Defence stock jumps after receiving order worth ₹105 Cr for supply of defence explosivesDefence stock jumps after receiving order worth ₹105 Cr for supply of defence explosives

Introduction:

Leading defence manufacturer has secured a significant international export order worth approximately ₹105 crore for the supply of high-grade explosives, scheduled for delivery over the next 12 months to an overseas client.

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Share price movement of Premier Explosives:

On July 16, 2025, Premier Explosives Limited opened at ₹534.45, up slightly from its previous close of ₹533.50. The stock touched a high of ₹556.30 and a low of ₹524.75. By 4:00 PM, it traded at ₹541.75, registering a 1.55% gain, with a market cap of ₹2,912.51 crore.

Premier Explosives Secures ₹105 Crore Export Order for Defence Explosives:

Premier Explosives Limited has received an international export order worth approximately ₹105 crore for manufacturing and supplying defence explosives. The total contract value is USD 12.24 million and is to be executed within 12 months.

The order has been awarded by an international entity, with no involvement of promoter or group companies. The scope of the contract includes the production and supply of specialized defence explosives for overseas deployment.

Stock performance of Premier Explosives  for Period of 1 week, 6 months, and 1 year:

Premier Explosives Ltd delivered a -3.56% return over the past week. However, it gained 16.3% over the last six months but fell 23.7% over the past year.

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Shareholding pattern of Premier Explosives:

Particulars	Mar 2025	Dec 2024	Sep 2024
Promoter	41.30%	41.30%	41.30%
FII	0.70%	0.40%	0.40%
DII	8.00%	8.20%	8.40%
Public	49.90%	50.10%	49.90%

About Premier Explosives:

Premier Explosives Ltd (NSE: PREMEXPLN) manufactures industrial explosives and detonators. It also provides O&M services for solid propellant plants under ISRO and DRDO at Sriharikota and Jagdalpur, supporting India’s defence and space sectors.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.