Cranex Ltd stock in focus after securing ₹3.65 Cr order for Double Girder EOT crane from BHEL BhopalCranex Ltd stock in focus after securing ₹3.65 Cr order for Double Girder EOT crane from BHEL Bhopal

Introduction

Leading heavy-duty crane manufacturer secures a ₹3.65 crore order from BHEL-Bhopal for a 220/80 Ton Double Girder EOT Crane, scheduled for delivery by February 2027.

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Share price movement of Cranex

On March 17, 2026, Cranex Limited opened at ₹66.00, up 2.61% from its previous close of ₹64.31. The stock reached a high of ₹66.00 (2.61%) and a low of ₹63.70 (-0.95%). By 12:50 PM, it traded at ₹63.70, a 0.95% decrease, with a market cap of ₹41.85 crore.

Cranex Wins Historic Crane Order

Cranex Limited has received a prestigious order from BHEL-Bhopal for a 220/80 Ton Double Girder Electric Overhead Travelling (EOT) Crane. The order is valued at ₹3.65 crore.

This marks the first time in Cranex’s 53-year history that it has secured an order for such a high-capacity crane. The company will manufacture and supply the crane under agreed quality and delivery terms.

The order is domestic and is scheduled for completion by 24th February 2027. This milestone strengthens Cranex’s position in heavy-duty crane manufacturing and demonstrates customer confidence in its engineering expertise.

Stock performance of Cranex for period of 1 week, 6 months, and 1 year

Cranex Limited delivered a -0.65% return over the past week, and it declined by -25.6% in the past 6 months. The stock fell -38.2% over the past 1 year.

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Shareholding pattern of Cranex

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	47.60%	47.60%	47.60%
FII	0.00%	0.00%	0.00%
DII	0.30%	0.30%	0.30%
Public	52.10%	52.10%	52.10%

About Cranex

Cranex Ltd (BSE: 522001) manufactures EOT and Gantry Cranes, supplies crane parts, and offers after-sales maintenance and reconditioning services since its incorporation in 1973.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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