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 consolidated net profit declines 34.06% in the December 2025 quarter
 ( Results - Announcements 12-Feb-26   17:24 )
  Astra Microwave Products consolidated net profit declines 1.31% in the December 2025 quarter
 ( Results - Announcements 12-Feb-26   15:45 )
  Premier Explosives to hold board meeting
 ( Corporate News - 05-Feb-26   14:30 )
  Astra Microwave Products to conduct board meeting
 ( Corporate News - 04-Feb-26   14:53 )
  Premier Explosives secures export order of Rs 17.68 cr
 ( Corporate News - 21-Jan-26   19:39 )
  Astra Microwave JV secure Rs 275-cr order from Indian Air Force
 ( Hot Pursuit - 09-Jan-26   09:57 )
  Astra Rafael Comsys secures order worth Rs 275.27 cr
 ( Corporate News - 08-Jan-26   20:37 )
  Astra Microwave gains after MoU with Bharat Electronics
 ( Hot Pursuit - 26-Dec-25   12:27 )
  Astra Microwave Products signs MoU with Bharat Electronics
 ( Corporate News - 26-Dec-25   12:02 )
  Astra Microwave Products bags Rs 124 crore order
 ( Hot Pursuit - 13-Dec-25   11:35 )
  Astra Microwave Products receives order of Rs 124 cr
 ( Corporate News - 13-Dec-25   11:19 )
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