Comments
Pennar Industries has informed the exchanges that the company and Pennar Engineered Building Systems intend to set up a 50:50 joint venture in the US to supply goods and services. The joint venture will help both companies expand their addressable markets, and thus, contribute to increase in revenue and profitability, it added. Shares of Pennar Industries edged down 1 per cent at ₹54.85 on the NSE, while those of Pennar Engineered edged down 0.3 per cent at ₹135.5 on the NSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.