Premier Explosives shares hit a 5% upper circuit in morning trade, reaching a high of Rs 476.15 following a new order from Singareni Collieries Company worth Rs 89.2 crore. The stock opened at Rs 475, with a low of Rs 465.30, and has a 52-week range between Rs 234 and Rs 908.80.
The contract involves supplying SME explosives, LDC explosives (Cap & Non Cap), and accessories like Cast Boosters and Detonators for OB blasting at various SCCL Opencast Projects. Delivery will occur over two years.
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