Lenders would recover about one-fifth of their dues following the sale of the company, said people aware of the matter. Nearly 92% of the lenders by value voted in favour of Fab Metals plan early this week. The engineering company has proposed to make payments to lenders within 90-days of the plan b…

Premier Ltd, the maker of popular Padmini cars, to be acquired by Fab Metals under insolvency process

D B Realty Ltd, Premier Ltd, Coffee Day Enterprises Ltd and Bhatia Communications & Retail (India) Ltd are among the other losers in the BSE’s ‘B’ group today, 26 August 2021.

Gala Global Products Ltd leads losers in ‘B’ group

N K Industries Ltd, Krishna Institute of Medical Sciences Ltd, Starlit Power Systems Ltd and Dynamatic Technologies Ltd are among the other gainers in the BSE’s ‘B’ group today, 11 August 2021.

Premier Ltd leads gainers in ‘B’ group

A trade union representing 200 employees of Premier Ltd. had sought enforcement of MHA’s March 29 order on wage payments.

Full Wages Only For Employees On Duty Before Lockdown, Says Bombay High Court

A bench of Justices Ujjal Bhuyan and Riyaz Chagla said on Monday this while hearing two writ petitions filed by Premier Ltd, a heavy machinery manufacturing company from Pune in Maharashtra, and its employees union.

Centre’s order to pay full wages to workers can’t be for those unpaid before lockdown: HC - The Economic Times

Corporation Bank has filed with NCLT Mumbai a bankruptcy case against Premier Ltd to recover dues of ₹52 crore

Fiat Padmini long gone, Premier Ltd now faces bankruptcy

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Premier Limited is engaged in engineering and manufacturing of machine tools, CNC machines and special purpose machines.

Premier Ltd