Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the relevant amendment thereto from time to time, we would like to inform you that ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cranex Ltd has informed BSE about receiving multiple purchase orders aggregating to Rs. 7,42,98,925 (approx. Rs. 7.43 crore) from government-owned customers. Key orders include two EOT cranes from BHEL Haridwar (Rs. 1.56 crore each), five 15/5T hoists from South East Central Railway Bilaspur (Rs. 2.87 crore), a 25-ton EOT crane set from Southern Railway Kerala (Rs. 75 lakh), and smaller orders for wheels and crane shifting work from BHEL Jhansi. All orders are domestic, not related party transactions, and carry delivery deadlines ranging from May 2026 to January 2027. The customer mix is entirely government/PSU-based, primarily BHEL and Indian Railways divisions.
Positive for the stock as the orders provide near-to-medium term revenue visibility and reaffirm Cranex's standing as a supplier to government and PSU clients. Given the company's small size on BSE, a Rs. 7.43 crore order inflow is meaningful, though execution risks over the extended timelines should be watched.