Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Pennar Industries bags orders worth INR 538 crore

Posted On: 2019-08-19 18:42:32

Pennar Industries Limited, a leading value-added engineering products and solutions company today announced that it has bagged orders worth INR 538 crores during the months of June and July 2019.

Pennar has received multiple orders aggregating INR 538 crore across its business verticals. The Railways business vertical received orders aggregating INR 66 crore from customers such as Integrated Coach Factory, Rail Coach Factory, Universal Engineering, Konkan Railways, BEML and others.

The Pre-engineered building division received significant orders aggregating INR 211 crore comprising factory buildings, warehouses and solar. These orders were received from new and repeat customers such as Tata Steel, Wipro, Bharti Infra, Mylan Laboratories, Asian Fabtech, Whitehouse India, SPML Infra, Natco, MRF and Cyient. The order book position for Pre-engineered buildings division as on June 30, 2019 was INR 554 crore.

The Tubes division received orders worth INR 77 crore from ALF Engineering, MG Automotives, Maruthi Auto and Patton International among others;

The Industrial Components division received orders worth INR 37 crore from Emerson, Endurance, Tecumseh, Yamaha, Wabco, Firestone and others.

The Environmental and Water Treatment division received order aggregating INR 26 crore from GMR and JSW for water treatment and effluent treatment plants. The order book for this division as on June 30, 2019 stands at INR 86 crore.

Shares of PENNAR INDUSTRIES LTD. was last trading in BSE at Rs.29 as compared to the previous close of Rs. 26.15. The total number of shares traded during the day was 55437 in over 654 trades.

The stock hit an intraday high of Rs. 30.2 and intraday low of 25.95. The net turnover during the day was Rs. 1560511.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Morgan Credits Private Limited has sold 2.3% stake in YES Bank Ltd

AXIS Bank opens QIP, fixes floor price as Rs. 661.50

Lux Industries Limited issues CPs of Rs. 50 crore

Godrej Consumer Products Ltd increases stake in subsidiaries

ICRA reaffirms ratings of Reliance Chemotex Industries Ltd

Lincoln Pharmaceuticals Ltd board approves merger of Lincoln Parenteral Ltd

Thyrocare Technologies Ltd calls for board meeting on Sep 21, 2019

Capital India Finance Ltd inks MOU with Union Bank of India for Loan Co-origination

Morepen Laboratories Ltd board approves preferential issue

Mahindra BAJA SAEINDIA 2020 Commences its 13th edition

NMDC revises prices of Iron Ore w.e.f. 19-09-2019

Speedcast and Nelco Awarded Remote Communications Contract for Leading Indian Cruise Line

Bharat Forge Ltd acquisition update regarding Refu Drive GmbH

Kolte-Patil Developers delivers strong returns to Motilal Oswal Real Estate from its City Avenue Project

Astral Poly Technik Limited allots 3,01,32,441 bonus shares

Surya Roshni Ltd bags order of Rs.79.80 crore

TCS a Leader in Software Product Engineering Services: Everest Group

Thomas Cook India observes an impressive 21% growth in demand during Durga Puja

Now buy Detel TVs and connected essentials in IndiGo flights

TVS Motor Company launches TVS NTORQ 125 Race Edition

IDBI Bank board approves preferential issue to Government and LIC

1 millionth Maruti Suzuki car exported from Gujarat's Mundra Port

Mindtree Opens New European Headquarters in London

U.S. FDA issues Warning Letter for Lupin's Mandideep, Unit-1 facility

Ambuja Cements among the top 4 in global DJSI ranking

Ultratech Cement Limited Ranked Among The TOP 10 Companies Globally Under 'Construction Material' In The DJSI Index

CRISIL reaffirms ratings of Advanced Enzyme Technologies Ltd

Tata Communications and Cisco partner to create a fully managed contact centre solution for enhanced customer experience

Global Operators Collaborate with Industry Partners to Facilitate O-RAN Testing and Integration

Allahabad Bank launches retail loans linked with RBI's Repo Rate and 3 months MIBOR

Reliance Capital denies invocation of pledged RNAM shares

Madhav Infra Projects Ltd secures orders for road projects and solar project

Insilco restarts plant operations from Sep 18, 2019

ICRA affirms ratings of Hindustan Tin Works Ltd

Laurus Labs Ltd to acquire Phekolong Pharmaceuticals Pty Ltd

ICRA Ltd revises outlook on OBC's bonds

ICRA reaffirms commercial paper rating of Mahindra CIE Automotive Limited

Premier Explosives Ltd updates on successful test-firing of Astra Missile by IAF

Federal Bank's New Branch at Velachery Opened

Wipro positioned as a Leader in Gartner's Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, North America

RITES Ltd signs major export contract of $22.4 mn

SHARP Launches Its Range of Smart Home Appliances in India to Kick Off the Festive Season

FlexiLoans.com crosses Rs. 500 Crores Business Loans disbursal

mjunction's 13th Indian Coal Markets Conference begins

IDFC Ltd board to consider interim dividend on Sep 21, 2019

Oriental Bank of Commerce board approves merger

Emagia Announces AI-Powered Digital Receivables For Oracle ERP Cloud

Wipro positioned as a Leader in Gartner's Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, Asia / Pacific

Indian Bank approves merger approval, fund raising

Endurance Technologies Ltd commences commercial production at Kolar plant







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

disclaimer copyright © 2005 - 2019