Pennar Industries is currently trading at Rs. 59.20, up by 2.50 points or 4.41% from its previous closing of Rs. 56.70 on the BSE.
The scrip opened at Rs. 56.95 and has touched a high and low of Rs. 59.70 and Rs. 56.25 respectively. So far 319329 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 59.70 on 17-Aug-2017 and a 52 week low of Rs. 39.50 on 21-Nov-2016.
Last one week high and low of the scrip stood at Rs. 59.70 and Rs. 46.85 respectively. The current market cap of the company is Rs. 696.82 crore.
The promoters holding in the company stood at 36.36%, while institutions and non-institutions held 19.80% and 43.84% respectively.
Pennar Industries and its subsidiaries have bagged orders worth Rs 252 crore across its business units. The company has received order for coaches from Integral Coach Factory and Modern Coach Factory and also received orders for Module Mounting Structures from Tata Power, L&T, Sterling & Wilson, Sri Chakra Cement among others. The company has secured export order for CDW tube from USA & European clients and also received repeat orders for Hydraulics from Bailey and BEML.
Moreover, the company has secured orders for Building Components from Tata Projects, L&T, Elecon, SNC, Megha Engineering, NTPC, Shapoorji & Pallonji. It also won work for Collecting Electrodes from GE Power. Also, the company has got orders for Automobile products from VECV, Prabha Auto and Sheet Piles from RR constructions, Balaji Impex and others.
Further, the company’s subsidiary Pennar Engineered Building Systems has received orders for factory building from JSW cement, CFCL, & Welspun India and also got order for automotive plant from KIA motors. It also bagged order for multi storey building from Phoenix.
The company’s another arm Pennar Enviro has received general engineering and procurement order from Avasarala Technologies. It also received order for supply of clarifiers from Dossan Hydro.
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.
| Company Name | CMP |
|---|---|
| JSW Steel | 909.05 |
| Tata Steel | 174.80 |
| SAIL | 169.45 |
| Jindal Stainless | 704.30 |
| APL Apollo Tubes | 1696.80 |
| View more.. | |
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