Announced Sat, 18 Jul · 16:39 IST
Cranex bags Rs 10.87 cr order from BHEL for hydro electric project cranes
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Price
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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹90.75
prior close
₹88.50
base price
After-mkt
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+0.0+0.0+0.0-0.1+2.0+2.4-0.3-0.8+2.5—————
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AI summary
Cranex Ltd has received a Letter of Award from BHEL PEM for the Sunni Dam Hydro Electric Project. The order, worth about Rs 10.87 crore, is for manufacturing and supplying D/G EOT Cranes above 100T. Delivery deadline is 12 April 2027. No related party interest. Domestic order.
Likely market impact
New domestic order from BHEL PSU for hydro electric project, adds to order book. Execution timeline runs till April 2027.