Solar Defence & Aerospace, a wholly owned subsidiary of Solar Industries India (NSE:SOLARINDS, BOM:532725), has bagged a contract worth 1.58 billion Indian rupees, according to a Monday filing to the Indian bourses.
The order is for the supply of defense products from the Ministry of Defence, Government of India, to be executed in one year.
The company's shares were up nearly 1% in recent trade.