Five companies across defence, IT services, recycling, and infrastructure consultancy sectors announced significant contract wins ranging from ₹3.30 crores to ₹32.00 crores, highlighting diverse business opportunities amid positive market conditions. The broader market remained buoyant with benchmark indices showing strong gains during the trading session.

Premier Explosives Wins International Defence Contract

Premier Explosives Limited secured a substantial international purchase order worth USD 1,928,000, approximately ₹17.68 crores, for rocket motor supply. The contract requires delivery within a 12-month timeframe, strengthening the company's international defence portfolio.

Premier Explosives operates as a defence and industrial explosives manufacturer, specializing in high-energy materials and solid propellants for defence, space, mining, and infrastructure applications.

IT and Infrastructure Sector Contract Wins

Sahana Systems Limited secured the largest contract among the announcements, winning a ₹24.76 crore order from RailTel Corporation of India Limited. The three-year agreement encompasses AI-enabled video surveillance, CCC upgradation, Port GPT implementation, and predictive analytics services, along with data centre infrastructure deployment.

Monarch Surveyors and Engineering Consultants Limited won a ₹3.30 crore consultancy contract from National Highways & Infrastructure Development Corporation Limited. The project involves DPR preparation and pre-construction services for NH-08 upgrades in Tripura, with Monarch holding a 51% stake in the joint venture arrangement.

Recycling and Long-term Infrastructure Projects

Baheti Recycling Industries received the highest-value contract at ₹32.00 crores from Arcelor Mittal Nippon Steel India Private Limited for aluminium deoxidants supply. The work order requires completion within 90 days, demonstrating the company's capability in the circular economy space.

Artefact Projects Limited secured a ₹7.77 crore consultancy contract from the National Highways Authority of India for a 60-month tenure. The project involves serving as Independent Engineer for NH-16 operations and maintenance in Andhra Pradesh, covering highway widening, bypass development, and Krishna River bridge construction.

Market Context and Sector Performance

These contract announcements occurred during a positive trading session, with Sensex gaining 873.55 points (1.06%) to reach 82,783.18 and Nifty rising 278.25 points (1.10%) to 25,435.75. The market momentum supported investor sentiment across defence, technology, recycling, and infrastructure consulting sectors, reflecting diverse economic opportunities and sustained business activity across multiple industries.

Premier Polyfilm Ltd shares surged to hit a 20% upper circuit, currently trading at ₹48.94 per share, up from the previous close of ₹40.79. The strong market response follows the company's impressive Q3 FY26 financial results, which showcased robust growth across key performance metrics.

Strong Year-on-Year Performance in Q3 FY26

The company delivered exceptional year-on-year growth in the December 2025 quarter compared to Q3 FY25. The financial performance demonstrates the company's strong operational momentum across all key metrics.

Sequential Quarter Growth Trends

Premier Polyfilm also reported steady sequential growth in Q3 FY26 compared to Q2 FY26, indicating consistent operational improvement throughout the fiscal year.

Business Profile and Market Position

Premier Polyfilm Ltd operates as a leading Indian manufacturer specializing in PVC flooring, artificial leather, and specialty PVC films and sheets. The company serves diverse industries including:

• Automotive and transport sectors
• Healthcare industry
• Construction and interiors
• Swimming pool and geomembrane applications

The company's product portfolio includes artificial leather, PVC flooring, self-adhesive films, geomembranes, swimming pool liners, and noise barrier solutions.

Financial Health and Valuation Metrics

Premier Polyfilm demonstrates strong financial fundamentals with impressive profitability ratios. The company maintains a ROCE of 29.90% and ROE of 24.40%, reflecting efficient capital utilization and strong returns to shareholders.

Stock Performance Overview

Despite the recent surge, Premier Polyfilm shares have experienced mixed performance over different time horizons. The stock has declined 35% over the past year and fallen 7.50% in the last six months. However, the company has shown a strong rebound with a 17% gain in the past month, culminating in the current 20% upper circuit move following the quarterly results announcement.