Pennar Industries gains 3% on orders

The company said it has received repeat order from Aditya Birla Group’s Ultratech Cements for the design, manufacture, supply and installation of three buildings; and Jampana Constructions for the design, manufacture, supply and installation of steel structures for a Government of India Advance Training Project.

It has also received orders from Kirloskar Pneumatic for its building manufacturing unit near Pune; Navayuga Engineering for the design, manufacture, supply and installation of a missile storage facility for DRDO; and Rohan Builders for a manufacturing unit meant for Nipro India Corporation (a Japanese company) for their upcoming project in Shirwal, Maharastra.

At 15:22 hours IST, the share was quoting at Rs 25.30, up Rs 0.15, or 0.60% after hitting an intraday high of Rs 25.90.

Even its trading volumes increased 180% to 52,757 equity shares as compared to its 5-day average of 18,853 shares.