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Cranex rises on bagging order worth Rs 1.87 crore from Eastern Railway

28 Aug 2026 Evaluate

Cranex is currently trading at Rs. 79.90, up by 1.56 points or 1.99% from its previous closing of Rs. 78.34 on the BSE.

The scrip opened at Rs. 80.29 and has touched a high and low of Rs. 80.29 and Rs. 79.90 respectively. So far 25 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 114.00 on 01-Jul-2026 and a 52 week low of Rs. 56.00 on 22-Jan-2026.

Last one week high and low of the scrip stood at Rs. 88.40 and Rs. 78.00 respectively. The current market cap of the company is Rs. 62.83 crore.

The promoters holding in the company stood at 47.70%, while Institutions and Non-Institutions held 0.28% and 52.02% respectively.

Cranex has received a Letter of Award (LoA) worth around Rs 1.87 crore from Eastern Railway, C.W.M. Liluah, West Bengal. The LoA is for goods, supply, installation and commissioning of Traverser (Surface Type) - 80 TON. The order is to be executed by May 25, 2027.

Earlier, the company had received a LoA for new order aggregating to around Rs 1.02 crore from North Central Railway, Jhansi.

Cranex is one of the leading crane manufacturers. The company specializes in the design & manufacture of high-tech Cranes for strategic defence installations, nuclear and space installations, besides railways, power plants and other very high-priority Govt. projects.


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