Premier Explosives Stock Falls 7% Despite Reporting 78% YoY Increase in Net Profit; Here's Why
India, June 1 -- The share of this company, which Indian manufacturer of high-energy materials, specializing in solid propellants, explosives, and detonators for the defense, space, and mining sectors, gained focus after posting Q4 numbers.
With a market capitalization of Rs 3,533 crore, Premier Explosives Ltd's share on Monday made a day low of Rs 641.05 per share, down by 7.2 percent from its previous day's close price of Rs 691.25 per share. The share of the company gave a return of 15 percent in the last year.
Results Overview
QoQ View: The revenue from operations grew by 9.6 percent to Rs 89.21 crore in Q4 FY26 from Rs 81.41 crore in Q3 FY26, while EBITDA dropped by 102.7 percent to a loss of Rs 0.32 crore in Q4 FY26 from a profit ...
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