StockWatch
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Construction Vehicles
Deals31 Oct 2026, 04:40 pm

Cranex Ltd Secures ₹12.93 Cr in New EOT Crane Orders

AI Summary

Cranex Ltd has announced the receipt of a Letter of Award and Purchase Orders for new orders totaling approximately ₹12,93,31,424/-. These orders are for the manufacturing and supply of EOT Cranes. Key orders include a ₹4,93,24,000/- order from Godawari Power & Ispat Limited for an EOT Crane with a Grabe Bucket, and a ₹7,95,00,000/- order from Larsen & Toubro Ltd for two EOT Cranes for the Torrent Anuppur project. The company also received a smaller order for CT Gear Box VC 280 for a 5T EOT Crane from M/s Tarkeswar Enterprise valued at ₹5,07,424/-. The orders are from domestic entities and are expected to be executed by January and June 2027.

Key Highlights

  • Cranex Ltd secured new orders worth ₹12.93 Crore.
  • Orders are for manufacturing and supply of EOT Cranes.
  • Major clients include Godawari Power & Ispat and Larsen & Toubro.
  • Execution timelines extend up to June 2027.
  • All awarded orders are from domestic entities.