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Premier Explosives: Stock jumps 10.7% after it resumes production at its Telengana Plant

News by Aliceblue News Desk

17 Sept 2025

Premier Explosives: Stock jumps 10.7% after it resumes production at its Telengana Plant

Introduction

Leading explosives manufacturing company has received clearance from the Telangana Pollution Control Board to resume production at its Katepally factory. The facility will operate while adhering to all environmental and safety compliance conditions.

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Share price movement of Premier Explosives

On September 17, 2025, Premier Explosives Ltd opened at ₹558.95, up 2.23% from its previous close of ₹546.55. The stock reached a high of ₹605.00 (10.69%) and a low of ₹555.05. By 10:36 AM, it traded at ₹575.00, a 5.21% increase, with a market cap of ₹3,091.27 crore.

TGPCB Allows Premier Explosives Factory Production Resumption

Premier Explosives Limited informed that the Telangana Pollution Control Board has revoked the closure order for its Katepally factory. The closure was initially imposed following an accident on April 29, 2025.

The revocation allows Premier Explosives Limited to resume production at the facility. The company will comply with all conditions specified by TGPCB as part of the resumption order.

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

Premier Explosives Ltd delivered a 3.16% return over the past week, it gained 45.4% in the past six months. The stock declined 0.83% over the past year.

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Also Read: Mishra Dhatu Nigam: Company receives new order worth ₹136 Cr

Shareholding pattern of Premier Explosives

ParticularsJun 2025Mar 2025Dec 2024
Promoter41.30%41.30%41.30%
FII0.70%0.70%0.40%
DII7.70%8.00%8.20%
Public50.30%49.90%50.10%

About Premier Explosives

Premier Explosives Ltd (NSE: PREMEXPLN) manufactures industrial explosives and detonators. The company also provides operation and maintenance services for solid propellant plants at ISRO’s Sriharikota Centre and DRDO’s Solid Fuel Complex in Jagdalpur.

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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 going up today?

A: Premier Explosives Ltd share price is rising after TGPCB revoked the closure order for its Katepally factory following an April 29 accident.

Q: What does Premier Explosives Ltd specialize in?

A: Premier Explosives Ltd specializes in manufacturing industrial explosives, detonators, and providing O&M services for ISRO and DRDO solid propellant plants.

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

A: Premier Explosives Ltd stock recorded a 52-week high of ₹667.00 and a 52-week low of ₹308.95 in recent trading.

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