Bengaluru, July 10 -- The shares of a defence-focused company, engaged in manufacturing industrial explosives and detonators, and offering O&M services for ISRO and DRDO solid propellant plants, rose over 3% after it announced a major amendment to a purchase order.

With a market capitalization of Rs 2,986 Crores, the share price of Premier Explosives Limited was trading over 3% up to hit an intraday high of Rs 571.70 per share from its day low price of Rs 553.55 per share.

What's the News Premier Explosives Limited announced an amendment to an existing international order for the manufacture and supply of defence products, with the contract value increased from Rs 6.62 crore to Rs 18.29 crore.

The upgraded order is expected to be exec...