Cranex Stock Surges on Rs 1.87 Crore Eastern Railway Order

Cranex shares advanced by 1.99% on the BSE, trading at Rs. 79.90 after the company announced securing a new order valued at approximately Rs 1.87 crore from Eastern Railway.

Key Market Metrics

• Current Trading Price: Rs. 79.90
• Daily Gain: 1.56 points
• Previous Closing Price: Rs. 78.34
• Opening Price: Rs. 80.29
• Shares Traded: 25 on the counter

The Letter of Award (LoA) specifies Cranex will supply, install, and commission a Traverser (Surface Type) – 80 TON for Eastern Railway, C.W.M. Liluah, West Bengal. This significant contract is scheduled for execution by May 25, 2027.

Order Details

• Awarding Authority: Eastern Railway, C.W.M. Liluah, West Bengal
• Order Value: Approximately Rs 1.87 crore
• Scope: Goods, supply, installation, and commissioning of Traverser (Surface Type) – 80 TON
• Execution Deadline: May 25, 2027

This recent contract follows another substantial order Cranex received earlier, aggregating around Rs 1.02 crore from North Central Railway, Jhansi. Such awards underscore the company’s continued engagement in critical infrastructure projects across India.

Cranex operates as a prominent crane manufacturer, specializing in high-tech cranes. Their portfolio includes systems for strategic defense installations, nuclear and space facilities, railways, and power plants, serving various high-priority government projects.

Company & Stock Performance

• Current Market Capitalisation: Rs. 62.83 crore
• 52-Week High: Rs. 114.00 (recorded on 01-Jul-2026)
• 52-Week Low: Rs. 56.00 (recorded on 22-Jan-2026)
• Last One Week High: Rs. 88.40
• Last One Week Low: Rs. 78.00

The company’s shareholding structure shows promoters holding 47.70% of the stock. Institutions maintain a 0.28% stake, with Non-Institutions holding the remaining 52.02%, reflecting a diverse ownership base.