/ Pennar Industries Bags Order Worth 202 Cr Stock Up By 2% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 14 March 2017

Pennar Industries has received order worth Rs 202 crore, across its business segments. It has received orders on railway products for CRF sections from BEML. In the solar product segment it has received orders for Module Mounting Structures from Tata Power, Waaree Energies, Adani Power and Greenko among others.

It has also received repeat orders for customised cylinders from Bailey, USA. The company has received the first order from the Ordinance Factory as it has entered into the defence sector.

The stock is trading up by 2% on BSE Sensex in Tuesday’s trading session. The company is engaged in manufacturing of steel products, including Cold Rolled Steel Strips (CRSS) and Cold Formed Metal Profiles.

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