On June 17, 2025, INOX India Ltd (INOXCVA), a global leader in cryogenic technology, has received fresh orders worth ₹373 crore across all its business divisions in FY25 so far. This includes major orders from both domestic and global clients, reaffirming trust in INOX’s engineering and cryogenic expertise.
The ₹373 crore total is split across key business areas:
The company bagged a ‘Major’ contract from ITER for repair work on the Cryostat Thermal Shield. Other orders include LNG and industrial gas storage tanks, transport tanks, dispensers, and disposable cylinders. These were classified as ‘Large’ or ‘Minor’ depending on value.
Deepak Acharya, CEO of INOX India Ltd, expressed pride in the company’s growing global footprint and highlighted the increasing applications of cryogenic solutions, especially in clean energy. He said the company remains committed to innovation and delivering high-quality products to customers worldwide.
INOX India Ltd is among the world’s top manufacturers of cryogenic storage and distribution systems. Operating in India, Brazil, and Europe, it serves customers in over 100 countries with robust after-sales support in 25 countries. The company plays a key role in promoting LNG adoption in industrial and automotive sectors.
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INOX India share price is currently trading at ₹1,174.40, down ₹9.20 or 0.78% as of 3:19 PM IST on June 17. The stock opened at ₹1,184.00 and touched an intraday high of ₹1,214.50 and a low of ₹1,172.10. The company has a market capitalisation of ₹10,660 crore, a price-to-earnings (P/E) ratio of 47.29, and offers a dividend yield of 0.17%. Its 52-week high stands at ₹1,506.90, while the 52-week low is ₹884.20. The quarterly dividend amount declared by the company is ₹0.50 per share.
With ₹373 crore worth of new orders secured across critical cryogenic domains, INOX India continues to strengthen its global leadership. Its ongoing innovation and strong international demand highlight the rising relevance of cryogenic technology in energy and scientific sectors.
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Published on: Jun 17, 2025, 3:25 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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