INOX India Restricted (INOXCVA), a world chief in cryogenic expertise options, has secured orders valued at ₹190 crore throughout January and February 2025, the corporate introduced right this moment.
The shares of INOX India Restricted (INOXCVA) had been buying and selling at ₹1,010 up by ₹26.50 or 2.69 per cent on the NSE right this moment at 1.50 pm.
The brand new orders embrace a big contract from a European college for cryogenic transferlines and a smaller order from an Australian buyer for IMO containers for oxygen, nitrogen, and CO₂. Further orders encompass horizontal and vertical LNG storage tanks, industrial gases storage tanks, vaporizers, and different specialised cryogenic gear for purchasers throughout Europe, the USA, and India.
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With these new orders, INOXCVA’s orderbook for the fiscal yr 2025 now stands at ₹1,359 crore, demonstrating the corporate’s robust market place within the world cryogenic trade.
“These orders reaffirm our clients’ belief in INOX India’s cutting-edge cryogenic options,” mentioned Deepak Acharya, Chief Govt Officer of INOX India Restricted. He added that the corporate stays dedicated to delivering revolutionary and dependable cryogenic gear as demand for clear power and industrial gasoline infrastructure continues to rise.
INOX India operates manufacturing services in India, Brazil, and Europe, serving clients in over 100 international locations with assist networks in 25 international locations.
