Premier Explosives Secures Export Order Worth INR 350.23 Crores for Defence Products
Premier Explosives Ltd has announced the receipt of a significant export order valued at INR 350.23 crores. The order pertains to the supply of Defence Products and is scheduled for delivery over a period of two years.The company confirmed that the order was awarded by an international entity and is classified as an international order for the supply of Defence Products.
According to the details provided, the key terms and conditions of the contract are as follows:
| Detail | Specification |
|---|---|
| Product Supplied | Defence Products |
| Client Type | International Client / International Entity |
| Order Nature | International Order |
| Order Size | INR 350.23 crores |
| Delivery Period | Over a period of 2 years |
| Related Party Interest | None |
The secured order bolsters the company's presence in the global defence market, affirming its role in supplying specialized products to international clients. The proceeds from the order are slated for execution across a span of two years.
PREMEXPLN Stock Price Movement
Shares of Premier Explosives Limited are edging higher to ₹534 as of 1:23 PM today, having rallied 7.43% in live trading. The stock is trading on strong buying interest, moving within a day's range established between ₹493 and ₹540, supported by a volume of 805,468 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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