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Pennar Industries bags orders worth Rs 682 crore

08 May 2023 Evaluate

Pennar Industries has bagged orders worth Rs 682 crore across its various business verticals includes PEB; Ascent Buildings, USA, ICD; Railways; Tubes; and Steel. The said orders 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 1227.10
Tata Steel 175.50
Steel Authority 174.50
Jindal Stainless 732.35
APL Apollo Tubes 2120.65
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