Small cap defence company, Premier Explosives Ltd shares today rallied 3.87% on Bombay Stock Exchange (BSE) after the company bagged new order from BrahMos Aerospace Private Limited. The current market price of Premier Explosives shares on BSE is Rs 443.15 per share. The company has a market capitalisation of Rs 2382.43 crore with return on equity (ROE) at 10.18%. According to Trendlyne, FII/FPI increased holdings from 0.36% to 0.39% in December 2024 quarter. Number of FII/FPI investors increased from 23 to 24 in December 2024 quarter. Check key details below:
Premier Explosive Bags New Order
According to the BSE filing of Premier Explosive dated January 31, 2025, “this is to inform you that the Company has received an order for Rs. 26.40 Crores from BrahMos Aerospace Private Limited for supply of Propellant Casting & Assembly of Boosters to be delivered over a period of 2 years.”
Premier Explosive Shares Performance
The 52-week high price of Premier Explosive shares on BSE is Rs 909.35 per share (as on 21/06/2024) and 52-week low price is Rs 263.11 per share (as on 14/03/2024), respectively. Premier Explosive shares declined 18.23% year-to-date, fell 32.67% in last 6-months, and surged over 59% in last 1-year. In last 2-years, the scrip soared over 460.54%, rallied 680.47% in last 3-years, and offered attractive returns of 1475% in last 5-years.
Premier Explosive Dividend History
The company has declared a total of 22 dividends since September 3, 2001. In last 1-year, Premier Explosives recommended an equity dividend amounting to 0.50 per share. If the current share price of Rs 443.15 per share, Premier Explosives offers a dividend yield of 0.11%.
Premier Explosive Bonus Share History
It never declared any bonus share till now.
Premier Explosive Stock Split History
It sub-dividend its face value once since June 21, 2024. Premier Explosives last split face value of its shares from Rs 10 to Rs 2 in 2024 and fixed June 21, 2024 as the ex-split date.
About
Premier Explosives Limited is a Rs.2600 million company established in 1980. Since inception it has been a research and innovation orieted company by manufacturing explosives and detonators with totally indigenous technology in 1980’s and 1990’s. In 2013, PEL started commercial-scale manufacture of detonators with Nickel Hydrazine Nitrate (NHN)as primary charge emerging as the world first to do so. Extending its research forte to defence products, in 2003 PEL forayed into development of solid propellants and today it is the only private entity in India manufacturing and supplying solid propellants for prestigious missiles like Akash, Astra, LRSAM, etc, according to BSE filing.
Disclaimer
The story highlights new order win and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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