This Inox Group stock is in focus after it received multiple orders worth Rs. 373 Crores across several segments, including Industrial Gas, Cryo-scientific Solutions, LNG, and Beverage Kegs.
With a market capitalisation of Rs. 10,837 Crore, the stock of Inox India opened at Rs. 1,219.95, up 3.15 percent from yesterday’s close, The opening is also the high for the stock.
Order Update
The company has secured orders worth Rs. 373 crore across segments, including Industrial Gas, Cryo-scientific Solutions, LNG, and Beverage Kegs. Major orders include Rs. 151 Cr from the Cryo-scientific segment, Rs. 141 Cr from Industrial Gas, and Rs. 71 Cr from LNG.
Notably, the company received a significant contract from ITER for the repair of a Cryostat Thermal Shield. These orders reflect growing demand and trust in INOX India’s innovative cryogenic systems, especially amid rising interest in clean energy solutions.
INOX India CEO Deepak Acharya highlighted that the new orders strengthen the company’s position as a trusted global provider of cryogenic solutions. He emphasised the growing demand and emerging applications, particularly in the clean energy space, and reaffirmed the company’s commitment to delivering high-quality, innovative products worldwide.
INOX India Ltd is a leading manufacturer and global supplier of cryogenic equipment and systems. The company specialises in providing solutions across various sectors, including industrial gases, liquefied natural gas (LNG), cryo-scientific applications, and beverage packaging. Known for its engineering excellence and innovation, INOX India serves clients across numerous countries and plays a key role in advancing clean energy technologies.
The company reported a 33.21 percent YoY increase in revenue from Rs. 277 Crore in Q4FY24 to Rs. 369 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 10.47 percent in revenue from Rs. 334 Crore in the previous quarter.
Their Net profit saw an increase of 50 percent YoY from Rs. 44 Crore to Rs. 66 Crore for the same period. On a QoQ basis, the company reported an increase of 13.79 percent in Net profit from Rs. 58 Crore in the previous quarter..
Written By Abhishek Das
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.