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Premier Explosives share price jumps 9.5% after ₹350 Cr export contract win

News by Aliceblue News Desk

22 Apr 2026

Premier Explosives share price jumps 9.5% after ₹350 Cr export contract win

Introduction

Leading defence manufacturer receives INR 350.23 crore export order from international client for supply of defence products scheduled for execution over two years period.

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Also Read: Expo Engineering and Projects surges after Reliance Industries ₹3.74 Cr order win

Share price movement of Premier Explosives

On April 22, 2026, Premier Explosives Ltd opened at ₹491.25, down 1.37% from its previous close of ₹498.05. The stock reached a high of ₹545.05 (up 9.43%) and a low of ₹491.25 (down 1.37%). By 2:19 PM, it traded at ₹539.95, an 8.41% increase, with a market cap of ₹2,868.43 crore.

Premier Explosives Wins Export Order

Premier Explosives Limited received export orders worth INR 350.23 crore from an international client for supply of defence products. The order is scheduled for execution over two years period.

The company stated the order is international in nature and unrelated to promoter or group interests. It does not qualify as a related party transaction and follows arms length terms.

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

Premier Explosives Ltd delivered a 1-week return of 4.29%, a 6-month return of -20.0%, and a 1-year return of 25.3%.

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Also Read: Parsvnath Developers moves up 5% after firm launches new residential project in Madhya Pradesh

Shareholding pattern of Premier Explosives

ParticularsMar 2026Dec 2025Sep 2025
Promoter41.30%41.30%41.30%
FII1%1%1%
DII9.20%9.20%9.10%
Public48.30%48.50%48.60%

About Premier Explosives

Premier Explosives Ltd (NSE: PREMEXPLN) manufactures industrial explosives and detonators and provides operation and maintenance services for ISRO and DRDO solid propellant facilities.

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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.

FAQs

Q: Why is Premier Explosives Ltd share price rising today?

A: Premier Explosives Ltd receives INR 350.23 crore export defence order from international client for execution over two years period.

Q: What is Premier Explosives Ltd’s main business focus?

A: Premier Explosives Ltd manufactures industrial explosives, detonators and provides O&M services for ISRO and DRDO solid propellant facilities.

Q: What are the 52-week high and low of Premier Explosives Ltd stock?

A: Premier Explosives Ltd stock 52-week high is ₹682.90 and 52-week low is ₹370.75.

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