Pennar Industries Limited has announced the acquisition of shares of Oneworks BIM Technologies Private Limited.
Oneworks Bim Technologies Private Limited (OBTPL) was formerly known as Teken Bim Technologies Private Limited. The company is engaged in supporting clients through the technical processes of data collection and BIM management. It deals in 3D digital (Building Information Modelling).
OBTPL's services include developing, modeling, converting and mapping of buildings with seamless integration of building data in a 3D model. The company provides solutions to various engineering and construction sectors. It is also involved in helping construction companies, general & specialty contractors, architects, engineers, and building owners.
The acquisition of company helps expand the addressable market in engineering Service Market. There is strong growth in this market for the Pennar. It addition to this dovetails into our existing structural engineering capabilities as well resonates with our engineering focus and high value addition strategy.
Shares of PENNAR INDUSTRIES LTD. was last trading in BSE at Rs.24.3 as compared to the previous close of Rs. 24.5. The total number of shares traded during the day was 1585 in over 35 trades.
The stock hit an intraday high of Rs. 24.45 and intraday low of 23.95. The net turnover during the day was Rs. 38372.