The announcement was made during trading hours today, 16 September 2015.

Meanwhile, the BSE Sensex was up 262.06 points, or 1.02%, to 25,967.99.

On BSE, so far 47,000 shares were traded in the counter, compared with an average volume of 71,000 shares in the past two weeks.

The stock hit a high of Rs 48.80 and a low of Rs 47.05 so far during the day. The stock hit a 52-week high of Rs 71 on 10 August 2015. The stock hit a 52-week low of Rs 43 on 8 September 2015.

Pennar Industries announced that its listed subsidiary, Pennar Engineered Building Systems (PEBS Pennar), secured new orders worth Rs 165 crore from marquee clients like Tata Projects, Reliance Jio Infocomm, Larsen & Toubro, International Cargo Terminal, Siemens, Biological E, UK Textiles, Kapil Power, Automotive India, among others.

Shares of PEBS Pennar, a leading player in pre-engineered buildings segment in India, were up 0.30% at 166.50. The stock listed on the stock exchanges on 10 September 2015. The stock debuted at Rs 150 on BSE, a discount of 15.73% compared with its initial public offer (IPO) price of 178. On that day, it settled at Rs 157.50 on BSE, a discount of 11.51% compared with the IPO price.

On consolidated basis, Pennar Industries' net profit rose 18.9% to Rs 6.60 crore on 5.8% decline in net sales to Rs 282.09 crore in Q1 June 2015 over Q1 June 2014.

Pennar Industries is one of India's leading industrial organizations offering specialized, engineered steel solutions.