India, June 3 -- Shares of a small-cap company specialising in the manufacturing of industrial explosives and detonators surged nearly 3 percent on Tuesday, after the Telangana Pollution Control Board revoked the closure of its Katepally factory.

With a market cap of Rs. 3,138.6 crores, the shares of Premier Explosives Limited closed in the green at Rs. 583.8 on BSE, up by nearly 2 percent, as against its previous closing price of Rs. 571.8. The stock has delivered positive returns of around 11 percent in one year, and has gained by over 42 percent in the last one month.

What's the News According to the latest regulatory filings submitted to the stock exchanges, Premier Explosives Limited announced that it has received an order from Tel...