Cranex climbs on securing orders worth Rs 12.88 crore from L&T, Godawari Power & Ispat
Cranex is currently trading at Rs. 92.32, up by 3.41 points or 3.84% from its previous closing of Rs. 88.91 on the BSE.
The scrip opened at Rs. 92.00 and has touched a high and low of Rs. 92.35 and Rs. 91.99 respectively. So far 410 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 114.00 on 01-Jul-2026 and a 52 week low of Rs. 56.00 on 22-Jan-2026.
Last one week high and low of the scrip stood at Rs. 93.73 and Rs. 85.10 respectively. The current market cap of the company is Rs. 74.04 crore.
The promoters holding in the company stood at 47.70%, while Institutions and Non-Institutions held 0.35% and 51.95% respectively.
Cranex has received Letter of Award (LoA) and Purchase Order (PO) from two reputed customers, namely Larsen & Toubro (L&T) and Godawari Power & Ispat, for orders aggregating to around Rs 12.88 crore.
The receipt of the LoA and PO from Larsen & Toubro and Godawari Power & Ispat marks an important milestone in the company’s growth journey. The orders reflect the strong confidence of reputed organizations in the company’s capabilities, innovative product offerings, execution expertise, and proven ability to deliver quality solutions in line with customer requirements.
The awarded orders will further strengthen the company’s order book and support its business growth. The company will proceed with the execution of the orders in accordance with the terms and conditions stipulated in the respective LoA and PO, with a focus on timely and efficient completion of the contracted scope.
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