Premier Explosives Ltd receives orders from DRDO

Premier Explosives Ltd have received the following orders from Defence Research and Development Organisation (DRDO):

- A prestigious order for supply of Primary Explosives Plant on turnkey basis to HEMRL of DRDO for a total value of Rs. 4.50 Crores and

- Fabrication and supply of R-ill rocket motors (Propulsion system) to DRDL of DRDO for a total value of Rs. 13.20 Crores.

Shares of Premier Explosives Limited was last trading in BSE at Rs. 330.40 as compared to the previous close of Rs. 318.70. The total number of shares traded during the day was 24738 in over 703 trades.

The stock hit an intraday high of Rs. 334.60 and intraday low of 318.00. The net turnover during the day was Rs. 8203489.00.

Source : Equity Bulls

Keywords

PremierExplosives INE863B01011 OrderWin DRDO