Pennar Industries is currently trading at Rs. 42.90, up by 1.80 points or 4.38% from its previous closing of Rs. 41.10 on the BSE.
The scrip opened at Rs. 42.10 and has touched a high and low of Rs. 43.00 and Rs. 41.25 respectively. So far 100156 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 54.80 on 06-Oct-2016 and a 52 week low of Rs. 39.50 on 21-Nov-2016.
Last one week high and low of the scrip stood at Rs. 43.00 and Rs. 40.00 respectively. The current market cap of the company is Rs. 509.08 crore.
The promoters holding in the company stood at 36.36%, while Institutions and Non-Institutions held 23.56% and 40.09% respectively.
Pennar Industries has bagged various orders worth Rs 202 crore across its business units. The company has bagged the orders under Railway Products, Solar Products, Precision Tubes, Industrial Components and Steel Products business units. Further, the company has entered into Defence products and received first order from ordinance factory. It has also received orders from JSW Steel in Engineering Services division.
Pennar 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.