Breaking News

You are here » Indian-Commodity  :  Top News  :  Pennar Industries, subsidiaries bag orders worth Rs 242 crore

17-Jan2018

Pennar Industries, subsidiaries bag orders worth Rs 242 crore

Pennar Industries has received orders worth Rs 242 crore across its business units & Subsidiary Companies. It has received orders for Module Mounting Structures from Photon Energy Systems, Clean Max, Greenko, Sterling & Wilson to be executed in Tamil Nadu, Karnataka & Maharashtra. The company has also received various railway orders from Integral Coach Factory, Modern Coach Factory and BEML for supply of Coach related components.

The company's subsidiary - Pennar Engineered Building Systems received major order for Hybrid Towers from Reliance, major order for a Convention centre from Hitex Exhibition, major order for a UPVC manufacturing plant from NCL Wintech, orders for a warehouse from TVS infrastructure, Rai Estates and order for a factory building from RKV Developers.

Pennar Industries 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.


Related News

View all news

Crude oil futures extend losses on Thursday

Extending previous session losses, crude oil futures ended lower on Thursday due to a sharp jump in US crude inventories last week and on demand growth concerns. The Energy Information Administration's......

Gold futures end higher on Thursday

Gold futures ended higher on Thursday despite rising US dollar on minutes of the Federal Reserve's latest policy meeting indicating that the central bank is staying the course on interest rate hikes.Gold......

Copper futures end lower on Thursday

Copper futures ended lower on Thursday, following Chinese stock markets lower on the prospect of slowing global economic growth. Further, concerns over US interest rates and the US-China trade war too......

Top News

View all news

IRB Infrastructure's arm achieves financial closure for Vadodara-Mumbai Expressway project

IRB Infrastructure Developers' Wholly-owned Subsidiary (SPV) -- VK1 Expressway has achieved financial closure for the project of construction of eight lane Vadodara Kim Expressway from Km 355.00 to Km......

Havells India reports 4% rise in Q2 net profit

Havells India has reported results for second quarter ended September 30, 2018.The company has reported 4.44% rise in its net profit at Rs 178.62 crore for the quarter under review as compared to Rs 171.02......

Mphasis reports 37% rise in Q2 consolidated net profit

Mphasis has reported results for second quarter ended September 30, 2018.The company has reported a rise of 9.42% in its net profit of Rs 188.94 crore for the quarter under review as compared to Rs 172.67......