MoneyWorks4Me

Pennar Industries’ arm's order book rises to Rs 260 crore

07 Dec 2011 Evaluate

Pennar Engineered Building Systems (PEBS Pennar), a subsidiary of Pennar Industries has secured orders worth Rs 50 crore in November 2011 taking the order book to Rs 260 crore as of December 1, 2011.

The orders were secured from Ultratech Cements, Indian Logistics Group, Gammon India, L&T, Jampana Construction (Heavy Vehicle Factory, Avadi). Pennar will design, manufacture and install custom made pre-engineered buildings for factories and warehouses for the above customers.

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).

Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 723.10
APL Apollo Tubes 2115.85
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