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Pennar Industries bags orders of Rs 511 crore

08 Sep 2022 Evaluate

Pennar Industries has bagged orders worth Rs 511 crore across its various business verticals. The said orders has been secured across company’s verticals namely, PEB, Ascent Buildings, USA, ICD, Railways, Tubes, and Steel. The orders have been received during the months of July and August 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 1251.20
Tata Steel 169.50
Steel Authority 161.20
Jindal Stainless 683.10
APL Apollo Tubes 2199.85
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