08-Oct-2026      13:18

Cranex Limited secures Rs 1.07 crore order from South Central Railway for EOT crane supply

Cranex Ltd. is down 2.31% to Rs 94.4 today, after rising recently and jumping 19.48% over the last week.

Cranex Limited announced it has received a Letter of Award from South Central Railway, Vijayawada, Andhra Pradesh, for the manufacture and supply of a 25/5T EOT Crane, valued at approximately Rs 1,06,81,360. The order, awarded domestically, requires product delivery by May 20th, 2027, and does not involve any related party transactions or promoter group interests. The company disclosed this information in compliance with SEBI’s Listing Obligations and Disclosure Requirements.

Trading volume reached 8175 shares today, a surge of 520.26% compared to the average volume over the last one week. Cranex Ltd grew by 18.40% year-over-year, outperforming the 9.98% loss recorded by the NIFTY50 index.

News source: Capital Market - Live News