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 bags Rs 7-cr defence order from international client
 ( Hot Pursuit - 20-Jun-25   10:34 )
  Premier Explosives bags Rs 2-cr defence order from international client
 ( Hot Pursuit - 18-Jun-25   11:27 )
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 ( Hot Pursuit - 23-May-25   14:45 )
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 ( Hot Pursuit - 23-May-25   14:39 )
  Board of Premier Explosives recommends final dividend
 ( Corporate News - 22-May-25   21:09 )
  Astra Microwave Products schedules EGM
 ( Corporate News - 22-May-25   19:40 )
  Board of Astra Microwave Products recommends final dividend
 ( Corporate News - 22-May-25   18:01 )
  Premier Explosives consolidated net profit declines 44.59% in the March 2025 quarter
 ( Results - Announcements 22-May-25   17:54 )
  Astra Microwave Products consolidated net profit rises 35.09% in the March 2025 quarter
 ( Results - Announcements 22-May-25   17:38 )
  Board of Astra Microwave Products approves allotment of warrants aggregating Rs 173.99 cr
 ( Corporate News - 20-May-25   16:07 )
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