India's Shree Refrigerations soars on 1 bln-rupee order win

Shree Refrigerations

25/08/2025 07:14

** Shree Refrigerations SREF.BO soars 18% to 213 rupees, highest since listing on August 1

** Air conditioner maker secures 1.07 bln-rupee ($12.2 mln)order from Hindustan Shipyard

** Order includes supply, installation of heating, ventilation, air conditioning systems for five fleet support ships

** Stock was up ~13% before order announcement

** SREF gains 21% since market debut

($1 = 87.4500 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))