Inox India shares jump 5% after bagging orders worth ₹939 crore since May

Inox India shares jump 5% after bagging orders worth ₹939 crore since May


Shares of Inox India Ltd. gained as much as 5% in trade on Wednesday, July 8, after the company announced it had secured multiple orders worth ₹939 crore across its business segments since May 21.

The orders span the Industrial Gas, LNG and Cryo-scientific Solutions businesses. Of the total order value, ₹871 crore came from the Industrial Gas segment, ₹44 crore from LNG, ₹16 crore from Cryo-scientific Solutions and ₹8 crore from beverage keg orders.

According to the company, the order wins reinforce its position in the global cryogenic solutions market, with customers across India and overseas.

The Industrial Gas business was led by a mega order from the space exploration industry, along with several smaller orders for vaporizers and storage tanks.

In the LNG segment, the company secured multiple orders for storage tanks, dispensers, semi-trailers and LNG fuelling station equipment. It also received a smaller order from ITER during the period.

Additionally, the company won multiple orders for disposable cylinders, liquid cylinders, transport tanks and beverage kegs.

Commenting on the order wins, Chief Executive Officer Deepak Acharya said the orders reflect growing global demand for the company’s cryogenic solutions, particularly from the space sector. He added that the company remains focused on engineering innovation and delivering mission-critical cryogenic systems across industries.



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