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Premier Explosives bags order from Satish Dhawan Space Centre

19 Dec 2018 Evaluate

Premier Explosives has bagged an order from Satish Dhawan Space Centre, SHAR, Sriharikota. The size of order is Rs 181 crore (first year Rs 18.10 crore and subject to price escalation from second year onwards). The order will be executed during December 2018 to December 2028.

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 614.70
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