Pennar Industries share price rose almost 7 per cent in today's trading session.
Pennar Industries is one of the leading engineering organizations in the country. It is well known for its expertise in providing engineered products as well as services. An epitome of quality, precision, paired with perfection, Pennar is driven by an unrelenting desire to excel with experience spanning over three decades.
The company’s quest for engineering for excellence began in the year 1988, with a strategic decision to establish our first manufacturing plant at Isnapur, near Hyderabad with an installed capacity of 30,000 MTPA to manufacture Cold Rolled Steel Strips (CRSS). Its decision catapulted us from a start-up to a profitable organization in the very first year of our operations. The company was growing at a rapid pace and thus to incorporate its expansion and demand, Pennar increased its manufacturing capacity to 50,000 MTPA in 1997.
According to Dynamic levels Research and analysis team, Pennar Industries is one of the top 500 stocks out of all the 1700 plus stocks listed on NSE.
At 12.05 PM Pennar Industries share price was seen trading at Rs 44.90 per share on NSE, up by 6.65 per cent or 2.80 points. The intraday high of the share is 45.25 and the intraday low is Rs 42.45. A total of 8,27,413 shares of the company have been traded on NSE against the 20 days average trading volume of 1,81,957. The total traded value for the day so far is Rs 366.54 lacs.
Earlier on 6th January 2017 the company announced that it has resolved all the Investor Complaints / Grievances for the last quarter. Total number of complaints received was 15.
Get the most important support and resistance levels of Pennar Industries for trading purposes at Pennar Industries share price forecast page of Dynamic Levels.
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