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Pennar Industries bags orders worth Rs 688 crore

11 Jul 2022 Evaluate

Pennar Group has bagged orders worth Rs 688 crore across its various business verticals. The company has received orders in various verticals such as steel, tubes and railways. The above orders have been received during the months of April, May and June 2022 and are expected to be executed within the next two quarters.

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 179.10
Steel Authority 174.00
Jindal Stainless 732.40
APL Apollo Tubes 2119.90
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