Premier Explosives Ltd receives order from Singareni Collieries for 2 years

Premier Explosives Ltd have received an order from Singareni Collieries Company Limited (A Government Company) for supply of SMS/SME explosives and accessories (Cast Booster, Detonating Fuse, Cord Relay, Nonel and CED 2.0M detonator) for OB removal at different OCPs of SCCL for a period of 2 years.

The order value is Rs. 82.83 crores excluding GST, for supply of SMS/SME explosives and accessories.

Shares of PREMIER EXPLOSIVES LTD. was last trading in BSE at Rs.118.9 as compared to the previous close of Rs. 113.25. The total number of shares traded during the day was 879 in over 10 trades.

The stock hit an intraday high of Rs. 118.9 and intraday low of 118.8. The net turnover during the day was Rs. 104470.

Source : Equity Bulls

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