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MoneyWorks4Me

Premier Explosives inks contract with overseas entity for supply of Rocket Motors

12 Sep 2022 Evaluate

Premier Explosives has signed a contract with an Overseas Entity for supply of Rocket Motors and an amount of $2.44 million (about Rs. 19.40 crore approx.) received towards production line building and procurement of critical raw material. None of the promoter / promoter group / group companies has any interest in the entity that awarded the contract.

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 970.45
SRF 2472.60
BASF India 3019.30
Pidilite Inds. 1585.00
Tata Chemicals 608.25
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