Shree Refrigerations Touches All Time High After Securing ₹49.34 Crore Defence Orders

Mumbai, September 25, 2025: Shree Refrigerations Limited share price saw significant investor demand today, on September 25. At the end of today’s trading session, the shares closed 2.57%, or 6.25 points higher at ₹249. It briefly touched its all time high price of ₹261.50, higher than its previous 52-week high of ₹259.95. The shares made an intraday high of ₹261.50 and a low of ₹240.30. The traded volume stood at 7.91 lakh shares, with the company’s market cap at ₹865 crore.

Shree Refrigerations Limited is an Indian company engaged in the manufacturing and selling of a wide range of commercial and industrial refrigeration equipment. The company was established in 1993, and its headquarters are in Ahmedabad, Gujarat, India. The shares of the company are only listed on BSE with the code 544458.

Key Trigger: Securing ₹49.34 Crore Defence Orders

The significant interest comes after the company announced that it has secured multiple defense orders worth ₹49.34 crore. The first order is from Mazagon Dock Shipbuilders Ltd (MDL) worth ₹25.60 crore. The order is regarding the supply of B&D spares for AC plants onboard P17A class ships.

The second order is from MDL worth ₹19.62 crore for a supply contract of turnkey HVAC system. The last order is from Material Organisations worth ₹4.12 crore, regarding a magnetic bearing compressor-based AC plant.

Company’s Proven Track Record

Ravalnath Gopinath Shende, Managing Director, said the back-to-back order inflows underscore SRL’s proven track record in delivering “end-to-end, energy-efficient, and technologically advanced HVAC solutions for defence platforms”.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/94f39233-eb04-4b7e-ba2b-a6c6b2aab06c.pdf

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