MoneyWorks4Me

Pennar Industries bags orders worth Rs 302 crore across its business verticals

05 Dec 2019 Evaluate

Pennar Industries has bagged orders worth Rs 302 crore across its business verticals during the month of November 2019. The Railways division received orders from customers such as Integrated Coach Factory, MCF, TI, Universal Engineering and Texmaco. The Pre-engineered building division received orders for construction of Warehouses and factory buildings from Coromandal, Ambuja Cement, Antkrish Group, RKS builders, Chettinadu builders.

Further, the Steel division has received orders from Thermax, IFB, Toshiba, LG Balakrishnan, Steel Mart, Schaeffler and others. The Industrial component vertical has received orders from Emerson, Endurance, Tecumseh, Yamaha, Ashok Leyland, IFB, WABCO, Kone, Fujitech and others. The Enviro division has received orders from Oriental Carbon, Cinda Engineering and others.

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 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 724.60
APL Apollo Tubes 2115.85
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