Hot Pursuit     23-Mar-15
Premier Explosives gains on fund buying
Premier Explosives rose 3.26% to Rs 260 at 12:33 IST on BSE after Sundaram Mutual Fund bought 48,485 shares of the company at an average price of Rs 249.72 per share in a bulk deal on BSE on Friday, 20 March 2015.

Meanwhile, the S&P BSE Sensex was up 62.08 points or 0.22% at 28,323.16.

On BSE, so far 42,000 shares were traded in the counter as against average daily volume of 32,072 shares in the past one quarter.

The stock hit a high of Rs 265 and a low of Rs 255.60 so far during the day. The stock had hit a record high of Rs 329.70 on 8 January 2015. The stock had hit a 52-week low of Rs 64.30 on 27 March 2014.

The stock had underperformed the market over the past one month till 20 March 2015, sliding 12.93% compared with the Sensex's 3.32% fall. The scrip had also underperformed the market in past one quarter, declining 5.34% as against Sensex's 3.25% rise.

The small-cap company has equity capital of Rs 8.86 crore. Face value per share is Rs 10.

Premier Explosives' net profit plunged 51.7% to Rs 1 crore on 10.4% growth in net sales to Rs 36.71 crore in Q3 December 2014 over Q3 December 2013.

Premier Explosives manufactures the entire range of explosives and accessories for the civil requirement.

Previous News
  Premier Explosives consolidated net profit rises 351.55% in the September 2023 quarter
 ( Results - Announcements 30-Oct-23   14:18 )
  Premier Explosives gains as board OKs 1:5 stock split
 ( Hot Pursuit - 19-Apr-24   16:29 )
  Premier Explosives jumps on procuring orders worth Rs 86 cr
 ( Hot Pursuit - 06-Jul-23   12:43 )
  Premier Explosives soars on stock split proposal
 ( Hot Pursuit - 09-Apr-24   11:05 )
  Board of Premier Explosives to consider stock split and fund raising
 ( Corporate News - 09-Apr-24   09:03 )
  Board of Premier Explosives approves sub-division of equity shares
 ( Corporate News - 19-Apr-24   14:51 )
  Premier Explosives schedules board meeting
 ( Corporate News - 09-Apr-24   09:40 )
  Board of Premier Explosives approves fund raising up to Rs 400 cr
 ( Corporate News - 19-Apr-24   14:53 )
  Premier Explosives receives order worth Rs 29.06 cr from NLC India
 ( Corporate News - 07-Mar-19   13:21 )
  Premier Explosives announces board meeting date
 ( Corporate News - 26-Jul-22   10:42 )
  Premier Explosives to declare Quarterly Result
 ( Corporate News - 31-Jul-18   12:11 )
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