MoneyWorks4Me

Premier Explosives bags order worth Rs 82.83 crore

10 Oct 2020 Evaluate

Premier Explosives has received an order from Singareni Collieries Company (SCCL) (a Government Company) for supply of SMS/SME explosives and accessories (Cast Booster, Detonating Fuse, Cord Relay, Nonel and CED 2.0M detonator) for OB removal at different OCPs of SCCL for a period of 2 years. The order value is Rs 82.83 crore excluding GST.

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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