Pennar Industries Ltd renowned for its value-added engineering solutions, recently secured orders totalling an astounding Rs 669 crores, equivalent to nearly 50 per cent of its present market capitalization of Rs 1500 crore.

Shares of the company have gained about 22 per cent in the last six months.    

Shares of the company have gained about 25 per cent in the last six months.  

The stock gave multibagger returns of 120.19 per cent in just 1 year whereas BSE small-cap Index rose by only 3.19 per cent.

BSE Smallcap index bucked the negative trend to outperform broader markets, climbing 1.07 per cent and ending the session at 25,916.41.

BSE Small-cap index recorded losses of 1.70 per cent closing at 28,728.32.