Premier Explosives Ltd receives order for Rs. 57.90 crores

Premier Explosives Ltd have received an order from Ministry of Defence, Government of the Republic of India for procurement of 50 MM MTV Flares to be delivered within twelve months from the effective date of contract.

The size of the contract is Rs. 57.90 crores (including GST).

Shares of Premier Explosives Limited was last trading in BSE at Rs. 378.00 as compared to the previous close of Rs. 378.85. The total number of shares traded during the day was 579 in over 12 trades.

The stock hit an intraday high of Rs. 383.95 and intraday low of 370.10. The net turnover during the day was Rs. 216452.00.

Source : Equity Bulls

Keywords

PremierExplosives INE863B01011 OrderWin MinistryofDefence GovernmentofIndia