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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Cranex Ltd has disclosed receipt of purchase orders worth Rs. 6,30,46,756 from four customers for manufacturing and supply of industrial products. The largest order is from Vedanta Limited for supply and installation of 16 Ton Mill Hoist for 4 units worth Rs. 2.94 crore. BHEL-Bhopal placed two orders totaling Rs. 2.34 crore for EOT cranes. Power Tech Industrial Services ordered 5 Single Girder EOT Cranes for Rs. 1.01 crore. BEL Bangalore placed two smaller orders for crane parts totaling Rs. 1.54 lakh. All orders are domestic and scheduled for delivery between April 2026 and April 2027. The company highlighted operating challenges including war-like situations and material constraints while maintaining operations.
Positive signal for the company as order book value of Rs. 6.3 crore provides revenue visibility. BHEL and Vedanta are marquee industrial customers. Given the relatively small size of Cranex, this order volume represents a meaningful contribution to forward revenue.