Pennar Industries Ltd

BSE
BUY

1W Return

1M Return

6M Return

1Y Return

3Y Return

Start SIP in Pennar Industries Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
126.99% Gain from 52W Low
38.7
TTM PE Ratio
Above industry Median
23.6
Price to Book Ratio
Below industry Median
2.6
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.8
RSI
RSI is mid-range
63.5
MFI
MFI strongly Overbought
81.9

Pennar Industries Ltd Key Financials

View more

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Pennar Industries Ltd shareholding Pattern

Promoter
39.6%
Foreign Institutions
4.6%
Domestic Institutions
0.3%
Public
55.5%
Promoter
39.7%
Foreign Institutions
4.3%
Domestic Institutions
0.4%
Public
55.6%
Promoter
39.7%
Foreign Institutions
4.7%
Domestic Institutions
0.1%
Public
55.5%
Promoter
39.7%
Foreign Institutions
4.2%
Public
56%
Promoter
39.7%
Foreign Institutions
4.9%
Public
55.4%
Promoter
39.7%
Foreign Institutions
4.1%
Public
56.2%

Pennar Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
13
Bearish Moving Averages
3
5Day EMA
174.10
10Day EMA
169.50
12Day EMA
167.60
20Day EMA
160.80
26Day EMA
157.00
50Day EMA
148.30
100Day EMA
140.00
200Day EMA
127.20
5Day SMA
173.50
10Day SMA
173.50
20Day SMA
157.50
30Day SMA
149.50
50Day SMA
143.00
100Day SMA
140.20
150Day SMA
135.20
200Day SMA
128.50
Delivery & Volume
Resistance & Support
176.77
Pivot
Resistance
First Resistance
180.54
Second Resistance
186.45
Third Resistance
190.22
Support
First Support
170.86
Second support
167.09
Third Support
161.18
Relative Strength Index
63.48
Money Flow Index
81.94
MACD
10.54
MACD Signal
8.94
Average True Range
9.90
Average Directional Index
24.51
Rate of Change (21)
30.66
Rate of Change (125)
46.26
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Man Industries (India) Ltd.
2542.47
129.8
459
Mukand Ltd.
2488.21
119.85
212.5
Welspun Specialty Solutions Ltd.
-
-
-
Steel Exchange India Ltd.
1690.95
7.85
18.42
Beekay Steel Industries Ltd.
-
-
-
Owais Metal and Mineral Processing Ltd.
-
-
-

Pennar Industries Ltd Company background

Founded in: 1975
Pennar Industries Ltd (Formerly known as Pennar Steels Ltd), incorporated in Aug.75, was promoted in the joint sector by J Naresh Kumar along with the Andhra Pradesh Industrial Development Corporation (APIDC). The Company is one of the leading engineering organisations in India and is well known for its expertise in providing engineered products and engineering solutions. It manufactures coldrolled coils (CRCs) of narrow width, upto 700 mm, which are supplied to the automobile and the white goods industries. The Company started its journey with first manufacturing plant at Isnapur, near Hyderabad, and since then, has established itself as diversified engineering company with endtoend capabilities. Having a strong pedigree and engineering excellence, and the Company has merged Pennar Engineered Building Systems Limited, Pennar Enviro Limited, into Pennar Industries Limited (PIL), after which it accumulated a wide spectrum of engineered products and customised turnkey engineering solution under its belt, catering to a range of high growth sectors. Thereafter, the Company diversified its engineered products and engineered solutions broadly across six sectors namely Automobiles, Construction Infrastructure, General Engineering, White Goods, Railways and Solar.In 198990, the company undertook an expansion programme to increase the capacity from 12,000 tpa to 60,000 tpa in phases. In the first phase, its capacity was increased to 36,000 tpa, which was completed in 199091. In 199192, PSL set up a joint venture company Thomas Betts Pennar, in collaboration with Thomas Betts Corporation, US, to manufacture certain types of electronic connectors.PIL diversified in 199394 by setting up a 3MW wind energy farm near Coimbatore, Tamilnadu, and setting up a project to manufacture valueadded pressed and fine blanked metal components, which became operational in 199495 and 199596 respectively. In Sep.95, it received the ISO 9002 certification from RWTUV, Germany.In 19992000, the company acquired manufacturing facilities in the cold forming sections/products of the Tube Investments of India Ltd at Tarapur and Chennai. Since more than 50% of the networth was fully eroded on 30th June,2001 the company become a sick industrial company. In 2007, the Precision Tube Line was commissioned for making products for the auto, transportation and construction sectors. A new fabrication shop also commissioned for making structures for Electro Static Precipitators (ESPs), boilers and seed processing plants. The Companys new plant at Chennai with steel profiling, cutting, slitting lines and heavy duty pressing facilities commenced commercial production from April, 2008. Pennar Engineered Building Systems Limited (Pebs), became a subsidiary in June, 2009 and commenced commercial production effective Jan.01, 2010. The Company launched new product lines including CDW/ERW tubes, sheet pilings and solar structurals in 201112. The expansion of manufacturing facilities at its Isnapur and Tarapur plant also added new production capacity for CDW tubes and increased capacities for precision tubes for automobiles and fabrication facilities. The Company in year 2019, added New Product range in the existing including Jack CylinderBailey, Action Construction Equipment, AGCO, KoneElevator Bed Plate, DTX Rod clevis, and Venus Bottom Cover.During the year 202122, the Company disposed its 100% shareholding in M/s. Oneworks BIM Technologies Private Limited, resulting the said Company ceased to be a subsidiary of the Company effective from 31st August, 2021. In 202223, the wholly owned subsidiary by the name of Pennar Metals Private Limited was incorporated on June 22, 2023.
Read More

Pennar Industries Ltd FAQs

The past 1-year return of Pennar Industries Ltd [PENIND] share was 127.82. The Pennar Industries Ltd [PENIND] share hit a 1-year low of Rs. 75.07 and a 1-year high of Rs. 185.9.

You can easily buy Pennar Industries Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

Open Demat Account
+91 -

personImage