Synopsis:

Shree Refrigerations Ltd strengthens its defence HVAC portfolio with multiple contracts, including Mazagon Dock and Hindustan Shipyard orders, boosting its order book by Rs. 49.34 crore and reinforcing its market leadership.

The defence HVAC stock attracted renewed investor interest as a fresh naval contract from Mazagon Dock Shipbuilders pushed shares higher, reflecting confidence in the company’s order momentum and its positioning as a key indigenous supplier in shipbuilding projects.

Shree Refrigerations Ltd , with a market capitalization of Rs. 903.23 crore, opened at Rs. 244, touched an intraday high of Rs. 261.50, and closed near its day’s range. The surge from the previous close of Rs. 242.75 to the high reflects an intraday gain of approximately 7.75 percent.

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