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Premier Explosives bags order from Defence Ministry

03 Jun 2019 Evaluate

Premier Explosives has bagged an order from Ministry of Defence, Air Headquarters (Vayu Bhavan), New Delhi for supply of 50mm Chaffs cartridges. The size of the order is Rs 100.08 crore (including GST) and to be executed within 168 weeks.

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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