Cranex Ltd Secures ₹185 Cr in New Orders, Order Book Crosses ₹100 Cr
Cranex Ltd announced it has received fresh orders aggregating approximately ₹18,52,38,040 for manufacturing and supply of EOT Cranes and related products. Key orders include those from BHEL and Indian Railways for workshop infrastructure and railway projects, respectively. The company's existing order book also features orders from BEML for railway projects, including the Vande Bharat program, and defence sector projects. With these new orders, Cranex Ltd's total order book has now surpassed ₹100 Crores. The filing details specific purchase orders from BHEL-YamunaNagar and BHEL-Mahagenco Koradi, as well as from Eastern Railway and Indian Railways (Banaras Locomotive Works, Varanasi), outlining their values and execution timelines.
Key Highlights
- Cranex Ltd received new orders worth ₹18.52 Crores.
- Total order book now exceeds ₹100 Crores.
- Orders include significant contracts from BHEL and Indian Railways.
- Projects involve EOT Cranes for infrastructure and railway programs.
- Order book strengthened by defence sector contracts.
Price Impact
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