Premier Explosives, a manufacturer of high-energy materials, saw its shares increase by 8% to ₹537.90 after announcing a significant international defence order valued at ₹350.23 crore. This contract, awarded by a foreign client, is set to be executed over the next two years, enhancing the company's presence in the global defence sector. However, the company also disclosed the cancellation of another international order for defence explosives due to the non-receipt of an export license from the Government of India. Despite this setback, Premier Explosives stated that the cancellation would have a negligible impact on its financial performance. In its latest financial report, the company revealed a 34.1% decline in consolidated net profit to ₹6.08 crore, alongside a 50.9% decrease in revenue from operations, which stood at ₹81.41 crore for Q3 FY26 compared to the same period last year.