StockWatch
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Construction Vehicles
Deals22 Sept 2026, 02:56 pm

Cranex Bags ₹7.18 Cr in New Orders

AI Summary

Cranex Ltd has announced securing new orders aggregating approximately ₹7.18 crore. The company received a Letter of Award from BHEL Chanjuji for a Double Girder EOT Crane package valued at approximately ₹1.33 crore, with delivery by February 2027. Additionally, Cranex secured a Purchase Order from DEE VEE Projects Limited for six material handling systems (cranes, hoist & yoke) worth approximately ₹5.84 crore, to be delivered by May 2027. Both orders are domestic and involve the manufacturing and supply of various products.

Key Highlights

  • Cranex secured new orders totaling ₹7.18 crore.
  • Includes ₹1.33 crore order from BHEL Chanjuji.
  • Also, ₹5.84 crore order from DEE VEE Projects.
  • Orders are for cranes and material handling systems.
  • Deliveries scheduled for February and May 2027.