Pennar Industries has received order worth ₹202 crore, across its business segments. It has received orders on railway products for CRF sections from BEML. In the solar product segment, the company has received orders for Module Mounting Structures from Tata Power, Waaree Energies, Adani Power and Greenko among others. It has also received repeat orders for customised cylinders from Bailey, US. The company has received the first order from the Ordnance Factory as it has entered into the defence sector. The stock of Pennar Industries gained 2.4 per cent at ₹42.2 on the NSE.

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