Archive · 11 Jun 2025
Premier Explosives Stock Dips Despite New Export Order
Premier Explosives, a company that makes explosives, got a new order worth 2.6 crore rupees.
Despite this good news, the price of its stock went down.
The stock price dropped during the day and closed lower than the previous day.
Over the past year, the stock has increased.
The company makes materials for defense, space, and other industries.
Premier Explosives received a Rs 2.6 crore export order for commercial explosives.
The stock price of Premier Explosives fell over 4% intraday.
The stock closed 3.59% lower at Rs 602.85.
In the last year, the stock has gained 1.43%.
The company is involved in manufacturing high energy materials for various industries.
- Who
- Premier Explosives
- What
- Premier Explosives received a Rs 2.6 crore export order and the stock price decreased.
- When
- Wednesday
- Where
- Not specified
- Why
- Not explicitly stated, but the stock price decrease despite the order win.
Shareholders
Premier Explosives
Stock Performance vs. Order
Shareholders
Concerned about the decreasing share price
Premier Explosives
Confident due to the new export order
- Company
- Premier Explosives
- Order Value
- Rs 2.6 crore
- Stock Drop (Intraday)
- 4.5%
- Closing Price
- Rs 602.85
- 1-Year Gain
- 1.43%
- Business
- Manufacture of explosives
Sources
GEF Capital Partners sells 5.55 pc stake in Premier Energies for Rs 2,629 cr
Premier Energies Shares In Focus After Rs 2,629 Crore Block Deal By South Asia Fund
Premier Energies block deal: Here are the major buyers in ₹2,629 crore large trade