This company got a big order of Rs 887 Crores, shares may rise…

A lot of ups and downs were seen in the market today. Initially the market opened with a decline, but after the second half the stock market saw a rise. Due to this, Sensex and Nifty managed to close with gains. Banking index played the biggest role in today's rise in the market. Nifty Bank index saw a rise of about 2%. Midcap and smallcap indices closed on the rise. Meanwhile, there is news that the company listed in the market has received orders worth about Rs 887 crore, after which it is estimated that a rise in the shares of this company is possible.

  • A company in the mid-cap chemicals sector has received a big order worth Rs 887 crore.
  • This company has given an excellent return of 837% to its investors in the last 5 years.
  • After giving information about this order to Bombay Stock Exchange, a rise of about 1.50 percent has been seen in the stock.
  • Experts hope that this stock may rise further after receiving this order.
  • We are talking about the shares of Solar Industries India.
  • The price of this share is around Rs 10,000 and it has seen a decline of 7.11 percent in the last one month.
  • According to the information, the company recently received two major orders, the total value of which is ₹ 1286 crore.
  • Today on November 5, 2024, the company informed BSE that it has received an order worth ₹887 crore from Singareni Collieries Company Limited. This order is for the supply of explosives and blasting systems to SMEs and LDCs, which will be delivered over the next two years.

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