Shares of Premier Explosives Ltd rose 10% to the touch a day’s excessive of Rs 467.75 on 4th August after the corporate introduced that it had bagged a defence order price Rs 190 crore.
In an change submitting, the corporate acknowledged that it had acquired an export order to fabricate and provide defence explosives to a world shopper. This order is to be accomplished inside two years.
Final week, it secured an export order price Rs 22.36 crore to produce rocket motors. These are to be delivered by thirty first March, 2026.
Earlier this month, it secured one other Rs 105 crore export order for defence explosives, to be delivered inside 12 months.
At 3:16 PM, the shares of Premier Explosives have been buying and selling 2.98% greater at Rs 439 on NSE.
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