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Premier Explosives bags Rs104.84 crore order from Singareni Collieries; Stock soars 1%

Premier Explosives Ltd shares rally as the corporate introduced the receipt of orders of Rs104.84 crore.

As per the regulatory submitting, the corporate has obtained an order on Could 05, 2022, value Rs104.84 crore (excluding GST) from Singareni Collieries Firm Restricted (A Authorities Firm) for provide of SME explosives, LDC Explosives and Equipment for blasting in OB removing at Open Solid Tasks of SCCL for a interval of two years.

At round 10:32 AM, Premier Explosives was buying and selling at Rs344.90 apiece up by Rs4.2 or 1.23% from its earlier closing of Rs340.70 apiece on the BSE.

The scrip opened at Rs332.10 per piece at present.

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