Pennar Industries ends flat; Sebi clears Pennar Engineered's IPO plan

A report says that its subsidiary firm Pennar Engineered Building Systems has received approval from market regulator Sebi to float an Initial Public Offer (IPO).

Jul 15, 2015 04:07 IST India Infoline News Service

Pennar Industries
Pennar Industries surged to a high of Rs. 57.35, before ending a percent higher at Rs. 55.30 following news report that its subsidiary firm Pennar Engineered Building Systems has received approval from market regulator Sebi to float an Initial Public Offer (IPO).

The stock has hit a high of Rs. 57 and a low of Rs. 54.

Total traded quantity on the counter stood at over 2.91 lk shares.

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