Inox India shares jumped nearly 3% on Thursday, hitting an intraday high of ₹1,497 apiece on the NSE following the company's announcement of securing significant orders across multiple business segments. According to reports from Upstox, the stock buzzed in afternoon trade after the company disclosed securing orders worth ₹322 crore since April 2026.
The orders were distributed across three key business segments with ₹242 crore allocated to the Industrial Gas segment, ₹39 crore to LNG, and ₹38 crore to Cryo-scientific solutions, as reported by Upstox. The Industrial Gas segment secured a 'Mega' order from a global private space exploration company for large-scale cryogenic storage tanks of 1,500 m³ capacity, along with 'Minor' orders for IMO tanks and liquid cylinders. The LNG segment received multiple 'Minor' orders for LNG Semi Trailers and Dispensers, while Cryo-scientific solutions secured a 'Large' order from CERN for cryogenic modules.
In Q4FY26, Inox India achieved its highest ever revenue of ₹475 crore, driven by the highest ever LNG segment revenue at ₹457 crore and the highest ever export segment revenue at ₹291 crore, according to Upstox reports. The company's EBITDA grew by 13.6% to ₹108 crore compared to ₹95 crore in the same quarter last year, while net profit jumped 15.6% from ₹66 crore to ₹74 crore in the quarter ending March 31, 2026.
As reported by Upstox, Inox India has delivered strong returns in 2026, with the share price delivering 32.2% returns on a year-to-date basis and 24% over the past year. The company operates as one of the largest manufacturers of Cryogenic Storage, Regas and Distribution Systems for LNG, Industrial Gases and Cryo-Scientific applications.
