Hyderabad, September 17, 2025: Premier Explosives Limited’s share price is witnessing a heavy rally today, on September 17, after the company announced that the Telangana Pollution Control Board (TGPCB) has allowed the company to resume operations at its Katepally factory. As of 12:00 PM, the shares were up by 6.07%, or 33.20 points, and were trading at ₹579.85. Until now, the shares have traded within a range of ₹605.00 and ₹555.05. The current traded volume stands at 44.89 lakh shares, with the current market cap at ₹2,939 crore. The shares have their 52-week high at ₹667.20 (06-Jun-2025) and their 52-week low at ₹309.15 (03-Mar-2025).
Premier Explosives Limited is an Indian company that is engaged in the manufacturing of high-energy materials, including explosives and defence products. It was established on 12th August 1980 and has its headquarters in Hyderabad, Telangana, India. Its NSE symbol is PREMEXPLN, while its BSE code is 526247.
Telangana Regulator Clearing Plant Operations
The significant rally comes after the company announced that the Telangana Pollution Control Board (TGPCB) has allowed the company to resume operations at its Katepally factory. The resumption order comes after the regulator previously ordered the company to close the operations at its factory. Tgpcb communicated the resumption order yesterday, revoking its April 29 order for the closure. The company also communicated that it will comply with all the conditions laid down by TGPCB to ensure safe operations at the factory.
The resumption order will help Premier Explosives to ensure smooth operations and add to its revenue as we advance. The resumption order is fueling investor demand, and the shares are expected to close in the green today.
REF: https://nsearchives.nseindia.com/corporate/PREMEXPLN_16092025173243_BSENSERevocationOrderTPCB16092025.pdf
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