Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
31 March, 2015 10:54 IST
Pennar bags orders worth Rs 500 mn
Source: IRIS | 20 Nov, 2012, 12.29PM
Comments  |  Post Comment

Pennar Industries, engaged in the production of specialized and engineered metal products and pre-engineered buildings, announced Pennar Industries and Pennar Engineered Building Systems, a subsidiary of the company, has bagged orders worth Rs 500 million.

The company has received order from ABB, Volvo India, Lotus Warehousing & Solutions, ZTT, Samruddhi Industries and Brattle Foods.

Nrupender Rao, chairman of Pennar Industries said ''Pennar is pleased to announce receipt of several prestigious orders worth Rs 500 million. This also includes five orders for its PEBS subsidiary. We are winning new business and are confident of achieving our targets for the year.''

Shares of the company gained Rs 0.6, or 2.35%, to trade at Rs 26.10. The total volume of shares traded was 11,247 at the BSE (12.19 p.m., Tuesday).



Pennar Industries Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
L&T Construction wins orders worth Rs 21 bn - 31-Mar-2015 10:17
MPS acquires TSI Evolve - 31-Mar-2015 10:08
SBI to divest 10% stake in SBI Life Insurance - 31-Mar-2015 10:01
Godrej Properties adds a new residential project in Bengaluru - 31-Mar-2015 09:51
Ashok Leyland divests 48.5% equity stake in ALWEL - 30-Mar-2015 17:04
NMDC commissions new project in Chhattisgarh - 30-Mar-2015 15:06
RPower commissions last unit at 3,960 MW Sasan UMPP - 30-Mar-2015 13:48
Max Life Insurance and Lakshmi Vilas Bank sign up for a 5-year strategic alliance - 30-Mar-2015 13:41
Indraprastha Gas acquires 47.5 mn shares in MNG - 30-Mar-2015 13:24
EID Parry divests entire stake in Alagawadi Bireshwar Sugars - 30-Mar-2015 13:19
KKR, Indium and LeapFrog to invest Rs 5 bn in Magma Fincorp - 30-Mar-2015 12:57
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer