Pennar Industries Ltd. Stock Analysis PENIND.NS

Pennar Industries Ltd. is a holding company, which engages in the provision of engineered products and services. The company is headquartered in Hyderabad, Telangana and currently employs 2,825 full-time employees. The company went IPO on 2010-11-24. The company is engaged in the manufacturing of cold-rolled steel strips, precision tubes, cold-rolled formed sections, electrostatic precipitators, and profiles. Its segments include Diversified engineering and Custom designed building solutions & auxiliaries. The company also manufactures railway wagons and coach components, press steel components, hydraulics, road safety systems, galvanized products, and solar panels. The company provides a range of services, which include structural engineering services, building information modeling (BIM), plant-product engineering services, industrial automation, and IOT & value-added solutions. The company serves various industries, including building and infrastructure, oil and gas, automotive value engineering, heavy engineering, rail transportation, and other industries. Its customers include contractors-architects, fabricators-consultants, MEP contractors, Solution Providers, Fabricators, Engineering consultants and others.