Premier Explosives Share Price: Following the announcement that it had acquired an export order for ₹ 18.90 cr. from clients abroad, Premier Explosives saw a 2.87% increase in value to ₹ 337. The defense explosives contract calls for delivery of the product within five months.
Mining, infrastructure, defense, space, homeland security, and other fields use high-energy materials manufactured by Premier Explosives, such as pyro devices, packaged explosives, bulk explosives, solid propellants, detonators, detonating fuses, pyrogen igniters, etc. It is thus important to keep a check on the Premier Explosives share price.
About Premier Explosives Limited
The company Premier Explosives Limited manufactures detonators and industrial explosives. It also provides services of O&M (operation and maintenance) for solid propellant plants at the ISRO Sriharikota Center and the Solid Fuel Complex in Jagdalpur, all of which are under the DRDO umbrella.
Premier Explosives ₹ 18.90 Crore Order
Leading industrial and defense explosives company Premier Explosives Limited has landed a sizable export order worth ₹ 18.90 crores. Deliveries of explosives (defense) to a client internationally are planned over the course of the next five months. With a stellar 423.16 percent return over the last three years, Premier Explosives is a multibagger stock that appeals to investors looking for high-growth prospects.
Premier Explosives Financial Analysis
In Q3 of FY25, the company’s consolidated net profit was ₹ 9.22 crore, which was significantly more than the ₹ 1.71 crore it made in Q3 of FY24. In comparison to the ₹ 44.56 crore recorded in the same quarter the previous year, net sales increased 272.4% to ₹ 165.92 cr. in Q3 FY25.
The company’s growth potential and strong model of business are shown by its steady performance and capacity to land significant international contracts. With this most recent order, Premier Explosives’ standing in the worldwide defense industry is further solidified, demonstrating its capacity to satisfy demand and international standards. As of 15:50 on March 18, 2025, Premier Explosives share price was ₹ 327.6, and its market capitalization was ₹ 1,677.88 crores. The company’s market presence as well as financial health remains solid.
Premier Explosives Share Price Movement
With a market valuation of ₹ 1,812.02 crores, Premier Explosives Limited’s stock has risen almost 6.33 percent from its closing price of ₹ 327.60 to an intraday high of ₹ 348.35 per equity share. The Premier Explosives share price has since dropped and is now trading at ₹ 375.00.
Conclusion
Because of its placement, Premier Explosives share price is susceptible to changes in the industry as well as general market movements. The company’s long-term stock performance indicates that it has a great deal of room to develop, but it also shows short-term instability. Investors should therefore execute extensive due diligence, closely examining the company’s financial metrics, recent contract and performance announcements, and the macroeconomic and geopolitical landscape as a whole.
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