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Premier Explosives bags orders from DRDO

04 Mar 2022 Evaluate

Premier Explosives has received orders from Defence Research and Development Organisation (DRDO) including a prestigious order for supply of Primary Explosives Plant on turnkey basis to HEMRL of DRDO for a total value of Rs. 4.50 crore and Fabrication and supply of R-III rocket motors (Propulsion system) to DRDL of DRDO for a total value of Rs. 13.20 crore.

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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