Hot Pursuit     27-May-21
Premier Explosive hits the roof on bagging order
Premier Explosives hit an upper circuit of 5% at Rs 147.15 after the company bagged an order worth $134,935 from Israel Aerospace Industries (IAI), for the manufacture and supply of Warheads.

This is the first order received by the company for warheads and this will be executed from its new production facility at Katepally. Ordered items are expected to be delivered within 12 months.

A warhead is the explosive or toxic material that is delivered by a missile, rocket, or torpedo.

The announcement was made during market hours today, 27 May 2021.

Premier Explosives is engaged in the business of high energy materials (commercial explosives and defense explosives).

The company reported a consolidated net loss of Rs 5.48 crore in Q3 FY21 as against a net loss of Rs 9.20 crore in Q3 FY20. Net sales rose 62.02% YoY to Rs 48.85 crore during the quarter.

Previous News
  Premier Explosives consolidated net profit rises 351.55% in the September 2023 quarter
 ( Results - Announcements 30-Oct-23   14:18 )
  Premier Explosives to conduct board meeting
 ( Corporate News - 20-Oct-22   10:55 )
  Premier Explosives receives enhanced order from Israel Aerospace Industries
 ( Corporate News - 30-Dec-20   17:17 )
  Premier Explosives to conduct AGM
 ( Corporate News - 12-Sep-20   18:09 )
  Premier Explosives to convene board meeting
 ( Corporate News - 18-Jun-21   19:23 )
  Premier Explosives secures two orders of Rs 18 cr from DRDO
 ( Hot Pursuit - 04-Mar-22   13:05 )
  Premier Explosives inaugurates new Solid Propellant Plant near Hyderabad
 ( Corporate News - 27-Aug-19   17:35 )
  Premier Explosives receives license to manufacture Propellants, Ammonium Perchlorate and HTPB
 ( Corporate News - 19-Nov-18   15:08 )
  Premier Explosives standalone net profit declines 37.25% in the December 2017 quarter
 ( Results - Announcements 10-Feb-18   17:03 )
  Premier Explosives to commence construction of greenfield project near Hyderabad
 ( Corporate News - 24-Oct-17   11:30 )
  Premier Explosives to announce Quarterly Result
 ( Corporate News - 01-Feb-18   11:13 )
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