17 Sep 2025 | 5 Mins Read

Premier Explosives Shares Gain on Withdrawn Factory Closure Order

Flipitmoney

Telangana Pollution Control Board revoked Premier Explosives' factory closure order, allowing production activities to resume. This comes after an accident on April 29, 2025. The company, with a market capitalisation of Rs 2,938.32 crore, received an order from the Ministry of Defence for Rs 7.83 crore for counter measures delivery within 12 months, and has an IND A-credit rating.