MoneyWorks4Me

Premier Explosives bags order from Vikram Sarabhai Space Centre

11 Sep 2019 Evaluate

Premier Explosives has received an order from Vikram Sarabhai Space Centre (vssC) for production of PSOM-Xl segments (solid propellant) for their satellite launch vehicles.

This is the first order to be executed at the Solid Propellant Plant located at its Katepally Greenfield project inaugurated in August 2019. The company has already supplied this product to SHAR and it was successfully test fired in 2018 at Sriharikota. Order is to be executed within a period of 18 months. This is not a material order.

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 1054.40
SRF 2434.70
BASF India 3440.10
Pidilite Inds. 1470.00
Tata Chemicals 614.70
View more..