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MoneyWorks4Me

Pennar Industries bags orders worth Rs 306 crore

23 Aug 2018 Evaluate

Pennar Industries has bagged orders worth Rs 306 crore across its various verticals during its normal course of business. These order values ranging from Rs 3.5 crore to 40 crore towards its various verticals like Building Products in CRFS Vertical, Solar and CRSS products.

The company has received these orders from new customers and also there were substantial repeat orders which showed that the Company enjoys a healthy relationship with its wide Customer base.

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 1251.20
Tata Steel 169.50
Steel Authority 161.20
Jindal Stainless 683.10
APL Apollo Tubes 2199.85
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