Indian equity markets recovered early losses on Tuesday as the global selloff weighed on the performance of the benchmark indices.
As of 2:00 PM, the Nifty was down 42.05 points, or 0.16 per cent at 25,971.40, while the Sensex was down 91.56 points, or 0.11 per cent at 84,859.39.
Meanwhile, Solar Industries India Limited informed exchanges about a new export mandate. Details are as follows:
Solar Industries India Limited, along with its subsidiary, announced the receipt of a major new export mandate, as disclosed in an intimation filed with the stock exchanges today. The company revealed that it has secured an international contract valued at ₹1,400 crores.
The company stated that the contract has been awarded by international clients and is focused entirely on the supply of defence products. The order also highlights the trust placed in the company’s technological expertise and manufacturing standards by international entities.
In terms of execution, the company confirmed that deliveries under this contract will take place over a period of four years. This extended timeline ensures sustained visibility for future revenues and strengthens the company’s long-term export pipeline. Solar Industries also clarified that this mandate is classified as an international order, adding further weight to its overseas business portfolio.
As of September 2025, the company’s order book stands at over ₹17,100 crore, comprising more than ₹1,600 crore from Coal India Ltd. (CIL) and Singareni Collieries Company Ltd. (SCCL), along with defence orders exceeding ₹15,500 crore.
On Tuesday, Solar Industries share price was trading in negative territory. As of 02:34 pm, the stock price was trading at ₹13,860 per share, down by 0.36%. On a year-to-date basis, the stock price has given 42% returns.
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