Hot Pursuit
Shree Refrigerations Ltd. is currently down 2.96% to Rs 372.3, adding to recent declines that have seen the stock slip 5.68% over the last one week.
Shree Refrigerations Limited announced it has secured an order worth Rs 7.86 crore (excluding GST) from the Controller Procurement Material Organisation, Mumbai (Indian Navy) for the supply of two Magnetic Bearing Compressor based AC Plants, with a delivery timeline of October 5, 2027. The company, which is publicly listed and focuses on defence-related refrigeration and HVAC systems, has also secured other recent orders from the Indian Navy totaling over Rs 14 crore, as detailed in a press note, and further information is available on the company's website at https://www.shreeref.com/.
Trading volume reached 1.88 lakh shares today, representing a 45.17% increase compared to the average volume over the last one week. Shree Refrigerations Ltd. soared by 29.00% year-over-year, outperforming the 9.98% loss recorded by the NIFTY50 index.