The share touched its 52-week high Rs 280.05 and 52-week low Rs 150 on 21 November 2018 and 08 August 2019, respectively
The shares price of Premier Explosives surged 8.5 percent intraday on August 30 after the company received a license from the chief controller of explosives.
The company has received the license from the chief controller of explosives, Nagpur to manufacture solid propellant at its factory situated at Katepally, near Hyderabad, the company said in a BSE release.
This new license will enable the company to manufacture solid propellants of larger size at our greenfield project.
Premier Explosives was quoting at Rs 172.70, up to Rs 9.45, or 5.79 percent on the BSE.
The share touched its 52-week high Rs 280.05 and its 52-week low Rs 150 on 21 November 2018 and 08 August 2019, respectively.
Currently, it is trading 38.33 percent below its 52-week high and 15.13 percent above its 52-week low.
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