Support and Resistance Levels
Past performance
About Premier Explosives Ltd Premier Explosives Limited, founded in 1980, specializes in high-energy materials for sectors like defense, space, mining, and infrastructure. The company initially produced slurry explosives and has expanded its offerings to include bulk and packaged explosives, detonators, and blasting accessories. Premier Explosives is notable for manufacturing solid propellants for various rockets and missiles, including Pinaka, Astra, Akash, and Agni, as well as components for satellite launchers. It also produces defense and space-related products such as chaff, IR flares, and pyro devices.
The company has evolved from an ancillary unit to a key supplier for organizations like Coal India and Neyveli Lignite. It diversified into agriculture by producing white button mushrooms for export, leveraging tax advantages through a 100% EOU in Andhra Pradesh. Premier Explosives has expanded its industrial footprint with plants in Madhya Pradesh and Maharashtra and ventured into rock blasting and drilling services. Its recent advancements include the commissioning of the Katepally Greenfield Project and a wind mill in Tamil Nadu.