MoneyWorks4Me

Pennar Industries bags orders worth Rs 202 crore

14 Mar 2017 Evaluate

Pennar Industries has bagged various orders worth Rs 202 crore across its business units. The company has bagged the orders under Railway Products, Solar Products, Precision Tubes, Industrial Components and Steel Products business units. Further, the company has entered into Defence products and received first order from ordinance factory. It has also received orders from JSW Steel in Engineering Services division.

Pennar is one of India’s leading industrial organizations offering specialized, engineering steel solutions. The company is a multi-location, multi-product company manufacturing cold rolled steel strips & tubes, cold rolled formed sections, electrostatic precipitators, pre-engineered building systems, sheet metal components and road safety systems.

Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 724.60
APL Apollo Tubes 2115.85
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