Pennar Industries is currently trading at Rs. 23.60, up by 1.65 points or 7.52% from its previous closing of Rs. 21.95 on the BSE.
The scrip opened at Rs. 22.20 and has touched a high and low of Rs. 24.30 and Rs. 22.05 respectively. So far 70,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 29.00 on 14-Jan-2013 and a 52 week low of Rs. 18.25 on 24-Dec-2013.
Last one week high and low of the scrip stood at Rs. 22.90 and Rs. 21.50 respectively. The current market cap of the company is Rs. 286 crore.
The promoters holding in the company stood at 40.59% while Institutions and Non-Institutions held 30.20% and 29.21% respectively.
Pennar Industries’ subsidiaries of Hyderabad based- Pennar Engineered Building Systems and Pennar Enviro have received orders worth Rs 70 crore. The company has received orders from NTPC, JSW, JBF, Texpin Bearings, Frontier Sales, Saraf agencies.
The company has received first order from NTPC for a 50 MW solar power plant in Singrauli, MP. The company has received Second Order from JSW (Dolvi), for the Design, Supply, Erection and Commissioning of STP using membrane bio reactor technology. The company has received third Order from JBF for the process design, detail engineering, procurement and upply , erection and commissioning of a demineralization plant of 5.5 MLD capacity in Mangalore. The company received fourth Order from Texspin Bearings for a factory building, near Ahmedabad. The total area of the building is 14, 545 Sqm. The company has received fifth Repeat order from Frontier Sales, Guwahati for pre engineered buildings. The company has received final order from Saraf Agencies covering a building of 19,123 Sqm for a manufacturing plant in Orissa.
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 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).
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