16 Oct 2025

KRN Heat Exchanger and Refrigeration Shares Gain 0.82%; Subsidiary Begins Bus AC Production in Rajasthan

KRN Heat Exchanger and Refrigeration is currently trading at RS 840.25, rising by 6.80 points or 0.82% from its previous close of RS 833.45 on the BSE.

The stock opened at RS 834.00 and touched an intraday high of RS 845.00 and a low of RS 834.00. A total of 3,165 shares were traded so far on the counter.

Classified under the BSE group ‘B’, the company’s stock of face value RS 10 has recorded a 52-week high of RS 1011.60 on February 6, 2025, and a 52-week low of RS 415.50 on October 25, 2024. In the past week, the scrip traded between RS 864.90 (high) and RS 828.15 (low). The company currently holds a market capitalization of RS 5236.38 crore.

Promoters hold 70.79% stake in the company, while Institutions and Non-Institutions own 11.67% and 17.54%, respectively.

In a major development, KRN Heat Exchanger and Refrigeration’s wholly owned subsidiary KRN HVAC Products has commenced commercial production and operations of its Bus AC Division at the manufacturing plant located in Kolila Joga, Alwar, Rajasthan, effective October 15, 2025. The facility specializes in producing Heat Exchangers and HVAC products.

KRN Heat Exchanger and Refrigeration is engaged in manufacturing fin and tube type heat exchangers catering to the Heating, Ventilation, Air Conditioning and Refrigeration (HVAC&R) industry.