Premier Explosives is currently trading at Rs. 250.10, up by 10.60 points or 4.43% from its previous closing of Rs. 239.50 on the BSE.
The scrip opened at Rs. 250.10 and has touched a high and low of Rs. 252.90 and Rs. 246.50 respectively. So far 13,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 329.70 on 08-Jan-2015 and a 52 week low of Rs. 102.10 on 19-May-2014.
Last one week high and low of the scrip stood at Rs. 252.90 and Rs. 226.20 respectively. The current market cap of the company is Rs. 221.00 crore.
The promoters holding in the company stood at 47.39% while Institutions and Non-Institutions held 1.15% and 51.46% respectively.
Premier Explosives has received on May 18, 2015, Industrial Licenses from the Department of Industrial Policy and Promotion (DIPP), for Ammunition of 40mm and above caliber; Rockets and Missiles; Mines related to Defence & Bombs; Cartridge Explosives at Katepally, Yadagirigutta Mandal, Nalgonda district in the state of Telangana.
Premier Explosives is one of the major companies manufacturing the entire range of explosives and accessories for the civil requirement. The company is the first manufacturer in India to deploy totally indigenous technology.
