India's Premier Explosives rises on 214.5-mln-rupee order win

Premier Explosives

13/03/2025 07:16

** Shares of Premier Explosives PRMR.NS rise as much as 6% to 343 rupees

** The explosives maker said on Wednesday that it has won an export order worth 214.5 million rupees ($2.5 million) for supply of defense explosives

** More than 296,000 shares change hands, 1.7x of 30-day avg

** Stock down 37.3% YTD vs a 64.4% gain in 2024

   ($1 = 87.0550 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))