MoneyWorks4Me

Pennar Industries bags order worth Rs 582 crore across various business verticals

17 Dec 2021 Evaluate

Pennar Industries has bagged orders worth Rs 582 crore across its various business verticals. The Pre- Engineered Building vertical received orders for construction of manufacturing facilities, warehouses, Solar P V Modules, Structural Steel, from customers like Ultratech Cement, Shri Digvijay Cement, Matrix Structure, Lodha Group among others.

The Solar Module vertical has received orders from Anantapur Energy Products, Eveready Group among others. The Railways vertical has received orders from Wabtech, Dynamic, Orbinox, ICF, SCR, and TI Metal among others.

The Industrial Components vertical has received orders from Emerson, Endurance, Haldex, AASA, Wabco, Tecumseh, INEL, Elkhart, Venus, SI Airspring among others. The Steel vertical has received orders from Zetwerk Manufacturing, Saint Gobain, Thermax, LG Balakrishnan, Schaeffler India, Toshiba Transmission among others. Pennar’s US subsidiaries have booked orders worth Rs 186 crore from customers like James Hardie, Aspyre Design and Indian Creek Movie Studios.

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
View more..