Pennar Industries zooms on bagging orders worth Rs 538 crore

19 Aug 2019

Pennar Industries is currently trading at Rs. 28.05, up by 1.90 points or 7.27% from its previous closing of Rs. 26.15 on the BSE.

The scrip opened at Rs. 26.25 and has touched a high and low of Rs. 28.95 and Rs. 25.95 respectively. So far 43396 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 48.50 on 23-Aug-2018 and a 52 week low of Rs. 23.25 on 08-Aug-2019.

Last one week high and low of the scrip stood at Rs. 28.95 and Rs. 24.15 respectively. The current market cap of the company is Rs. 427.36 crore.

The promoters holding in the company stood at 35.24%, while Institutions and Non-Institutions held 21.65% and 43.11% respectively.

Pennar Industries has bagged orders worth Rs 538 crore during the months of June and July 2019 across its various business verticals. The company has received orders across business verticals including the Railways business, Pre-engineered building division, Tubes division, Industrial Components division, Environmental and Water Treatment division.

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.

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Pennar Industries Share Price

20.50 -0.20 (-0.97%) Mar 08, 18:37
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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