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Premier Explosives Limited ( (IN:PREMEXPLN) ) has provided an update.
Premier Explosives Limited has secured a purchase order from an undisclosed international client for the supply of rocket motors valued at USD 1.93 million (approximately Rs 17.68 crore), to be executed over the next 12 months. The contract, which is not a related-party transaction, underscores the company’s growing traction in international defence markets and is expected to bolster its export revenues and reinforce its positioning as a key Indian supplier of rocket propulsion systems to global customers.
More about Premier Explosives Limited
Premier Explosives Limited operates in the explosives and defence segment, supplying products such as rocket motors and related energetic materials, with a focus on both domestic and international defence and aerospace clients.
Average Trading Volume: 25,082
Technical Sentiment Signal: Buy
Current Market Cap: 26.49B INR
See more data about PREMEXPLN stock on TipRanks’ Stock Analysis page.