SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Pennar Industries receives Rs 50 crore worth multiple orders

23 Apr 2013 Evaluate

Pennar Industries has received orders worth Rs 50 crore for Cold Formed Profiles, Tubes and Engineered Components. The orders received from Integral Coach Factory, Chennai, a unit of Indian Railways was for supply of railway coach sections and sub assemblies, while from Texmaco, a Heavy Engineering and Steel Foundry products, was for Rail Wagons.

Meanwhile, the company bagged an order from J Kumar Infra Projects (Mumbai), for sheet piles; supplies to be sent to Delhi Metro Rail.  ALF Engineering, a leading OE manufacturer of automotive Chassis, placed the order for the supply of tubes for M&M body frames.

Additionally, order received from IVRCL (Pune), an engineering procurement and construction company, was for Deck Sheets for power projects and finally, IJM (India) Infrastructure a Malaysian Multinational, also placed order for safety barriers for their Vijayawada Road Project.

Pennar Industries is one of India’s leading industrial companies engaged in the production and marketing of specialized engineered steel solutions. The Company has a strong presence across growth sectors in India through four operating divisions, Engineered Products, Cold Rolled Steel Strips, Heavy Engineering Products and Infrastructure Products, and a subsidiary company, Pennar Engineered Building Systems.

Pennar Industries Share Price

168.25 -7.05 (-4.02%)
20-Apr-2026 15:31 View Price Chart
Peers
Company Name CMP
Tata Steel 212.00
JSW Steel 1279.00
SAIL 172.90
Jindal Stainless 789.30
APL Apollo Tubes 2139.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×