Hot Pursuit     11-Sep-24
Premier Explosives, Astra Microwave signs MoU for joint development & sale of products
Premier Explosives has signed a memorandum of understanding (MOU) with Astra Microwave Products, Hyderabad, for a strategic alliance to develop and sell multiple products jointly.
Premier Explosives is primarily involved in the manufacturing and sale of high-energy materials. The bulk explosives, packaged explosives and initiating systems manufactured by PEL find application in the mining, infrastructure and construction industries. The company also diversified into the manufacturing of propellants for missiles and rockets and also strap-on motors for satellite launch vehicles.

Astra Microwave Products designs and manufactures high-value-added RF and microwave super components and sub-systems that find application in defence, space, and civil communication systems.

Shares of Premier Explosives rose 1.48% to end at Rs 560.05 while that of Astra Microwave Products declined 0.11% to Rs 870.25 on Tuesday, 10 September 2024.

Previous News
  Premier Explosives rises after receiving contract for supplying explosives from international clients
 ( Hot Pursuit - 19-Mar-25   09:26 )
  Premier Explosives wins export order of Rs 18.90 cr
 ( Corporate News - 18-Mar-25   18:52 )
  Market trades near flatline; bank shares advance
 ( Market Commentary - Mid-Session 13-Mar-25   11:38 )
  Premier Explosives rises after bagging export order from international clients
 ( Hot Pursuit - 13-Mar-25   10:35 )
  Premier Explosives receives export order of Rs 21.45 cr
 ( Corporate News - 12-Mar-25   18:59 )
  Premier Explosives inks JV pact with Global Munition
 ( Hot Pursuit - 11-Mar-25   11:37 )
  Stock Alert: BEL, Anupam Rasayan India, Aditya Birla Capital, Syngene Intl, NTPC
 ( Market Commentary - Stock Alert 11-Mar-25   08:34 )
  Premier Explosives consolidated net profit rises 439.18% in the December 2024 quarter
 ( Results - Announcements 12-Feb-25   17:53 )
  Astra Microwave Q3 PAT jumps 9% YoY to Rs 47 crore
 ( Hot Pursuit - 10-Feb-25   11:29 )
  Astra Microwave Products consolidated net profit rises 9.34% in the December 2024 quarter
 ( Results - Announcements 08-Feb-25   07:52 )
  Premier Explosives to declare Quarterly Results
 ( Corporate News - 04-Feb-25   12:29 )
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