Pennar Inds climbs on new orders worth Rs 500 mn

Pennar Industries climbed on Friday after the company and its subsidiary Pennar Engineered Building Systems (PEBS Pennar) announced receipt of orders worth Rs 500 million for pre-engineered buildings, cold formed profiles and engineered components.

The orders were received from Renaissance Infra Realty, Mahindra Gears & Transmissions, RT Exports, SS Developers, Oriental Aromatics, MES projects and others. Shares ofthe companyare trading at Rs 25.85, up Rs 0.7, or 2.78% at the Bombay Stock Exchange (BSE) on Friday at 9:31 a.m.The scrip has touched an intra-day high of Rs 25.85 and low of Rs 25.85. The total volume of shares traded at the BSE is 25.In the earlier session, the shares fell 2.71%, or Rs 0.7, at Rs 25.15. Currently, the stock is trading down 22.6% from its 52-week high of Rs 33.40 and above 7.48% over the 52-week low of Rs 24.05.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 25.85 (0.70) (2.71) 1 Month 26.50 (1.35) (5.09) 3 Months 26.00 (0.85) (3.27) 6 Months 26.45 (1.30) (4.91) 1 Year 31.80 (6.65) (20.91) Note: Based on previous day closing price.