The company stated that it has signed a contract with an overseas entity for the supply of Rocket Motors (Items Sh-522 intended for R-22 aviation guided missiles with Igniter V-287) for a total value of USD 13.13 Million (Rs100.40 crore approx).
The company is expected to deliver the ordered items within eighteen months.
At around 12.16 PM, Premier Explosives was trading at Rs413.95 against its previous close of Rs394.25.
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