Premier Explosives Jumps 2.69% on ₹7.83 Crore Defence Order Win

Mumbai, September 11, 2025: Premier Explosives Limited’s share price is on the rise today. As of 10:40 AM, the shares were up by 2.69%, or 14.25 points, and were trading at ₹544.15. Until now, the shares have traded within a range of ₹552.00 and a low of ₹540.30. The current traded volume stands at 0.91 lakh shares, with a value of ₹4.96 crore. The VWAP stands at ₹545.26, with the company’s market cap increasing to ₹2,960.09 crore. The shares have their 52-week high and a low range between ₹667.20-₹541.00.

Premier Explosives Limited is an Indian company that is engaged in the manufacturing of high-energy materials such as explosives and defence products. It was established on 12th August 1980 and is headquartered in Hyderabad, Telangana, India. Its NSE ticker symbol is PREMEXPLN, and the BSE code is 526247.

Key Trigger: ₹7.83 Crore Defence Order Win

The company͏’s shares gained trac͏t͏ion after i͏t announced͏ ͏secu͏ring a ₹7.8͏3 c͏rore order fr͏om the͏ Minis͏try o͏͏f Defen͏ce. T͏he cont͏͏ract c͏overs ͏the ͏s͏upply͏ o͏f adv͏anc͏ed counterm͏easu͏res͏, with͏ ͏͏execu͏ti͏o͏n sche͏dule͏d over th͏e next 12 ͏mont͏h͏s, ͏reinf͏or͏cin͏g ͏͏the͏ ͏͏firm’s ͏sta͏nd͏ing ͏as a trusted defence s͏uppli͏͏er.

Revenue Stream Visibility

The defence order secured by Premier Explosives is expected to contribute to its order book and provide it with revenue visibility. It will also position the company as a strategic supplier when it comes to defence manufacturing in India. The project win comes at an important time as the company’s stock has been surging in recent months, jumping from its 52-week low of ₹309.15.

REF: https://nsearchives.nseindia.com/corporate/PREMEXPLN_10092025163010_BSENSEMoDOrINR7Crores10092025.pdf

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