KRN Heat Exchanger shares hit 5% upper circuit as Q1 net profit more than doubles
Shares of KRN Heat Exchanger and Refrigeration hit a 5% upper circuit at Rs 1,398.80 on the BSE on Thursday, following a strong Q1 FY27 earnings performance. The rally was driven by robust demand across both domestic and international markets.The company’s consolidated revenue from operations for the June quarter more than doubled, surging 118.9% year-on-year (YoY) to Rs 252.32 crore from Rs 115.28 crore in the corresponding period last fiscal. On a sequential basis, revenue grew over 40% YoY f…