Premier Explosives receives new order of Rs. 44.58 crores

Premier Explosives Ltd has signed a contract with Ministry of Defence (Army) at New Delhi on 11/05/2022, for supply of NFM - new family of Munitions for a total value of Rs. 44.58 Crores (including GST), to be delivered within twenty four months from the effective date of contract. The production of these items will be done from our facility at Katepally.

Shares of Premier Explosives Limited was last trading in BSE at Rs. 295.45 as compared to the previous close of Rs. 311.00. The total number of shares traded during the day was 737 in over 45 trades.

The stock hit an intraday high of Rs. 305.00 and intraday low of 295.45. The net turnover during the day was Rs. 218808.00.

Source : Equity Bulls

Keywords

PremierExplosives INE863B01011 OrderWin