The stock is up by 28 per cent from its 52-week low of Rs 263.11 per share and gave multibagger returns of over 1,700 per cent in 5 years.

The stock gave multibagger returns of 124 per cent from its 52-week low of Rs 253.74 per share and a whopping 1,900 per cent in 5 years.

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 236 per share and a whopping 1,350 per cent in 3 years

Trading volume in this defence stock surged by 9.45 times on the BSE today.

It is the only qualified Indian company for countermeasures and the only Indian company involved in the export of fully assembled rocket motors.

It is the only qualified Indian company for countermeasures and the only Indian company involved in the export of fully assembled rocket motors.

First to manufacture explosives and detonating fuses with indigenous technology, and also the first to produce solid propellants for missile programs.

First to manufacture explosives and detonating fuses with indigenous technology, and also the first to produce solid propellants for missile programs.

The shares of the company have delivered a return of around 754 per cent to its shareholders in just 1 year only.

The stock gave multibagger returns of 590 per cent in just 1 year and a whopping 2,000 per cent in 3 years.

The shares of the company saw a spurt in volume by more than 2.28 times on BSE.

As of March 2024, Chirag Dilipkumar Lakhi – son of Dilipkumar Lakhi owns a 1.79 per cent stake and Atim Kabra owns a 1.78 per cent stake in the company.

Additionally, the company’s order book stands at Rs 1,108 crore which is 5.50 times of FY23 revenue. Out of the total order book, 87 per cent of orders are domestic orders and 13 per cent are export orders. Order Inflow in YTD FY24 stands at Rs 725 crore. These include orders from BDL, L&T and MoD (IAF) to be executed over the next 12-24 months. working towards securing more orders in defence and explosive segments.

In a single day, the company received an order worth Rs 552 crore, which is equivalent to 2.73 times its total sales for the fiscal year 2023. 

Premier Explosives Limited is engaged in the manufacturing of industrial explosives and detonators. It also undertakes operation and maintenance (O&M) services of solid propellant plants at the Srihari Kota Centre of ISRO and the solid fuel complex at Jagdalpur under the umbrella of DRDO. The company has a market cap of Rs 527.56 crore and reported amazing numbers in its quarterly results (Q4FY23) and annual results (FY23).

The company has a market cap of Rs 500.68 crore. Talking about the financials, the company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23).  The company has maintained a healthy dividend payout of 18.0 per cent and a 3-year CAGR of 82 per cent.

The company has a market cap of Rs 500.68 crore. According to the financials, the company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23).  The company has been maintaining a healthy dividend payout of 18.7 per cent and has a 3-year CAGR of 82 per cent.

On a weekly basis, Midcap and small cap indices gained more than 2 per cent each as midcap names from banking and technology took the front seat.