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Premier Explosives bags order for supply of QRSAM motors

25 Oct 2018 Evaluate

Premier Explosives has received supply order from Defence Research and Development Laboratory (DRDL) for supply of QRSAM motors. This is the first large order for the product after the previous orders for development.

The company has also received trial order for QRSAM motor lining and RDX for propellant casting. Total order value is Rs 324.16 lakh and it is to be executed by December 31, 2019.

Premier Explosives is a prominent player in manufacturing solid propellants for India's prestigious missile programs like Akash, Astra, and LRSAM.

Peers
Company Name CMP
Godrej Industries 1050.00
SRF 2434.70
BASF India 3439.60
Pidilite Inds. 1470.00
Tata Chemicals 613.05
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