About Me

My photo
An Investor and counsellor in Financial Market

Thursday, November 20, 2014

Insites for Premier Explosive

The Indian explosives industry is fragmented with around 45 units and around 10 major manufacturers Premier Explosives is the 6th largest manufacturer of explosives with around 5% market share.

PEL caters to all mining sectors like Iron Ore, Limestone, coal etc.It is the only private sector entity manufacturing solid propellants & other specialized products for the defence sector.

It is the first company in the world to produce safer and greener Nickel Hydrazine Nitrate detonators on commercial scale replacing Lead Azide, Lead Styphnate and Aluminum Powder detonators.

PEL is operating and maintaining a State-of-Art Chemical Manufacturing facility of Indian Space Research Organisation ISRO at Sriharikota and Solid Fuel Complex of Advanced Systems Laboratory at Jagdalpur.

Presently, co has 4 main divisions:-

  1. Commercial Explosives
  2. Detonators & Accessories
  3. Special Products Division – Solid Propellants
  4. Service Contracts – ‘Operation & Maintenance’ Contracts.


Considering the growth in Defence, mining and Solar industries we will be seeing the Target of Rs. 500 in 2 years.

OUR PREMIUM MEMBERS BUYING PRICE IS RS.200 AND ARE ALREADY GETTING 25% IN ONE MONTH. 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.