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Premier Explosives gains 4% after receiving ₹17.68 crore international rocket motor order

Premier Explosives Limited received a USD 1.928 million (Rs. 17.68 crore) purchase order from an international client for supply of rocket motors to be delivered within 12 months.
Premier Explosives Limited logo over missile launch systems

Introduction

Leading explosives manufacturer secures an international order worth USD 1.928 million (approximately Rs. 17.68 crore) for the supply of rocket motors, with delivery scheduled within 12 months.

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Share price movement of Premier Explosives

On January 22, 2026, Premier Explosives Ltd opened at ₹479.00, up 1.15% from its previous close of ₹469.60. The stock reached a high of ₹485.00 (3.23%) and a low of ₹473.05 (0.71%). By 11:45 AM, it traded at ₹475.00, a 1.15% increase, with a market cap of ₹2,553.66 crore.

Premier Explosives Receives $1.93 Million Rocket Motor Order

Premier Explosives Limited received a purchase order from an international client for the supply of rocket motors. The total order value is USD 1,928,000 (Rs. 17.68 crore).

The order will be executed over 12 months. The contract involves supplying rocket motors to the international entity. This marks Premier Explosives’ continued engagement in overseas defense-related supplies.

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

Premier Explosives Ltd delivered a -8.40% return over the past week, declined -3.20% over six months, and gained 3.50% over the past one year.

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Shareholding pattern of Premier Explosives

ParticularsDec 2025Sep 2025Jun 2025
Promoter41.30%41.30%41.30%
FII0.90%1.10%0.70%
DII9.20%9.10%7.70%
Public48.50%48.60%50.30%

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 plants in India.

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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 received a USD 1.928 million (Rs. 17.68 crore) international order for supply of rocket motors within 12 months.

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

A: Premier Explosives Ltd manufactures industrial explosives and detonators and provides operation and maintenance 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 has a 52-week high of ₹682.90 and a 52-week low of ₹308.95.

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