New Delhi, Sept. 11 -- Premier Explosives share price jumped over 4% in early trade on Thursday after the company announced receipt of an order from the Ministry of Defence. The defence stock rallied as much as 4.14% to Rs.551.85 apiece on the BSE.

Premier Explosives announced that it has received an order for an amount of Rs.7.83 crore from the Ministry of Defence, Government of India, for procurement of Counter Measures.

The order is to be delivered within a period of 12 months, it said in a regulatory filing on September 10.

Premier Explosives is a manufacturer of industrial explosives and detonators, and also undertakes operation and maintenance (O&M) services.

Premier Explosives share price has rallied 25% in one month, but has f...