Premier Explosives gets INR 429.56 crore defence order

Govt Defence OrderBusiness Updates View source PDF Explain this filing

PREMEXPLN · price

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Price reactionminutes from the announcement price · days from the prior close

+4.4%Reaction day

₹602.00

prior close

₹628.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+4.2% vs market

Chemicals & Petrochemicals peers, median of 193sector · industry level-0.2%+4.6% vs sector

On the reaction day the stock moved 4.2 pts more than Nifty Microcap 250 and 4.6 pts more than its Chemicals & Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+2.2

15m

+1.6

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.4+0.2+4.2-0.2+4.6

Next day

+3.2+0.7+2.5+0.0+3.2

+3.5+0.5+3.0-0.1+3.6

+9.4+0.1+9.3-0.3+9.7

+9.3+1.2+8.1-0.1+9.4

+3.4+0.4+3.0-0.5+4.0

-3.6-0.9-2.8-1.9-1.7

15d

-5.1-1.1-4.0-4.4-0.8

-11.1-2.7-8.4-6.1-5.0

-13.0-6.3-6.6-8.3-4.7

-16.3-11.7-4.6-15.7-0.6

UpDownMarket · Nifty Microcap 250Sector · Chemicals & Petrochemicals peers, median of 193Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Premier Explosives has received domestic orders worth INR 429.56 crore, including GST, from the Ministry of Defence for supplying chaffs and flares. The Indian Air Force is identified as the awarding entity, and delivery is to be completed within 12 months.

Likely market impact

Adds to near-term revenue visibility and order backlog, subject to timely execution over the next 12 months.