Premier Explosives Gallops Over 6% Receives Certificate For Defense


Premier Explosives Ltd.'s stocks are galloping on Indian bourses, as it has received the Management System Certificate from DNV GL Business Assurance, USA, after the company has been found to conform to the quality management system standards.

The certificate given out is valid for development, manufacture and supply of high energy materials for Aerospace and Defense Applications.

The stock is trading up nearly 6% at Rs 413.85 per share. It has underperformed the BSE Small cap index and Nifty Commodities index on a yearly basis.

BSE Small Cap index is trading up by 101 points or 0.68% at 14953 levels.

Premier Explosives Limited is engaged in the business of high energy materials (commercial explosives and defense explosives).

The Company's geographical segments include India, which includes sales and services to customers within India, and other countries, which include sales and services to customers outside India.

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