Monday 8 September 2014

Pennar Industries shines on bagging orders worth Rs 132 crore



BSE Code - 513228
Face Value - Rs 5.00
Group - BSE 'B'
Shareholding pattern -(a)Promoters - 40.09%
                                 (b)Institutions - 29.90%
                                 (c)Non-Institutions - 30.01%
One year High-Low - Rs 54.90 - Rs 18.25
     Pennar Industries is engaged in the manufacturing of Cold Rolled Steel Strips (CRSS) and value-added products under Cold Rolled Formed Sections (CRFS) like precision tubes, engineered components, road safety systems, parts of railway coaches and Electro Static Precipitators (ESP).
     Pennar Industries has bagged orders worth Rs 132 crore along with its subsidiaries Pennar Engineered Building Systems (PEBS Pennar) and Pennar Enviro (PEL). The companies received orders from MRF, UltraTech Cement, Deify Infrastructure, Carldreys India, Lanco Infratech, JSW Bellary among others.
     Current price of stock is Rs 54.10, up by 3.15 points from its previous closing of Rs 50.95 on the BSE.

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