17 Sep 2025 | 5 Mins Read
Premier Explosives shares rise 11% on Telangana plant progress
Flipitmoney
Premier Explosives Ltd's shares surged 11% on September 17, after the Telangana Pollution Control Board revoked its closure order on the Katepally factory, allowing production activities to resume. The factory had been closed since April 29, 2025, after a fire and explosion that killed three people. Estimated revenue losses are ₹25-30 crore over two years.