Premier Explosives Ltd signs contract for order worth $13.13 mn

Premier Explosives Ltd has signed a contract with an overseas entity for supply of Rocket Motors (Items Sh-522 intended for R-22 aviation guided missiles with Igniter V-287) for a total value of USD 13.13 Million (about Rs. 100.40 crores approx). Ordered items are expected to be delivered within eighteen months.

Shares of Premier Explosives Limited was last trading in BSE at Rs. 400.10 as compared to the previous close of Rs. 395.85. The total number of shares traded during the day was 725 in over 21 trades.

The stock hit an intraday high of Rs. 408.95 and intraday low of 387.30. The net turnover during the day was Rs. 291223.00.

Source : Equity Bulls

Keywords

PremierExplosives INE863B01011 OrderWin OverseasEntity RocketMotors