Bengaluru, Oct. 7 -- A small-cap Company that is engaged in the business of manufacturing fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning, and Refrigeration Industry, is in the spotlight after announcement that its subsidiary, KRN HVAC Products, signed a Business Transfer Agreement to acquire the Bus Air-Conditioning division of Sphere Refrigeration Systems.
With the market capitalization of Rs. 5,357.28 crore, the shares of KRN Heat Exchanger and Refrigeration Ltd is trading at Rs. 861.35, up by 4.12 percent from its previous day's close price of Rs. 827.25 per equity share, and it has reached a high of Rs. 892 in the same trading day up by 8 percent.
The stock has delivered an annual return of 104.06 percen...
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