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Shree Refrigerations Limited secures Rs 26.44 crore order from Garden Reach Shipbuilders for specialized components
07-Nov-26   15:04 Hrs IST

Shree Refrigerations Ltd. is currently down 4.21% to Rs 296.85, extending a recent decline that includes a 3.16% drop over the last week.

Shree Refrigerations Limited announced it has secured a new order worth Rs 26.44 crore (excluding GST) from Garden Reach Shipbuilders & Engineers Limited for the supply of a range of specialized components, including electronic control cards, compressor inverters, and pump bearings, among others. The order, awarded to the company on November 7, 2026, is expected to be executed by July 5, 2027, and represents a significant development for the defence-focused manufacturer, which has been serving the Indian Navy and strategic defence sectors for over three decades and was publicly listed on the Stock Exchange on August 1, 2025.

Trading volume reached 1.24 lakh shares today, a decrease of 60.13% compared to the average volume over the one-week period. Shree Refrigerations Ltd soared by 32.29% year-over-year, outperforming the NIFTY50 index's 1.88% loss.

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