/ Pennar Engg Bags Orders Worth Rs 152 Cr Stock Up By 11.7% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 16 March 2017

Pennar Engineered Building Systems Ltd bagged orders worth Rs 152 cr. The company received orders from Hetero Drugs, Amplus Energy Solution, MELPL, S G Pharma, Shahi Exports and others.

The stock witnessed sharp surge after the announcement touching an intraday high of Rs 133.7 per share, up by Rs 14 per share or 11.7%. The stock is outperforming the BSE Realty index and other major indices in the market.

BSE Realty index is trading higher by 0.9% at 1537 level. DLF is contributing the most to the index gains. The stock is trading higher by 1.8% at Rs 148.9 per share. Prestige Estates Projects Limited is trading higher by 3.2% at Rs 180 per share.

Pennar Engineered Building Systems Limited is an India-based company, which engaged in manufacture and erection of steel products. The company's principal activities include pre-engineered building/steel structure components and related activities.

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