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Premier Explosives zooms on signing MoU with Israel Aerospace Industries

06 Jan 2016 Evaluate

Premier Explosives is currently trading at Rs. 463.00, up by 49.70 points or 12.03% from its previous closing of Rs. 413.30 on the BSE.

The scrip opened at Rs. 410.00 and has touched a high and low of Rs. 482.00 and Rs. 410.00 respectively. So far 96855 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 503.00 on 16-Jul-2015 and a 52 week low of Rs. 221.40 on 17-Mar-2015.

Last one week high and low of the scrip stood at Rs. 482.00 and Rs. 395.10 respectively. The current market cap of the company is Rs. 368.52 crore.

The promoters holding in the company stood at 47.45% while Institutions and Non-Institutions held 3.34% and 49.22% respectively.

Premier Explosives has signed a Memorandum of Understanding (MoU) with Israel Aerospace Industries for exploring potential business opportunities.

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.

Peers
Company Name CMP
Godrej Industries 1063.00
SRF 2448.00
BASF India 3489.45
Pidilite Inds. 1487.40
Tata Chemicals 624.65
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