INOX India Share Price Surges on Securing Multiple Orders Worth ₹322 Crore

Written by: Team Angel OneUpdated on: 21 May 2026, 8:30 pm IST
INOX India secured orders worth ₹322 crore across industrial gas, LNG and cryo-scientific businesses since April 2026.
INOX India Share Price
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INOX India Ltd announced that it has secured multiple orders worth around ₹322 crore since April 2026 across its industrial gas, LNG and cryo-scientific solutions businesses. The company disclosed the development in a regulatory filing on May 21, 2026.  

Of the total orders, the industrial gas segment contributed ₹242 crore, while LNG orders stood at ₹39 crore. Cryo-scientific solutions accounted for ₹38 crore, with the remaining value coming from smaller contracts across segments.  

Space Sector Order Adds to Book 

The company said a large part of the order inflow came from a global private space exploration company. The contract involves supply of cryogenic storage tanks with a capacity of 1,500 cubic metres.  

INOX India classifies orders above ₹150 crore as “mega” orders. The company also received smaller orders in the industrial gas segment for IMO tanks and liquid cylinders.  

LNG And Scientific Business 

In the LNG business, the company secured orders for LNG semi-trailers and dispensers. It also received an order from CERN for cryogenic modules, along with several lower-value contracts in the cryo-scientific solutions segment.  

As per the exchange filing, Chief Executive Officer Deepak Acharya said, “These orders received in Q1 so far mark an excellent beginning to FY27 and provide clear forward visibility on growth. The healthy product mix in these orders received showcase the consistent demand for high-quality cryogenic solutions across industries and geographies.” 

INOX India Operations 

INOX India manufactures cryogenic storage, regasification and distribution systems used in LNG, industrial gases, liquid hydrogen and scientific applications. The company operates in India, Brazil and Europe.  

According to the company, it serves customers in more than 100 countries and has after-sales support operations across 25 countries. The latest contracts are to add to the company’s existing order pipeline over the coming quarters. 

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INOX India Share Price Performance  

As of May 21, 2026, 2:17 pm, INOX India Ltd share price was trading at ₹1,470.10, up 1.44% from the previous closing price. 

Conclusion  

The fresh contracts include supplies for industrial gas, LNG, and scientific applications. The orders are expected to be executed over the coming quarters. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: May 21, 2026, 2:59 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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