Patel Airtemp hits a new high

By Research Desk
about 10 years ago

Patel Airtemp, with a 2.5 times surge in volumes, is doing pretty well today morning. The stock opened higher at Rs.170, going on to hit a 52-week high at Rs.179.40, its current price, up 16.5%.

The stock is in the limelight after it announced yesterday after market closure that it has received an export order worth Rs. 56 crore for Air Cooled Heat Exchangers, under International competition to supply to Venezuela (South America).

The company manufactures & exports shell and tube heat exchange, air cooled heat exchangers, columns, refrigeration & air conditioning equipments, window air conditioners, split air conditioners, ductable split air conditioners, air-cooled packaged air conditioner

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