Shares of smallcap company Premier Explosives hit a record high on Wednesday. On Wednesday, the company’s shares rose over 7 percent to Rs. 4158.55 was reached. Shares of Premier Explosives hit a fresh 52-week high. Shares of the company have jumped 95% in 9 days. Shares of Premier Explosives on June 5, 2024 at Rs. 2134.70, which on June 19 was Rs. 4158.55 was reached.
The company divides its shares into 5 pieces
Premier Explosives is splitting its shares in the ratio of 1:5. Small Cap Company Rs. 10 face value shares at Rs. Dividend into 5 shares of face value of 2 each. The record date for the stock split is June 21, 2024. Premier Explosives is splitting its shares for the first time. The company’s stock has gained more than 37% in the last 5 days before the stock split.
Shares of the company have increased by more than 800% in 1 year
Shares of Premier Explosives have seen a rapid rise in the past one year. Shares of the smallcap company have gained more than 815% in the last one year. Shares of Premier Explosives on June 19, 2023 at Rs. were at 444.10. Shares of the company have touched Rs 4158.55 on June 19, 2024. The company’s stock has a 52-week high of Rs 4158.55. At the same time, the company’s shares hit a 52-week low of Rs 1268.70.
Sachin Tendulkar owns 4 lakh shares of this company, share price increased by 275% in 6 months
Shares surged over 150% in six months
Shares of Premier Explosives have seen an increase of over 150% in the last 6 months. On 19 December 2023, the shares of the company were Rs. 1625.95, which on 19 June 2024 was Rs. 4158.55 was reached. The company’s stock has seen a jump of almost 200% in the last 3 months. During this period, the shares of the company have increased from Rs 1380.20 to Rs 4100.