Solar Industries India has surged 5% to Rs 3,250 on the BSE after the company bagged an order worth of Rs 443 crore from Singareni Collieries Company Limited (SCCL).

The company has bagged an order from Singareni Collieries Company Limited (SCCL) for the supply of 163911.20 MT explosives worth Rs 443.44 crore for the financial year 2016-17 and 2017-18, Solar Industries said in a statement.

At 11:46 AM, the stock was up 5% at Rs 3,242 on the BSE. A combined 11,865 shares changed hands on the counter on the BSE and NSE.