Premier Explosives gains on receiving order worth Rs 17.68 crore
Premier Explosives is currently trading at Rs 474.95, up by 5.35 points or 1.14% from its previous closing of Rs 469.60 on the BSE.
The scrip opened at Rs 479.00 and has touched a high and low of Rs 485.00 and Rs 473.05 respectively. So far 12341 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52-week high of Rs 682.90 on 14-Oct-2025 and a 52-week low of Rs 308.95 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs 515.50 and Rs 457.00 respectively. The current market cap of the company is Rs 2553.66 crore.
The promoters holding in the company stood at 41.33%, while Institutions and Non-Institutions held 10.12% and 48.54% respectively.
Premier Explosives has received a purchase order from an international entity, for supply of Rocket Motors for a total value of $1,928,000 (i.e. around Rs 17.68 crore), to be delivered within a period of 12 months.
Earlier, the company had received an export order worth Rs 73.11 crore from International Client.
Premier Explosives is engaged in manufacture of high energy materials like bulk explosives, packaged explosives, detonators, detonating fuse, solid propellants, pyrogen igniters, pyro devices, etc., having applications in mining, infrastructure, defence, space, homeland security and such other areas.
