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Premier Explosives signs contract with Ministry of Defence

12 May 2022 Evaluate

Premier Explosives has signed a contract with Ministry of Defence (Army) at New Delhi for supply of NFM - new family of Munitions for a total value of Rs 44.58 crore (including GST), to be delivered within twenty four months from the effective date of contract. The production of these items will be done from company’s facility at Katepally.

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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