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Pennar Industries shines as its arm secures orders worth Rs 50 crore

24 Jul 2013 Evaluate

Pennar Industries is currently trading at Rs. 24.45, up by 0.15 points or 0.62% from its previous closing of Rs. 24.30 on the BSE.

The scrip opened at Rs. 24.50 and has touched a high and low of Rs. 24.70 and Rs. 24.10 respectively. So far 37,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 30.00 on 24-Jul-2012 and a 52 week low of Rs. 24.00 on 25-Mar-2013.

Last one week high and low of the scrip stood at Rs. 25.10 and Rs. 24.15 respectively. The current market cap of the company is Rs. 298 crore.

The promoters holding in the company stood at 40.07% while Institutions and Non-Institutions held 29.8 % and 30.06% respectively. Pennar Industries’ subsidiary- Pennar Engineered Building Systems (PEBS Pennar) has secured orders from Shapoorji Pallonji & Co, Gland Pharma, Indian Logistics and Volvo India, and other projects worth Rs. 50 Crore 

The company has received first order from Shapoorji Pallonji &Co for a site building at Tumkur, near Bangalore, Karnataka. The total area of the building is 3,900 sqm. The company has received second order from Gland Pharma for a warehouse building near Hyderabad. The total area of the building is 4,900 sqm. The company has received third order from Indian Logistics for a warehouse building at Bhiwandi, Maharashtra. The total area of the building is 16, 00,000 sft. The company has received fourth order from Volvo India, for five projects. The new orders include a renovation building, DG room with pipe rack and supply of additional materials for the extension of two existing buildings. The project site is near Hoskote, Kolar Road, and Karnataka.

Pennar Industries is engaged in the manufacturing of Cold Rolled Steel Strips (CRSS) and value-added products under Cold Rolled Formed Sections (CRFS) like precision tubes, engineered components, road safety systems, parts of railway coaches and Electro Static Precipitators (ESP).

Pennar Industries Share Price

168.00 -3.55 (-2.07%)
24-Apr-2026 11:55 View Price Chart
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