Throughout Friday’s buying and selling session, shares of a producer and vendor of cranes & its elements and supplies upkeep providers by almost 4.3 % on BSE, after the corporate introduced securing 6 buy orders price almost Rs. 20.2 crores from BHEL, Indian Railways and extra.
With a market capitalisation of Rs. 53.2 crores, the shares of Cranex Restricted closed within the inexperienced at Rs. 81 on BSE, up by almost 3 %, as in opposition to its earlier closing value of Rs. 78.86. The inventory has delivered destructive returns of round 11 % in a single yr, and fell by over 9 % within the final one month.
What’s the Information
In keeping with the newest regulatory filings on the BSE, Cranex Restricted has acquired six buy orders price a complete of almost Rs. 20.2 crores for the manufacturing and provide of varied merchandise.
- First order price Rs. 2.15 crores from South Japanese Railway, Kharagpur, West Bengal, for Goliath Crane Cap-15 Ton, to be delivered by twenty fourth February 2026.
- Second buy order is price Rs. 99.8 lakhs from BHEL Jhansi for 150T Lifting Platform, to be delivered by 2nd September 2025.
- Third order, valued at Rs. 2.82 crores, from Patiala Locomotive Works for 2 65T EOT Cranes, to be delivered by twenty seventh March 2026.
- Fourth buy order price Rs. 27.14 lakhs is from the North Western Railway, Ajmer, for 2 Automated Flip Tables for Wheels, to be executed by 1st July 2025.
- Fifth order price Rs. 43.25 lakhs from Southern Railway, Perambur, Tamil Nadu, for 10T EOT Crane, to be delivered by thirteenth July 2026.
- Lastly, the sixth buy order, valued at ~Rs. 13.5 crores, is acquired from Bharat Heavy Electrical Restricted, Noida, for 2 125/25T EOT Cranes and two 25T EOT Cranes. The order is to be delivered by 1st March 2026.
Monetary Efficiency
Cranex reported a decline in its income from operations, exhibiting a year-on-year fall of round 35 % from Rs. 17 crores in Q3 FY24 to Rs. 11 crores in Q3 FY25. Equally, its internet revenue decreased throughout the identical interval from Rs. 0.1 crores to Rs. 0.09 crores, representing a decline of round 10 % YoY.
In regards to the Firm
Integrated in 1973, Cranex Restricted is primarily engaged within the enterprise of producing and promoting cranes and its elements. The corporate manufactures a spread of cranes overlaying EOT, Goliath, HOT, JIB cranes, winches and electrical hoists. These discover software in defence, nuclear and area installations, railways, energy crops and different high-priority authorities initiatives.
Written by Shivani Singh
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