KRN Heat Exchanger and Refrigeration Share Price Target 2025 To 2050: KRN Heat Exchanger and Refrigeration Ltd is an Indian-bas company located in Rajasthan, establish in 2017. It specializes in manufacturing heat exchangers and refrigeration products, including heaters, air conditioners (AC), refrigerators, and condenser coils made from various metals. The company offers a wide range of electronic products mainly for heating, cooling, ventilation, and refrigeration systems. KRN Heat Exchanger and Refrigeration Pvt. Ltd has built a reputation for producing high-quality components used in several industrial and residential applications.
What is KRN Heat Exchanger and Refrigeration Ltd?
KRN Heat Exchanger and Refrigeration Ltd manufactures and sells heat exchangers, evaporators, and condenser coils, using materials like aluminium and copper. These products are essential in air conditioners, heaters, refrigeration, and ventilation systems for both residential and industrial use. With a strong customer base in both local and international markets, KRN is known for delivering reliable and high-performance products. Its clients include leading brands such as Daikin Air Conditioning India, Blue Star, and Schneider Electric IT Business India.
KRN Heat Exchanger and Refrigeration IPO Overview
KRN Heat Exchanger went public with an Initial Public Offering (IPO) that offered 15,543,000 new shares. The price range for each share was fixed between ₹209 and ₹220. The IPO was oversubscribed by an incredible 214.42 times, with investors bidding 431.63 times more than the available shares. This overwhelming response indicates a strong interest in the stock, and investors expect significant price movement when the stock is listed on the exchange.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | -23 | +90 |
KRN Heat Exchanger and Refrigeration Ltd Earnings Overview
Metric | Value |
Assets | ₹148.76 Cr |
ROE (Return on Equity) | 40.86% |
ROCE (Return on Capital Employed) | 31.21% |
Debt/Equity Ratio | 0.45 |
RoNW (Return on Net Worth) | 29.68% |
PAT Margin | 12.67% |
Profit After Tax | ₹32.31 Cr |
Net Worth | ₹59.57 Cr |
Total Borrowing | ₹249.89 Cr |
KRN Heat Exchanger and Refrigeration Share Details
Metric | Value |
Open | ₹899.05 |
High | ₹940.00 |
Low | ₹885.55 |
Market Cap | ₹5.73K Cr |
P/E Ratio | – |
Dividend Yield | – |
52-week High | ₹1,012.00 |
52-week Low | ₹402.10 |
KRN Heat Exchanger and Refrigeration Share Price Target 2025, 2030, 2040 To 2050
KRN Heat Exchanger and Refrigeration Share Price Target 2025 ₹1291, 2030 ₹957, 2040 ₹2268 To 2050 ₹3513.
- Founded: 2017
- Headquarters: India
- Number of employees: 171 (2025)
- Subsidiary: KRN HVAC Products Private Limited
KRN Heat Exchanger and Refrigeration Share Price Target 2025 To 2050
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | ₹647 | ₹1291 |
2030 | ₹790 | ₹957 |
2040 | ₹1900 | ₹2268 |
2050 | ₹3008 | ₹3513 |
KRN Heat Exchanger Share Price Target 2025
KRN Heat Exchanger’s business is focus on making fin-and-tube heat exchangers and coils with copper and aluminium. These products are used in a wide range of applications, from air conditioning to refrigeration. As the company continues to expand both locally and internationally, the demand for these products is likely to increase. Given the company’s promising future and the strong response to its IPO, experts predict a share price target of ₹1291 by 2025.
