Cranex inches up on securing orders worth Rs 7.17 crore from BHEL, DEE VEE Projects
Cranex is currently trading at Rs. 79.00, up by 0.18 points or 0.23% from its previous closing of Rs. 78.82 on the BSE.
The scrip opened at Rs. 81.82 and has touched a high and low of Rs. 81.82 and Rs. 79.00 respectively. So far 425 shares were traded on the counter.
The BSE group 'XT' 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. 81.82 and Rs. 74.00 respectively. The current market cap of the company is Rs. 63.53 crore.
The promoters holding in the company stood at 47.70%, while Institutions and Non-Institutions held 0.28% and 52.02% respectively.
Cranex has received a Letter of Award (LoA) and a purchase order from two reputed customers, namely Bharat Heavy Electricals (BHEL) and DEE VEE Projects, for orders aggregating to around Rs. 7.17 crore. Of the total, the company received a LoA worth Rs 1.33 crore from BHEL for a Double Girder EOT Crane up to 100T Package for the 3X16 MW HPPCL Chanju Stage III HEP. The company has also received a purchase order worth Rs 5.84 crore from DEE VEE Projects for the Six Nos. of Materials Handling System (Cranes, Hoist & Yoke) supply with mandatory spares & erection & commissioning.
The receipt of the LoA and purchase order from BHEL and DEE VEE Projects marks an important mark 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.
