Premier Explosives shines on bagging order worth Rs 144.92 crore

01 Nov 2017

Premier Explosives is currently trading at Rs. 447.65, up by 19.95 points or 4.66%, from its previous closing of Rs. 427.70 on the BSE.

The scrip opened at Rs. 434.95 and has touched a high and low of Rs. 456.45 and Rs. 432.00 respectively. So far 23277 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 539.35 on 16-Jun-2017 and a 52 week low of Rs. 304.50 on 23-Nov-2016.

Last one week high and low of the scrip stood at Rs. 456.45 and Rs. 421.60 respectively. The current market cap of the company is Rs. 461.12 crore.

The promoters holding in the company stood at 40.41%, while Institutions and Non-Institutions held 19.21% and 40.38% respectively.

Premier Explosives has bagged an order worth Rs 144.92 crore from Coal India, for supply of bulk explosives. The time period within which the order is to be executed is November 01, 2017 to October 31, 2019.

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.

Related Premier Explosives Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323