- Minimum Price (Rs): ₹647
- Maximum Price (Rs): ₹1291
Month Wise KRN Heat Exchanger Share Price Target 2025
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | ₹675 | ₹904 |
February | ₹726 | ₹1012 |
March | ₹787 | ₹1057 |
April | ₹721 | ₹1068 |
May | ₹647 | ₹1088 |
June | ₹780 | ₹1098 |
July | ₹830 | ₹1110 |
August | ₹878 | ₹1142 |
September | ₹930 | ₹1168 |
October | ₹978 | ₹1225 |
November | ₹1085 | ₹1255 |
December | ₹1110 | ₹1291 |
KRN Heat Exchanger Share Price Target 2030
By 2030, KRN Heat Exchanger is expect to continue its growth trajectory, with expand operations in both domestic and international markets. With its well-establish customer base and the increasing demand for air conditioners, heating, and refrigeration systems, the company is set for steady growth. As per expert predictions, the target share price in 2030 is project to reach ₹957.
- Minimum Price (Rs): ₹790
- Maximum Price (Rs): ₹957
Month Wise KRN Heat Exchanger Share Price Target 2030
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | ₹790 | ₹815 |
February | ₹798 | ₹820 |
March | ₹807 | ₹831 |
April | ₹819 | ₹856 |
May | ₹827 | ₹869 |
June | ₹825 | ₹887 |
July | ₹851 | ₹913 |
August | ₹873 | ₹920 |
September | ₹880 | ₹921 |
October | ₹900 | ₹920 |
November | ₹890 | ₹940 |
December | ₹900 | ₹957 |
KRN Heat Exchanger Share Price Target 2040
KRN Heat Exchanger has establish a robust manufacturing process and has made significant strides in offering custom and standard coils for various uses. The company’s strong financial performance and its strategic focus on quality and customer relationships are expect to lead to steady price growth in the coming years. By 2040, the share price target is project to reach ₹2268.
- Minimum Price (Rs): ₹1900
- Maximum Price (Rs): ₹2268
Month Wise KRN Heat Exchanger Share Price Target 2040
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | ₹1900 | ₹1937 |
February | ₹1920 | ₹1955 |
March | ₹1934 | ₹1967 |
April | ₹1950 | ₹1980 |
May | ₹1940 | ₹2010 |
June | ₹1954 | ₹2034 |
July | ₹1970 | ₹2057 |
August | ₹1997 | ₹2100 |
September | ₹2031 | ₹2135 |
October | ₹2058 | ₹2156 |
November | ₹2104 | ₹2123 |
December | ₹2136 | ₹2268 |
KRN Heat Exchanger Share Price Target 2050
As KRN Heat Exchanger continues to enhance its products and quality control mechanisms, it is expect that demand for its high-quality heat exchangers, coils, and custom products will grow significantly. The company’s international presence and long-standing client relationships provide it with a solid foundation for future growth. By 2050, the share price target is expect to reach ₹3513.
- Minimum Price (Rs): ₹3008
- Maximum Price (Rs): ₹3513
Month Wise KRN Heat Exchanger Share Price Target 2050
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | ₹3008 | ₹3027 |
February | ₹3015 | ₹3050 |
March | ₹3027 | ₹3065 |
April | ₹3054 | ₹3110 |
May | ₹3100 | ₹3154 |
June | ₹3129 | ₹3200 |
July | ₹3157 | ₹3234 |
August | ₹3210 | ₹3256 |
September | ₹3237 | ₹3310 |
October | ₹3254 | ₹3329 |
November | ₹3310 | ₹3420 |
December | ₹3390 | ₹3513 |
Should You Buy KRN Heat Exchanger and Refrigeration Ltd Stock?
KRN Heat Exchanger and Refrigeration Ltd is well-position in the heating, cooling, and ventilation industry. The company has gained trust from both domestic and international clients, including major brands like Daikin and Schneider Electric. It has demonstrated solid growth in both revenue and profits and shows strong potential for future growth. The company’s focus on high-quality products and its strategic international presence makes it an attractive option for investors.
KRN Heat Exchanger and Refrigeration Ltd Stock: Bull vs. Bear Case
Bull Case:
- Rising demand for air conditioners, heating, and ventilation systems due to urbanization and climate change.
