Solar Industries India Limited (SOLARINDS.NS)

Solar Industries India Limited, together with its subsidiaries, manufactures and sells industrial explosives, explosive initiating devices, and high energy materials for mining and defense applications in India and internationally. The company offers industrial explosives comprising bulk, packaged, non-permitted, permitted, and seismic explosives; initiating systems; electronic, non-electric, and plain detonators; cord relays; cast boosters; detonating cords; and aluminum elemented det products. It also provides defense products consisting of high energy materials, such as HMX, RDX, TNT, and their compounds; composite, single base, double base, and triple base propellants; complete integration of rockets; ammunitions, including multi-mode hand grenades, mines, bombs, warheads, and bund blasting devices; drones and UAVs; pyros and ignitors; propellants for space applications; missiles; and unmanned systems and advanced defense technologies. The company serves the Coal India Limited (CIL), non-CIL and institutional, housing and infrastructure, and defense industries. It exports its products to approximately 90 countries. The company was formerly known as Solar Explosives Limited and changed its name to Solar Industries India Limited in February 2009. Solar Industries India Limited was incorporated in 1995 and is based in Nagpur, India.