Cranex Ltd secures fresh orders worth Rs 18.5 crore, order book crosses ₹100 Crores
Cranex Ltd has received new orders amounting to approximately Rs 18,52,38,040/- for the manufacturing and supply of various EOT Cranes and related products. These significant contracts include orders from BHEL and Indian Railways for workshop infrastructure projects.The receipt of these fresh business adds to a strong existing portfolio. The Company's total order book has now surpassed Rs 100 Crores. Furthermore, the company maintains ongoing contracts with BEML covering railway projects, including work related to the Vande Bharat programme, as well as orders pertaining to defence sector projects across India.
The newly secured and existing orders are detailed below:
Recent Orders from Major Entities
| Entity | Products Ordered | Value (INR) | Delivery Deadline |
|---|---|---|---|
| BHEL-YamunaNagar | Two nos of D/G EOT Crane above 100T 1X800 MW | Rs 8,13,85,000/- | August 12, 2027 |
| BHEL-Mahagenco Koradi | Two nos of D/G EOT Crane above 100T, 2X660 MW | Rs 8,47,70,000/- | August 12, 2027 |
| Eastern Railway - KANCHRAPARA | Two nos of EOT Crane 5 Ton | Rs 79,90,960/- | March 20, 2027 |
| Indian Railways (Banaras Locomotive Works, Varanasi) | Two nos of EOT Crane 5 Ton | Rs 1,10,92,080/- | June 20, 2027 |
Order Details by Client
The following tables provide a detailed breakdown of the orders secured from key domestic entities.
Orders awarded by BHEL
| Entity Awarding Order | Products and Significance |
|---|---|
| BHEL-YamunaNagar | Purchase order for Two nos of D/G EOT Crane above 100T 1X800 MW at Yamuna Nagar TPP, valued at Rs 8,13,85,000/-. |
| BHEL-Mahagenco Koradi | Purchase order for Two nos of D/G EOT Crane above 100T, 2X660 MW at Mahagenco Koradi TPP, valued at Rs 8,47,70,000/-. |
Orders awarded by Railway Entities
| Entity Awarding Order | Products and Significance |
|---|---|
| Eastern Railway - KANCHRAPARA | Purchase order for Two nos of EOT Crane 5 Ton, valued at Rs 79,90,960/-. |
| Indian Railways (Banaras Locomotive Works, Varanasi) | Purchase order for Two nos of EOT Crane 5 Ton, valued at Rs 1,10,92,080/-. |
Stock Price Movement
Cranex Ltd shares settled at ₹75.50 on Friday after closing down 0.40%. The stock experienced significant intraday movement, trading within a range between a low of ₹74.85 and a high of ₹77.94.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.