MoneyWorks4Me

Premier Explosives bags order for procurement of 50 MM MTV Flares

26 Apr 2022 Evaluate

Premier Explosives has bagged an order from Ministry of Defence, Government of the Republic of India for procurement of 50 MM MTV Flares to be delivered within twelve months from the effective date of contract. The company has bagged an order worth Rs 57.90 crore (including 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 613.05
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