India's Premier Explosives drops after SEBI inquiry on insider trading

About this update from Premier Explosives Limited

** Shares of India's Premier Explosives NSE:PREMEXPLN drop 6.3% to 581 rupees** Stock on track for a third consecutive session of losses** Co receives inquiry from Securities and Exchange Board of India (SEBI) on November 3 about suspected insider trading ** Co says it will respond to SEBI within the prescribed timeline** YTD, PRMR stock has climbed 11%

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