KRN Heat Exchanger and Refrigeration Ltd Hits New 52-Week High at Rs.1020.3

Stock Performance and Milestone Achievement

On 25 Feb 2026, KRN Heat Exchanger and Refrigeration Ltd’s shares touched an intraday high of Rs.1020.3, representing a 7.91% increase during the trading session. This new peak surpasses the previous 52-week high, underscoring the stock’s robust upward trajectory over the past year. The stock has been on a consistent upward path, recording gains for four consecutive days and delivering a cumulative return of 27.47% during this period.

The current price level is a substantial advance from its 52-week low of Rs.589.75, highlighting a remarkable recovery and growth of over 73% from the lowest point in the last year. This performance outpaces the broader market benchmark, with KRN Heat Exchanger and Refrigeration Ltd posting a 12.52% return over the past year compared to the Sensex’s 11.01% gain.

Market Context and Sector Comparison

Today’s rally in KRN Heat Exchanger and Refrigeration Ltd also outperformed its sector peers, with the stock gaining 5.76% on the day and outperforming the Other Industrial Products sector by 5.63%. This outperformance is notable given the broader market environment, where the Sensex opened 304.20 points higher and further climbed 271.50 points to close at 82,801.62, a 0.7% increase. Despite the Sensex trading below its 50-day moving average, the index remains within 4.05% of its own 52-week high of 86,159.02, supported by gains in mega-cap stocks.

Technical Indicators and Moving Averages

From a technical standpoint, KRN Heat Exchanger and Refrigeration Ltd is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment of moving averages suggests sustained positive momentum and a strong bullish trend. The stock’s ability to maintain levels above these averages is often viewed as a sign of underlying strength and investor confidence in the company’s performance.

Mojo Score and Rating Update

KRN Heat Exchanger and Refrigeration Ltd currently holds a Mojo Score of 48.0, reflecting a moderate assessment of its overall financial and market metrics. The company’s Mojo Grade was recently downgraded from Hold to Sell on 4 Dec 2025, indicating a reassessment of its risk and return profile by the rating agency. Despite this downgrade, the stock’s recent price action and technical strength have propelled it to new highs, suggesting a divergence between market sentiment and rating outlook.

Market Capitalisation and Industry Position

The company operates within the Other Industrial Products sector and holds a Market Cap Grade of 3, positioning it as a small-cap entity within its industry. Its market capitalisation and sector classification place it among niche industrial product manufacturers, with a focus on heat exchangers and refrigeration solutions. The stock’s recent performance has brought it into sharper focus within this segment, especially as it outperforms sector averages and broader market indices.

Recent Price Dynamics and Trading Activity

Today’s trading session saw KRN Heat Exchanger and Refrigeration Ltd gain 5.76%, a significant move that contributed to its new 52-week high. The stock’s upward momentum has been supported by sustained buying interest over the last four trading days, during which it has steadily climbed from lower levels. This consistent gain streak has helped the stock recover from earlier volatility and establish a firm foothold above key resistance levels.

Comparative Performance Over One Year

Over the last twelve months, KRN Heat Exchanger and Refrigeration Ltd has delivered a total return of 12.52%, marginally outperforming the Sensex’s 11.01% gain during the same period. This relative outperformance is notable given the stock’s small-cap status and the competitive pressures within the Other Industrial Products sector. The stock’s ability to maintain positive returns amid broader market fluctuations highlights its resilience and the effectiveness of its business model.

Summary of Key Price Levels

The stock’s new 52-week high of Rs.1020.3 stands in contrast to its 52-week low of Rs.589.75, illustrating a wide trading range and significant appreciation over the year. The current price is well above all major moving averages, reinforcing the strength of the recent rally. The day’s high of Rs.1020.3 represents a 7.91% increase intraday, while the overall day change was 5.76%, signalling strong buying momentum.

Sector and Market Environment

The broader market environment has been supportive, with the Sensex advancing 0.7% today and mega-cap stocks leading the gains. Although the Sensex remains below its 50-day moving average, the 50DMA itself is positioned above the 200DMA, indicating a generally positive medium-term trend. KRN Heat Exchanger and Refrigeration Ltd’s outperformance relative to both the Sensex and its sector peers underscores its current market strength.

Conclusion

KRN Heat Exchanger and Refrigeration Ltd’s achievement of a new 52-week high at Rs.1020.3 marks a significant milestone in its stock performance. Supported by strong technical indicators, consistent gains over recent sessions, and outperformance relative to sector and market benchmarks, the stock has demonstrated notable momentum. While the company’s Mojo Grade reflects a cautious stance, the market’s response has been decidedly positive, culminating in this key price breakthrough.

Limited Period Only. Start at Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Get 71% Off →