Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Stock Report

| More

Pennar Group bags orders worth INR 181 crore

Posted On: 2018-09-21 17:35:09

Pennar Group, a leading value-added engineering products and solutions company, has bagged orders worth INR 181 crores across its various verticals and subsidiary company.

The Group's flagship company Pennar Industries Limited (PIL) received multiple orders aggregating INR 131 crore across its business verticals such as building products, railways, solar, tubes, industrial components, etc. These orders were received from PIL's long standing customers including Thermax, Mahindra, L&T, Endurance Technologies and Yamaha India.

Pennar Engineered Building Systems (PEBS), a leader in pre-engineered buildings and a PIL subsidiary, received multiple orders aggregating INR 50 crore for its various products such as pre-engineered warehouses, factory buildings and solar structures from customers such as Promeo Therapeutics, Aequs SEZ, Dongyang Engineering, My Home Constructions, etc.

Commenting on the recent wins, Mr. Aditya Rao, Vice Chairman & Managing Director, Pennar Industries Limited said, "We are witnessing sustained order inflows across our business verticals. The current business wins follow the orders worth INR 514 crore that we bagged in August 2018. Pennar makes value-added engineered products that have critical applications in multiple growth sectors. We are pretty excited with the business traction and expect the momentum to continue during the coming quarters of FY19."

Shares of Pennar Engineered Building Systems Ltd was last trading in BSE at Rs.56.55 as compared to the previous close of Rs. 59.65. The total number of shares traded during the day was 9431 in over 122 trades.

The stock hit an intraday high of Rs. 64 and intraday low of 56.1. The net turnover during the day was Rs. 562407.

Shares of PENNAR INDUSTRIES LTD. was last trading in BSE at Rs.41 as compared to the previous close of Rs. 43.35. The total number of shares traded during the day was 53648 in over 477 trades.

The stock hit an intraday high of Rs. 44.2 and intraday low of 39.1. The net turnover during the day was Rs. 2248876.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

V2 Retail Ltd announces resignation of CEO

Dynamic Industries Ltd board to consider divestment of subsidiary

Sonata Software makes Strategic Investment in Retail10X

Karnataka Bank reports Rs. 13.26 crore fraud to RBI

CCL Products India Ltd board declares interim dividend of Rs. 1.75

Sri KPR Industries Ltd board to consider sale of 1.5 MW wind mill unit

Vikas WSP Ltd receives export orders aggregating Rs. 176.84 crore

International Paper APPM Ltd to shut Rajahmundry facility from March 25 to March 30, 2019

Newly launched Domino's Pizza in Bangladesh breaks global record in first week

Sustained water conservation efforts in Suburban Tambaram, Chennai

James Warren Tea Ltd board approves buy back at Rs. 115

Escorts Ltd appoints Mr. Shailendra Agrawal as an Executive Director

EID Parry Ltd to invest Rs. 70 crore in subsidiary

Infosys to enter into agreement with The House Fund II, L P

US FDA completes audit of R&D facility of Aurigene Discovery Technologies Ltd

Jindal Stainless Park Ltd becomes subsidiary of Jindal Stainless Ltd

Raghav Productivity Enhancers bestowed with 'SME - Empowering India Awards 2019'

Tejas Networks appoints two new board of directors

Kallam Textiles Ltd calls for rights issue committee meeting on March 27, 2019

Tata Steel Bsl Ltd allots OCRPS worth Rs. 6700 crore to Tata Steel

Galaxy Surfactants Ltd board to consider interim dividend on March 29, 2019

ICRA reaffirms rating of Deepak Nitrite Ltd

Bharat Gears Ltd board fixes April 3, 2019 as record date for rights issue

Amber Enterprises India Ltd to acquires 80% in Sidwal Refigeration Industries Pvt Ltd

Sukhjit Starch & Chemicals Ltd board to consider allotment of bonus shares on March 30, 2019

EID Parry Ltd declares second interim dividend of Rs. 1

Alkem Laboratories Ltd update on US FDA Inspection at its facility located at St. Louis, USA

Mac Hotels Ltd calls for board meeting on March 29, 2019

Cadila's Pharmaceutical Technology Centre successfully completes USFDA inspection

Zydus receives final approval from the USFDA for Lurasidone Hydrochloride Tablets

Aurionpro wins prestigious order from a leading bank in Singapore

Steelco Gujarat Ltd updates on loan agreement with Costronal Holdings SA

Caplin Steriles gets USFDA approval for Glycopyrrolate Injection

Lupin launches generic Levothyroxine Sodium Tablets USP

Barclays and TCS partner to Help Children with Locomotor Disabilities

Mahindra World City, Jaipur launches eco-friendly bicycle sharing services

GVK Group stake in Mumbai Airport to increase to 74%

Tata Power SED bags Rs 1,200 crore contract from the Ministry of Defence

Woodsvilla Ltd fixes record date for sub-division of equity shares

Alembic Pharma receives USFDA Approval for Azelastine Hydrochloride Ophthalmic Solution, 0.05%

PVR Cinemas launches its 10th multiplex in Telangana

Garden Reach Shipbuilders & Engineers Ltd board to consider interim dividend on March 24, 2019

Jubilant Life Sciences Ltd updates on USFDA inspection at API facility, Nanjangud

MeDirect Bank Belgium, the Online Only Bank, Extends its Product Offerings with Infosys Finacle

Hansard Global Plc Selects SaaS-Based Majesco LifePlus Solutions to Transform their Business

ENIL commences radio station at Asansol

Mac Charles India Ltd seeks shareholders approval for related party transactions

1st Foundation Day of ICT-IOC

Infosys Ltd board to consider Q4, FY19 results on April 11 - 12, 2019

Syngene International wins CMO Leadership Awards presented by Life Science Leader Magazine

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019