Cranex Limited receives orders worth Rs. 18.52 crores

Cranex Limited has received fresh orders aggregating to approximately Rs. 18,52,38,040/- for manufacturing and supply of various EOT Cranes and related products.

The fresh orders received by the Company include orders from BHEL and Indian Railways for workshop infrastructure projects. In addition, the Company's existing order book includes orders from BEML for railway projects including the Vande Bharat programme and orders for defence sector projects across India.

With the addition of the aforesaid orders, the Company's total order book has crossed Rs. 100 Crores.

The Company has received a Purchase Order from BHEL - YamunaNagar for Two nos. of D/G EOT Crane above 100T 1X800 MW Yamuna Nagar TPP having value of approx. INR ₹ 8,13,85,000/-.

The Company has received a Purchase Order from BHEL - Mahagenco Koradi for Two nos. of D/G EOT Crane above 100T, 2X660 MW Mahagenco Koradi TPP having value of approx. INR ₹ 8,47,70,000/-.

The Company has received a Purchase Order from Eastern Railway -Kanchrapara for Two nos. of EOT Crane 5 Ton having value of approx. INR ₹ 79,90,960/-.

The Company has received a Purchase Order from Indian Railways (Banaras Locomotive Works, Varanasi) for Two nos. of EOT Crane 5 Ton having value of approx. INR ₹ 1,10,92,080/-.

Shares of CRANEX LTD. was last trading in BSE at Rs. 75.50 as compared to the previous close of Rs. 75.80. The total number of shares traded during the day was 1387 in over 38 trades.

The stock hit an intraday high of Rs. 77.94 and intraday low of 74.85. The net turnover during the day was Rs. 105105.00.

Source : Equity Bulls

Keywords

CRANEX INE608B01010 CommercialVehicles EOTCranes OrderWin OrderBook