Pennar Industries Limited (PENIND.BO)
Pennar Industries Limited operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Hyderabad, TS, IN. The stock last traded at $155.20, down 2.24% on the session, giving a market capitalisation of $20.99B. Its beta of -0.07 implies it has historically moved less than the broad market.
Pennar Industries Limited, an engineering enterprise headquartered in Hyderabad, India, and established in 1975, conducts its operations both domestically and internationally across two primary segments: Diversified Engineering, and Custom Designed Building Solutions and Auxiliaries. The company's extensive product portfolio features a variety of engineered components, including parts for automotive and white goods sectors, hydraulic cylinders, and precision sub-assemblies. It manufactures numerous types of precision tubes, such as electric resistance welded, cold drawn welded, cold drawn seamless, bicycle frame, steel, engineering, boiler, heat exchanger, propeller shaft, transformer, fuel and air, furniture, structural, telescopic front fork, and air pre-heater tubes, alongside automotive shock absorbers. Pennar also supplies railway wagons, as well as passenger and metro coaches. In the domain of steel products and profiles, their offerings include cold rolled steel strips, electrostatic precipitator electrodes, and building components like purlins, roofing/cladding sheets, and decking profiles. The company additionally provides metal crash barriers for various infrastructure projects and sheet piles. Its diverse industrial solutions extend to solar module mounting structures, aerospace machined components, and industrial boilers and heaters. Furthermore, Pennar offers a range of chemicals, such as water treatment chemicals, fuel additives, and specialty water treatment chemicals, alongside turnkey solutions for water and environmental infrastructure. Beyond manufacturing, Pennar Industries provides comprehensive services spanning the design, fabrication, and erection of diverse structures. This includes industrial facilities, warehouses, commercial centers, multi-story buildings, aircraft hangars, defense installations, metro stations, stadiums, and power plants. The company's engineering and consulting services encompass structural engineering, Building Information Modelling (BIM), plant and product engineering, industrial automation, digital consultancy (IoT), and value-added solutions, in addition to specialized design services and pre-engineered buildings, including solar structures.
Pennar Industries Limited is most often compared with the following Industrials names: