Premier Explosives Lands Rs 22.36 Cr International Rocket Motor Order! 🚀

Big news from Premier Explosives Limited (PREMEXPLN)! The company has just announced a substantial new order, reinforcing its position in the specialized defense and space sectors.

Premier Explosives has bagged a purchase order worth Rs 22.36 crores from an international entity. The contract is for the supply of Rocket Motors, a core product for the company, known for its expertise in propellants and pyrotechnics. This international deal underscores the company’s growing global footprint and the demand for its specialized products.

The delivery of these rocket motors is scheduled to be completed on or before March 31, 2026. This timeline provides a clear roadmap for the execution of this significant order.

For those keeping an eye on PREMEXPLN, the company’s shares were last traded at Rs 429, reflecting a 2.3% dip. However, this new order highlights the company’s operational strength and its ability to secure valuable contracts in its niche market.

This order is a testament to Premier Explosives’ capabilities and its role in contributing to both national and international defense and space programs. It’s always exciting to see Indian companies making strides on the global stage! ✨

source: Corporate Announcement

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