INOX India Limited (INOXCVA), a global leader in cryogenic technology solutions, has recently announced securing orders totaling ₹190 crore during the months of January and February 2025.
As of 1.50 pm today, the shares of INOX India Limited (INOXCVA) were trading at ₹1,010, showing a growth of ₹26.50 or 2.69 per cent on the NSE.
The new orders obtained by the company include a substantial contract from a European university for cryogenic transferlines, as well as a smaller order from an Australian customer for IMO containers designed for storing oxygen, nitrogen, and CO₂. Additionally, INOXCVA secured orders for horizontal and vertical LNG storage tanks, industrial gases storage tanks, vaporizers, and other specialized cryogenic equipment for clients in Europe, the United States, and India.
These recent orders have substantially bolstered INOXCVA’s order book for the fiscal year 2025, which now stands at ₹1,359 crore. This further solidifies the company’s strong market position within the global cryogenic industry.
Deepak Acharya, the Chief Executive Officer of INOX India Limited, expressed his confidence in the company’s advanced cryogenic solutions, noting that the recent orders reflect the trust that customers place in their innovative and reliable equipment. He emphasized the company’s commitment to delivering cutting-edge solutions to meet the increasing demand for clean energy and industrial gas infrastructure.
INOX India operates manufacturing facilities in India, Brazil, and Europe, catering to customers in over 100 countries with support networks in 25 countries.
The article was published on March 6, 2025.
