KRN Heat Exchanger and Refrigeration Share Price Target 2025 To 2030- Market Overview, Current Chart
KRN Heat Exchanger and Refrigeration Limited, established in 2017, is a prominent Indian manufacturer specializing in aluminum and copper fin-and-tube heat exchangers. Their product range includes condenser coils, evaporator units, fluid and steam coils, and sheet metal parts, serving the heating, ventilation, air conditioning, and refrigeration (HVAC&R) industry. Headquartered in Neemrana, Rajasthan, KRN has built a strong reputation both domestically and internationally, catering to clients across Asia, Europe, and North America. KRN Heat Exchanger and Refrigeration Share Price on NSE as of 18 March 2025 is 876.90 INR.
KRN Heat Exchanger and Refrigeration Share Price Chart
KRN Heat Exchanger and Refrigeration Market Overview
- Open: 880.80
- High: 895.00
- Low: 857.55
- Previous Close: 881.45
- Volume: 2,984,494
- Value (Lacs): 26,145.66
- VWAP: 876.46
- UC Limit: 1,057.70
- LC Limit: 705.20
- 52 Week High: 1,012.00
- 52 Week Low: 402.10
- Mkt Cap (Rs. Cr.): 5,445
- Face Value: 10
KRN Heat Exchanger and Refrigeration Share Price Target 2025 To 2030
KRN Heat Exchanger and Refrigeration Share Price Target Years | KRN Heat Exchanger and Refrigeration Share Price |
2025 | ₹1015 |
2026 | ₹1100 |
2027 | ₹1200 |
2028 | ₹1300 |
2029 | ₹1400 |
2030 | ₹1500 |
KRN Heat Exchanger and Refrigeration Share Price Target 2025
KRN Heat Exchanger and Refrigeration share price target 2025 Expected target could be ₹1015. Here are 8 key factors that can influence KRN Heat Exchanger and Refrigeration’s share price target by 2025:
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Capacity Expansion Plans – The company aims to expand its production capacity sixfold by May 2025, which could significantly boost revenue and market share.
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Financial Performance – Strong financial results, such as a 74% year-on-year growth in total income for Q3 FY25, indicate robust operational performance, positively impacting investor confidence.
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Industry Growth Trends – The Indian heat exchanger industry is projected to grow at a CAGR of 11.6%, reaching $1.49 billion by 2030, providing a favorable market environment for the company.
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Product Line Diversification – Introducing new products like bar and plate heat exchangers and roll bond heat exchangers can open up new revenue streams and cater to a broader customer base.
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Technological Advancements – Investments in advanced manufacturing technologies and R&D can enhance product quality and operational efficiency, leading to better profitability.
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Export Market Expansion – Expanding into international markets can diversify revenue sources and reduce dependence on domestic demand fluctuations.
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Raw Material Cost Management – Effective management of raw material costs is crucial for maintaining profit margins, as fluctuations can significantly impact production expenses.
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Government Policies and Incentives – Favorable government policies, such as tax incentives and support for manufacturing, can enhance profitability and encourage further investment.
KRN Heat Exchanger and Refrigeration Share Price Target 2030
KRN Heat Exchanger and Refrigeration share price target 2025 Expected target could be ₹1500. Here are 8 key factors that can influence KRN Heat Exchanger and Refrigeration’s share price target by 2030:
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Industry Growth Trends – The Indian HVACR industry, which contributes significantly to KRN’s revenue, is projected to grow nearly 15% per annum until 2029.
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Global Market Expansion – The global air-cooled heat exchanger market is projected to grow at a CAGR of 6.0% from 2025 to 2030, reaching $6.25 billion by 2030.
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Technological Advancements – Investments in advanced manufacturing technologies and R&D can enhance product quality and operational efficiency, leading to better profitability.
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Diversification of Product Line – Introducing new products like bar and plate heat exchangers and roll bond heat exchangers can open up new revenue streams and cater to a broader customer base.
-
Raw Material Cost Management – Effective management of raw material costs is crucial for maintaining profit margins, as fluctuations can significantly impact production expenses.
-
Government Policies and Incentives – Favorable government policies, such as tax incentives and support for manufacturing, can enhance profitability and encourage further investment.
-
Export Market Expansion – Expanding into international markets can diversify revenue sources and reduce dependence on domestic demand fluctuations.
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Sustainability Initiatives – Adopting eco-friendly manufacturing practices and developing energy-efficient products can enhance the company’s reputation and appeal to environmentally conscious customers.
KRN Heat Exchanger and Refrigeration Shareholding Pattern
Promoters | 70.79% |
FII | 1.98% |
DII | 8.18% |
Public | 19.05% |
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