Stock Report

The Shree Refrigerations Ltd receives new orders



Posted On : 2025-09-25 16:55:00( TIMEZONE : IST )

The Shree Refrigerations Ltd receives new orders

The Shree Refrigerations Limited (SRL) is pleased to announce that it has recently secured Rs. 25.60 Crore order from Mazagon Dock Shipbuilders Limited (MDL) for the supply of B&D spares for AC Plants onboard P17A class ships. Alongside this, SRL has also received:

- Rs. 19.62 Crore - Supply of Turnkey HVAC system as per SOTR, from Mazagon Dock Shipbuilders Limited (MDL);

- Rs. 4.12 Crore - Supply of Magnetic Bearing Compressor - based AC Plant, from Material Organisation, Mumbai.

Together, these new orders add Rs. 49.34 Crore to SRL's order book.

This was shortly preceded by a landmark Rs. 106.62 Crore contract awarded on 25th August 2025 by Hindustan Shipyard Ltd (HSL) for HVAC solutions for 5 Fleet Support Ships (FSS) of the Indian Navy.

With these consecutive order wins, SRL continues to demonstrate its robust engineering, project execution capability, and proven track record in delivering end-to-end, energy-efficient, and technologically advanced HVAC solutions for defence platforms.

Shares of Shree Refrigerations Limited was last trading in BSE at Rs. 242.75 as compared to the previous close of Rs. 240.10. The total number of shares traded during the day was 481000 in over 439 trades.

The stock hit an intraday high of Rs. 259.95 and intraday low of 240.95. The net turnover during the day was Rs. 119706250.00.

Source : Equity Bulls

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