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Premier Explosives Ltd has knowledgeable to the exchanges that the Firm has signed a contract with Ministry of Defence (Military) at New Delhi on Could 11, 2022.
The contarct is for provide of NFM – new household of Munitions for a complete worth of Rs44.58 crore (together with GST), to be delivered inside twenty 4 months from the efficient date of contract, mentioned firm in a regulatory submitting on Thursday.
Additional, the manufacturing of this stuff shall be executed from its facility at Katepally, it added.
On Thursday, Premier Explosives ended at Rs295.45 apiece down by Rs15.55 or 5% from its earlier closing of Rs311 apiece on the BSE.
The scrip opened at Rs305 and has touched a excessive and low of Rs305 and Rs295.45 respectively at the moment.
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