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Pennar Industries share price gains 5% after co bags orders worth Rs 302cr

The order book position for railways division was Rs 270 crore as on December 4

December 05, 2019 / 15:13 IST
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Pennar Industries share price added five percent intraday on December 5 after company bagged orders worth Rs 302 crore across its business verticals during November.

The company's railways division received orders from customers such as Integrated Coach Factory, MCF, TI, Universal Engineering and Texmaco.

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It pre-engineered building division received orders for construction of warehouses and factory buildings from Coromandal, Ambuja Cement, Antkrish Group, RKS builders and Chettinadu builders.

The steel division of the company has received orders from Thermax, IFB, Toshiba, LG Balakrishnan, Steel Mart, Schaeffler, among others.