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Pennar Industries, subsidiaries bag orders worth Rs 347 crore

11 May 2018 Evaluate

Pennar industries and its subsidiaries have received major orders worth Rs 347 crore across its business units. The company’s subsidiary - Pennar Engineered Building Systems has received order from various clients MRF, GMR, Neel Metal etc.

Pennar Industries 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 1227.10
Tata Steel 175.50
Steel Authority 174.50
Jindal Stainless 732.35
APL Apollo Tubes 2120.65
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