Premier Explosives is trading at Rs 381.75, up by 1.20 points or 0.32% from its previous closing price of Rs 380.55 on the BSE.
The stock opened at Rs 387.95 and touched an intraday high of Rs 389.95 and a low of Rs 379.70. So far, 6,755 shares have been traded on the counter.
The BSE Group 'B' stock, with a face value of Rs 2, recorded a 52-week high of Rs 909.35 on June 21, 2024, and a 52-week low of Rs 263.11 on March 14, 2024. Over the past week, the stock hit a high of Rs 434.00 and a low of Rs 346.50. The company's current market capitalization stands at Rs 2,080.29 crore.
In terms of shareholding, promoters hold 41.33%, while institutions and non-institutions own 8.59% and 50.08%, respectively.
Additionally, Premier Explosives has secured an export order worth Rs 20.36 crore from international clients for the design and development of Rocket Motors. The order is expected to be executed within two years.
Premier Explosives specializes in high-energy materials, including bulk explosives, packaged explosives, detonators, solid propellants, and pyrogen igniters, serving industries like mining, infrastructure, defense, space, and homeland security.