Premier Explosives spurts 7% on order win
Source: IRIS | 30 Dec, 2020, 04.41PM
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| Rating: NAN / 5 stars. |
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Premier Explosives share price jumped over 7% on December 30 after the company received an enhancement in order from Israel Aerospace Industries (IAI), Israel. 'Premier Explosives received an enhancement in order received from Israel Aerospace Industries (IAI), Israel for development and supply of EDRM Rocket Motors for a total value of USD 1,384,000 in place of USD 520,000 as reported by our earlier intimation dated Aug.20, 2020. Ordered items are expected to be delivered by 30.09.2021.'
Shares of Premier Explosives are trading at Rs 166.05, up Rs 10.75, or 6.92% at the Bombay Stock Exchange (BSE) on Wednesday at 3:10 p.m.
The scrip has touched an intra-day high of Rs 168.25 and low of Rs 155.70. The total volume of shares traded at the BSE is 24,423.
In the earlier session, the shares lost 1.96%, or Rs 3.1, at Rs 155.30.
Currently, the stock is trading down 6.19% from its 52-week high of Rs 177 and above 193.89% over the 52-week low of Rs 56.50.
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