Premier Explosives shares rally 10% on signing MoU to form JV in defence and aerospace
After Premier Explosives signed a Memorandum of Understanding (MoU) with Global Munition, a division of NIBE Ordnance and Maritime, to establish a joint venture to produce defence and aerospace goods, the company’s shares jumped 10% on Monday to Rs 568.20 on the BSE. In a Friday market filing, the business stated that the joint venture…