Premier Explosives Ltd have received an order from Israel Aerospace Industries Limited, Israel (IAI) for development and supply of Booster Rocket Motors (BRM) for a total value of USD 1.64 million (about Rs.11.98 crores at today's RBI reference rate of Rs.73.074 per USD). Development of the BRM is scheduled in two milestone dates of April 2019 and July 2019. Supply schedule is yet to be worked out.
Shares of PREMIER EXPLOSIVES LTD. was last trading in BSE at Rs.186.5 as compared to the previous close of Rs. 188.1. The total number of shares traded during the day was 3687 in over 49 trades.
The stock hit an intraday high of Rs. 193.9 and intraday low of 183. The net turnover during the day was Rs. 695368.