Pennar Industries shines on bagging orders worth Rs 1167 crore in September 2022
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Pennar Industries is currently trading at Rs. 48.55, up by 3.20 points or 7.06% from its previous closing of Rs. 45.35 on the BSE.
The scrip opened at Rs. 45.85 and has touched a high and low of Rs. 48.75 and Rs. 45.05 respectively. So far 174632 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 50.10 on 21-Sep-2022 and a 52 week low of Rs. 25.70 on 29-Nov-2021.
Last one week high and low of the scrip stood at Rs. 48.75 and Rs. 44.40 respectively. The current market cap of the company is Rs. 644.37 crore.
The promoters holding in the company stood at 38.20%, while Institutions and Non-Institutions held 0.14% and 61.66% respectively.
Pennar Industries has bagged orders worth Rs 1167 crore across its various business verticals in September 2022. The said orders have been secured across company’s verticals namely Solar EPC, Pre Engineered Buildings, Ascent Buildings, USA, ICD, Railways, Tubes and Steel. The orders are expected to be executed within the next two quarters.
Pennar Industries is one of India’s leading industrial organizations offering specialized, engineering steel solutions. The company is a multi-location, multi-product company manufacturing cold rolled steel strips & tubes, cold rolled formed sections, electrostatic precipitators, pre-engineered building systems, sheet metal components and road safety systems.
