Pennar Industries is currently trading at Rs. 31.20, up by 1.25 points or 4.17% from its previous closing of Rs. 29.95 on the BSE.
The scrip opened at Rs. 30.25 and has touched a high and low of Rs. 33.00 and Rs. 30.25 respectively. So far 112200 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 42.90 on 30-Jul-2021 and a 52 week low of Rs. 16.25 on 31-Mar-2021.
Last one week high and low of the scrip stood at Rs. 34.60 and Rs. 29.50 respectively. The current market cap of the company is Rs. 425.78 crore.
The promoters holding in the company stood at 37.69% while Institutions and Non-Institutions held 0.17% and 62.13% respectively.
Pennar Industries has bagged orders worth Rs 582 crore across its various business verticals. The Pre- Engineered Building vertical received orders for construction of manufacturing facilities, warehouses, Solar P V Modules, Structural Steel, from customers like Ultratech Cement, Digvijay Cement, Matrix Structure, Lodha Group among others.
The Solar Module vertical has received orders from Anantapur Energy Products, Eveready Group among others. The Railways vertical has received orders from Wabtech, Dynamic, Orbinox, ICF, SCR, and TI Metal among others.
The Industrial Components vertical has received orders from Emerson, Endurance, Haldex, AASA, Wabco, Tecumseh, INEL, Elkhart, Venus, SI Airspring among others. The Steel vertical has received orders from Zetwerk Manufacturing, Saint Gobain, Thermax, LG Balakrishnan, Schaeffler India, Toshiba Transmission among others. Pennar’s US subsidiaries have booked orders worth Rs 186 crore from customers like James Hardie, Aspyre Design and Indian Creek Movie Studios.
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.