Shree Refrigerations Shares Rise After Securing ₹49.34 Crore Orders

Mumbai, September 26 (Udaipur Kiran News). Shares of Shree Refrigerations Ltd gained over 2.6% on Thursday after the company announced that it has secured new orders worth ₹49.34 crore from prominent defence and marine clients.

The stock was trading at ₹255.00, up ₹6.55 (2.64%) from its previous close of ₹248.45 on the BSE. It opened at ₹248.60 and touched an intraday high of ₹255.00. The company’s market capitalisation stands at ₹908.22 crore.

Over the past 52 weeks, the stock has touched a high of ₹261.50 (25-Sep-2025) and a low of ₹153.00 (07-Aug-2025). Promoters hold 44.60%, while institutions and non-institutional investors own 18.02% and 37.38%, respectively.

₹49.34 crore order details

  • ₹25.60 crore order from Mazagon Dock Shipbuilders for the supply of B&D spares for AC plants onboard P17A class ships, to be completed in 7 months.

  • ₹19.62 crore order for the supply of turnkey HVAC system as per SOTR from Mazagon Dock Shipbuilders.

  • ₹4.12 crore order from Material Organisation, Mumbai, for the supply of magnetic bearing compressor-based AC plant.

Company overview

Shree Refrigerations is engaged in manufacturing chillers, refrigeration units, and air conditioning systems, serving primarily the HVAC (Heating, Ventilation, and Air Conditioning) industry. The company offers a wide range of advanced cooling systems and turnkey solutions to major industrial and defence clients in India.

Shree Refrigerations Shares Rise After Securing ₹49.34 Crore Orders

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