KRN Heat Exch Refrig

June 10 - ** KRN Heat Exchanger and Refrigeration KRNH.NS rises about 2% to 1,256 rupees

** Stock hits its highest level in over four weeks

** The heavy electrical equipment company approved a 2.35- billion-rupee ($24.68 million) investment in KRN HVAC Products Private Limited, a wholly owned subsidiary of co

** Capital infusion to help unit fund working capital requirements

** Subsidiary had a turnover of 2.18 billion rupees ($22.89 million) in FY26 vs 151.5 million rupees in FY25

** YTD, stock up ~60%

($1 = 95.2250 Indian rupees)

(Reporting by Saikeerthi in Bengaluru)

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KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• KRN HEAT EXCHANGER AND REFRIGERATION - APPROVES 2.35 BILLION RUPEES INVESTMENT IN KRN HVAC PRODUCTS

Source text: ID:nNSE6z57Dg

Further company coverage: KRNH.NS

May 20 (Reuters) - KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• KRN HEAT EXCHANGER AND REFRIGERATION - APPROVAL UNDER RIPS-2024 FOR ITS NEEMRANA PLANT

Source text: ID:nNSE1XwJC4

Further company coverage: KRNH.NS

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April 7 (Reuters) - KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• UNIT GETS EXPORT ORDER VALUED AT ABOUT 550 MILLION RUPEES

Source text: ID:nBSE8RHX9j

Further company coverage: KRNH.NS

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March 13 (Reuters) - KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• APPROVES FUND RAISING UP TO 5 BILLION RUPEES VIA QIP

• RE-APPOINTMENT OF SANTOSH KUMAR YADAV AS CHAIRMAN AND MD

Source text: ID:nNSEbW5N3f

Further company coverage: KRNH.NS

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** Shares of KRN Heat Exchanger & Refrigeration KRNH.NS rise 8.6% to a one-month high at 731.25 rupees

** Co's Q3 profit jumps 65% year one year to 226.6 million rupees; rev up 37%

** Stock rose ~4% in 2025

(Reporting by Brijesh Patel in Bengaluru)

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Jan 16 (Reuters) - KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• COMPANY RECEIVES EXPORT ORDER FOR HEAT EXCHANGER COILS

• ESTIMATED ORDER VALUE ABOUT 200 MILLION RUPEES

Source text: ID:nNSE17s5vv

Further company coverage: KRNH.NS

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Jan 12 (Reuters) - KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• KRN HEAT EXCHANGER AND REFRIGERATION LTD - APPROVED LOAN AGREEMENT WITH THERMOTECH FOR 100 MILLION RUPEES

Source text: ID:nBSEHFtl5

Further company coverage: KRNH.NS

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Oct 15 (Reuters) - KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• UNIT COMMENCES COMMERCIAL PRODUCTION OF BUS AC DIVISION IN RAJASTHAN

Source text: ID:nBSEMYHgq

Further company coverage: KRNH.NS

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** Shares of KRN Heat Exchanger And Refrigeration KRNH.NS rise as much as 3% to 848 rupees

** Co's unit KRN HVAC Products Private Limited to buy bus air-conditioning division from Sphere Refrigeration Systems Private Limited (SRSPL)

** Stock up 21% YTD

(Reporting by Komal Salecha)

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March 25 (Reuters) - KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• KRN HEAT EXCHANGER AND REFRIGERATION - KRN HVAC SECURES INDIAN RAILWAYS VENDOR APPROVAL

• KRN HEAT EXCHANGER AND REFRIGERATION- APPROVAL PERTAINS TO SUPPLY OF OIL COOLER RADIATORS

Source text: ID:nBSE5hqbtt

Further company coverage: KRNH.NS

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KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• KRN HEAT EXCHANGER AND REFRIGERATION - HVAC PRODUCTS APPROVED AS VENDOR BY MINISTRY OF RAILWAYS

Source text: ID:nNSEps9Nr

Further company coverage: KRNH.NS

Nov 25 (Reuters) - KRN Heat Exchanger and Refrigeration Ltd KRNH.NS:

• KRN HEAT EXCHANGER AND REFRIGERATION- BUYS SHARES OF UNIT KRN HVAC PRODUCTS WORTH 2.36 BILLION RUPEES

Further company coverage: KRNH.NS

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** Shares of KRN Heat Exchanger and Refrigeration KRNH.NS rise 116.9% to 477.25 rupees in debut trade

** Stock opened at 480 rupees from IPO price of 220 rupees

** Air conditioning parts-maker's IPO was oversubscribed 214.42 times per exchange data; got bids worth 518.57 bln rupees ($6.18 bln)

** Co to benefit from quick turnaround times and strong relationships with clients, and consistent profit and rev growth re-inforces appeal - Shivani Nyati, head of wealth, Swastika Investmart

** She adds, even though the IPO's valuation seems reasonable, it is difficult to draw direct comparisons because no peers have been listed

** KRNH will use funds to set up new manufacturing facility in India's Rajasthan state, it said in its RHP

($1 = 83.9360 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

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