Announced Tue, 21 Jul · 11:50 IST
Cranex bags Rs 16.03 Cr LOAs from BHEL and NHPC for EOT Cranes
Business Updates View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+6.8%1-day move
₹87.00
prior close
₹92.55
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+6.8+4.0+3.4+6.9——————
Up moveDown movePending
AI summary
Cranex Limited has secured Letters of Award totalling about Rs 16.03 Crores from BHEL (Rs 10.87 Cr for D/G EOT Cranes for the Sunni Dam Hydro Electric Project) and NHPC Limited (Rs 5.16 Cr for refurbishment of two EOT Cranes at Chamera Power Station Stage-I). The orders cover manufacturing and supply of EOT Cranes and related products. Management says these will strengthen the order book and support growth.
Likely market impact
Positive; adds Rs 16.03 Cr to order book from leading PSU clients, supporting future revenue visibility