196% Rise in 1 Year: Why stock of large-cap firm that manufactures explosives for Indian defence forces is hitting all-time high
Solar Industries grabbed attention recently when Economic Explosives Ltd, its Nagpur-based subsidiary, developed three new explosive formulations. Solar Industries official said: "The three new explosive formulations can prove to be a game changer for our armed forces due to the sheer enhancement of Firepower & Explosive Effect."
![196% Rise in 1 Year: Why stock of large-cap firm that manufactures explosives for Indian defence forces is hitting all-time high](https://cdn.zeebiz.com/sites/default/files/2024/07/02/302628-solar-industries-take.jpg?im=FitAndFill=(1200,900))
The stock that opened the trading session at Rs 10,200.05 on Tuesday was trading higher by 8.90 per cent, or Rs 898.60, at Rs 10,997.55. Photo: File/Representational