Premier Explosives receives two orders of Rs17.70 crore from DRDO

4 Mar 2022 , 01:48 PM

Premier Explosives Limited has received orders worth Rs17.70 crore from Defence Research and Development Organisation (DRDO).

The orders include:

• Supply of Primary Explosives Plant on turnkey basis to HEMRL of DRDO for a total value of Rs4.50 crore
• Fabrication and supply of R-III rocket motors (Propulsion system) to DRDL of DRDO for a total value of Rs13.20 crore.

At around 1.50 pm, Premier Explosives Ltd was trading at Rs330.20 per piece down by Rs0.2 or 0.06% from its previous closing of Rs330.40 per piece on the BSE.