Shree Refrigerations Shares Rally 17% After Securing Rs 4.12 Crore Defence Supply Order
By Shishta Dutta | Published at: Sep 22, 2025 06:15 PM IST
Mumbai, September 22, 2025 – The shares of Shree Refrigerations Ltd (BSE: 544458) rose by 17% today and closed at ₹247.10 per share after the company’s disclosure of receiving a significant domestic supply order worth ₹4.12 crore from the Material Organization (Mumbai), which is a defence procurement unit of the Indian Navy.
Market Performance
The stock closed at ₹247.10 (+17% from the previous day’s close). With this, the company marked a fresh 52-week high of ₹248 before consolidating a bit. The day’s lowest point was during the early trading (₹216.20). With today’s surge, the stock has risen by close to 37.13% in the past month. Around 22 lakh shares were traded today with the total trading value of ₹54.21 crore.
Order Details
As underlined before, the company has secured an order valued at ₹4.12 crore (including GST) from the Material Organization (Mumbai), which is the procurement unit of the Indian Navy. The order relates to the supply of a Magnetic Bearing compressor-based AC plant. The order does not include any related party transactions, highlighting the company’s technical capabilities in delivering advanced AC solutions and enhancing the revenue pipeline. Since the execution time is just under a year, it implies a fixed cash inflow and also improves the customer base of the enterprise.
About the Company
Shree Refrigerations Ltd, listed on the BSE SME platform, operates in the industrial products sector with a focus on advanced refrigeration and air-conditioning systems. The company has evolved from a private entity to a listed firm and continues to expand its order book across defence and industrial markets.
REF:https://www.bseindia.com/xml-data/corpfiling/AttachLive/8bae0a78-1f46-4e7c-99f8-8dca93b663f5.pdf
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