Stock Report

INOX India Ltd secures multiple orders worth ₹322 Cr



Posted On : 2026-05-21 20:56:38( TIMEZONE : IST )

INOX India Ltd secures multiple orders worth ₹322 Cr

INOX India Limited (INOXCVA), one of the world's leading cryogenic technology solution providers, has received orders worth ₹322 Crore since April 2026, across the business segments of Industrial Gas, Cryo-scientific Solutions and LNG. The order split includes ₹242 Cr in the Industrial Gas segment, ₹39 Cr in the LNG segment and ₹38 Cr in the Cryoscientific solutions segment, besides other orders. These orders underscore the continued confidence of global majors as well as domestic customers in INOX India's advanced cryogenic capabilities and engineering excellence.

The order book was boosted by a 'Mega' order in the Industrial Gas segment from a global private space exploration company for large-scale cryogenic storage tanks of 1,500 m³ capacity. The IG segment also saw 'Minor' orders for supplies of IMO tanks and liquid cylinders. The Company has secured multiple 'Minor' orders for LNG Semi Trailers and Dispensers. A 'Large' order was received from CERN for the cryogenic modules, besides several lower value orders.

Commenting on the orders received, Deepak Acharya, Chief Executive Officer - INOX India Limited, said, "These orders received in Q1 so far mark an excellent beginning to FY27, and provide clear forward visibility on growth. The healthy product mix in these orders received showcase the consistent demand for high-quality cryogenic solutions across industries and geographies."

Shares of INOX India Limited was last trading in BSE at Rs. 1464.70 as compared to the previous close of Rs. 1447.50. The total number of shares traded during the day was 9294 in over 622 trades.

The stock hit an intraday high of Rs. 1497.55 and intraday low of 1444.90. The net turnover during the day was Rs. 13669795.00.

Source : Equity Bulls

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