Solar Industries said its Pinaka guided missiles order worth about 2,600 crore rupees is in final negotiation and expected to close this financial year, while Bhargava Astra anti-drone trials are in final stages with…
Solar Industries said its Pinaka guided missiles order worth about 2,600 crore rupees is in final negotiation and expected to close this financial year.
By ScoutQuest · · 1 min read
- Pinaka order share
- 2,600 crore rupees
- Pinaka bidder share
- 60 percent
- Bhargava Astra potential order size
- 6,000 crore rupees
Heard on business television between 09:33:00 - 09:36:00 IST.
- Pinaka guided missile order negotiations are in the final advanced stage, expected to close before the end of this financial year, with Solar Industries' share estimated at around 2,600 crore rupees as the L1 bidder with a 60% share.
- Bhargava Astra trials are ongoing and expected to be completed before the end of this financial year, with orders expected to flow in next year; potential order size cited at 6,000 crore rupees.
- The 155mm artillery ammunition program has started supplying intermediary products, with final product completion expected before year-end; order timing and size remain unclear.
- The company said it has supplied Nagashtra 1 and recently Nagashtra 2 UAVs, and is working on the Bhargava counter-drone system as part of its UAV family.
- CFO declined to quantify aggregate order inflow expectations, saying numbers will be shared once orders are confirmed.
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