Shree Refrigerations Limited Secures Defence Orders Worth Rs 49.34 Crore

Shree Refrigerations Limited (SRL) leader in Defence-focused manufacturer of advanced refrigeration and HVAC systems has announced the receipt of three significant defence contracts for Rs 49.34 Crore, further strengthening its presence in the sector.

The company has received orders which include the supply, installation and commissioning of HVAC equipment and 10 magnetic bearing compressors as B&D spares from Mazagon Dock Shipbuilders Limited. In addition, an order for one magnetic bearing compressor to be installed on one of the ships has also been received from the Material Organisation (Mumbai).

These contracts mark another milestone in SRL's growing contribution to critical national infrastructure projects thus reaffirms its expertise in delivering advanced HVAC solutions tailored for defence applications.

With these recent wins, SRL continues to strengthen its role as a trusted partner for India's defence shipbuilding programs. The company's focus on technology-driven and reliable solutions ensures that its systems are prepared to meet the demanding conditions of maritime operations.

SRL remains committed to expanding its presence in this sector while delivering solutions that support operational efficiency, safety, and performance for the nation's defence forces.

Shares of Shree Refrigerations Limited was last trading in BSE at Rs. 251.75 as compared to the previous close of Rs. 248.45. The total number of shares traded during the day was 361000 in over 317 trades.

The stock hit an intraday high of Rs. 256.10 and intraday low of 245.00. The net turnover during the day was Rs. 90964150.00.

Source : Equity Bulls

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ShreeRefrigerations INE0FMZ01045 IndustrialProducts OrderWin Defence