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Pennar Industries bags orders worth Rs 702 crore

14 Aug 2023 Evaluate

Pennar Industries has bagged orders worth Rs 702 crore across its various business verticals including 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 1251.20
Tata Steel 169.50
Steel Authority 161.20
Jindal Stainless 683.10
APL Apollo Tubes 2199.85
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