Premier Explosives Limited Wins Export Order Worth INR 33.69 Crores for Rocket Motors
Premier Explosives Limited has secured significant export orders for the supply of Rocket Motors, accumulating a total value of INR 33.69 crores. The international orders are scheduled for delivery over a period spanning 18 months.The company announced the receipt of these export orders, which involve supplying Rocket Motors to an international client. The contract is identified as an international order, with the supplies to be executed over a period of 18 months.
The transaction details indicate that the order is not related to any promoter group or group company interest, nor does it fall under related party transactions.
The key details regarding the export order awarded to Premier Explosives Limited are summarized below:
| Parameter | Detail |
|---|---|
| Order Value | INR 33.69 crores |
| Product Supplied | Rocket Motors |
| Nature of Order | International Order |
| Client Type | International Client/Entity |
| Execution Period | Over 18 months |
| Promoter Interest | None |
| Related Party Transaction | No |
PREMEXPLN Stock Price Movement
Today, Premier Explosives Limited shares edged higher, closing at ₹559.05 and gaining 0.82% for the day. The stock finished the session on solid buying interest, supported by a trading volume of 286,290 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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