28 Oct 2025 | 5 Mins Read
Premier Explosives wins ₹429.6 cr Defence order, shares jump nearly 6%
Flipitmoney
Premier Explosives Ltd's shares rose nearly 6% to ₹640.10 on Tuesday after receiving ₹429.56 crore in orders from India's Ministry of Defence for chaffs and flares to the Indian Air Force. The contract, valued including GST, must be completed within 12 months, bolstering the company's order book under India's "Atmanirbhar Bharat" defence self-reliance initiative.