Deals23 Sept 2026, 12:53 pm
Cranex Ltd Secures ₹7.17 Cr Orders from BHEL & DEE VEE Projects
AI Summary
Cranex Limited announced on September 23, 2026, the receipt of a Letter of Award (LOA) and Purchase Order (PO) totaling approximately ₹7.17 Crores. The orders are from Bharat Heavy Electricals Limited (BHEL) for a Double Girder EOT Crane valued at ₹1.33 Crores, and from DEE VEE Projects Limited for a Materials Handling System worth ₹5.84 Crores. These orders are expected to strengthen the company's order book and support business growth, reflecting customer confidence in Cranex's capabilities. The company plans to execute these orders efficiently and on time.
Key Highlights
- Received LOA and PO worth ₹7.17 Crores.
- Orders include a crane for BHEL and a materials handling system.
- Boosts order book and supports business growth.
- Reflects strong customer confidence in company capabilities.
Price Impact
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