- Strong client relationships with leading global companies like Daikin and Schneider Electric.
- High-quality products backed by rigorous testing methods.
- Expanding international footprint, reducing business risk.
- Demonstrated strong growth in both sales and profits.
Bear Case:
- Competition within the industry could lead to price cuts, which might negatively impact profits.
- Raw material costs, particularly for copper and aluminium, are subject to fluctuation, which could reduce profit margins.
- The need for continual technological advancements to stay competitive in the market.
What does a KRN Heat Exchanger do?
KRN Heat Exchanger and Refrigeration Limited (KRN) manufactures and exports fin and tube-type heat exchangers, primarily for the HVAC&R (Heating, Ventilation, Air Conditioning, and Refrigeration) industry, using materials like copper and aluminum.
Who is the owner of KRN Heat Exchanger and refrigeration?
Mr. Santosh Kumar – Founder & Managing Director
A Mechanical Engineer with more than 20 years of rich experience in heat exchangers and refrigeration units manufacturing.
Is KRN Heat Exchanger IPO good?
It marked good growth for FY23 and FY24 and with the expansion plans afoot, it is poise for galloping performance in coming years. Though based on FY24 earnings, the issue appears fully priced, investors may lap it up for medium to long term.
Our price forecasting model for analyzing Share targets employs a detailed, data-driven approach to determine monthly price projections. This methodology integrates classic analytical tools, including long-term pivot point analysis, historical performance metrics, and volatility assessment. Below, we outline the key components and processes that constitute our forecasting framework. It is essential to recognize that these price estimates are purely mathematical and should not be considered financial advice. Stock markets are highly dynamic, influenced by multiple unpredictable factors that no single model can comprehensively capture.
Long-Term Pivot Point Analysis
At the core of our methodology lies long-term pivot point analysis, complemented by Fibonacci series calculations. These pivot points help determine critical support and resistance levels, providing a structured framework for anticipating potential price movements.
Pivot = Previous Close Resistance_n = Pivot + (Range × F_n) Support_n = Pivot - (Range × F_n)
Where:
- F_n represents Fibonacci multipliers (e.g., 0.382, 0.618, 1.000).
- Range is the difference between the highest and lowest prices over a specific period.
Historical Performance Analysis
A stock's historical performance plays a vital role in predicting its future behavior. Our model conducts an extensive analysis of past data to determine average returns over various timeframes, capturing both short-term fluctuations and long-term trends.
Average Return = (1/N) Σ R_i
Where:
- N is the number of periods (e.g., months or quarters).
- R_i represents the return in the i-th period.
Volatility Assessment
Market volatility is a crucial factor in assessing risk and uncertainty associated with stock price movements. Our methodology incorporates a comprehensive evaluation of stock volatility, measured by the standard deviation of historical returns.
σ = √[(1/(N-1)) Σ (R_i - μ)^2]
Where:
- μ is the mean return.
- R_i is the return in the i-th period.
- N is the total number of returns.
Integrated Predictive Modeling
Our forecasting model integrates pivot point analysis, historical performance, and volatility assessments through advanced predictive techniques, ensuring data-driven and adaptable price projections.
- Calibration Based on Historical Performance: Utilizing past average returns and volatility metrics to align future price targets with the stock’s established patterns.
- Mathematical Optimization: Applying techniques such as the Least Squares Method (LSM) to optimize projections, reducing errors and enhancing forecast precision.
- Dynamic Adjustment: Incorporating real-time market data to refine predictions, ensuring forecasts remain relevant and up-to-date.
Target Price Calibration
The final step in our methodology is the precise calibration of monthly price targets, ensuring they align with analytical insights and market conditions.
Target Price_next month = Current Price × (1 + Adjusted Growth Rate)
Where:
- Adjusted Growth Rate is derived from historical average returns and volatility, refined through our integrated predictive modeling approach.
This ensures that price targets account for both growth potential and associated risks, providing balanced and actionable forecasts.