SYNOPSIS:
Premier Explosives received a notice from SEBI seeking information and documents related to a suspected insider trading inquiry in its shares. The company will respond within the prescribed timeline.
During Thursday’s trading session, shares of a company involved in the manufacturing of industrial explosives and detonators tumbled nearly 7.3 percent on BSE, after receiving a communication from the Securities and Exchange Board of India (SEBI) regarding an inquiry into insider trading.
At 02:23 p.m., shares of Premier Explosives Limited were trading in red at Rs. 578 on BSE, down by around 7 percent, compared to its previous closing price of Rs. 621.2, with a market cap of Rs. 3,107.4 crores. So far in 2025, the stock has delivered positive returns of more than 6 percent, but has fallen by nearly 10 percent in one month.
What’s the News
According to the latest regulatory filings with the stock exchanges, Premier Explosives Limited has received a communication dated 3rd November 2025, from the Securities and Exchange Board of India (SEBI), seeking information/documents in connection with an inquiry into suspected insider trading in the company’s shares. The company stated that it will submit its response to SEBI within the prescribed timelines.
Additionally, Premier Explosives Limited informed that its Board of Directors will meet on 13th November 2025, to consider and approve the financial results for Q2 and H1 FY26.
Financials & More
Premier Explosives reported a significant growth in its revenue from operations, showing a year-on-year increase of nearly 71 percent from Rs. 83 crores in Q1 FY25 to Rs. 142 crores in Q1 FY26. Similarly, its net profit more than doubled during the same period from Rs. 7 crores to Rs. 15 crores, representing a rise of more than 114 percent YoY.
As of Q1 FY26, the company’s order book stood at Rs. 988.5 crores – roughly 2.4 times its annual revenue of FY25. Of this, 87 percent originated from the Defence segment, 7 percent from Explosives, and the remaining 6 percent from the Services segment.
Premier Explosives Limited is engaged in the business of manufacturing high-energy materials like bulk explosives, packaged explosives, detonators, detonating fuse, solid propellants, pyrogen igniters, pyro devices, etc., having applications in mining, infrastructure, defence, space, homeland security and such other areas. It also operates and maintains solid propellant plants of defence and space establishments.
Written by Shivani Singh
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