KRN Heat Exchanger And Refrigeration (KRN) Share Price Falls in Second Straight Session
- October 16, 2026
- Posted by: Kunal Singla
- Category: News
KRN Heat Exchanger And Refrigeration Share Price is trading lower in its second straight session, with the stock at Rs 1,157 after a cumulative 14.73% fall from the streak start base price of Rs 1,356.9. Univest data confirms the move itself, though no company-specific trigger has been identified. For readers following KRN Heat Exchanger And Refrigeration Share Price, this matters because the decline is not just a one-session move; it is part of a two-day pattern that has pulled the stock further away from its recent reference point.
The company’s market capitalisation stands at Rs 8,882.06 crore, which places KRN Heat Exchanger And Refrigeration Share Price in the Mid Cap category. A second straight lower session gives more context than a single-day decline because it shows that the weakness has persisted across consecutive trading hours rather than appearing as an isolated swing. The latest KRN Heat Exchanger And Refrigeration Share Price move therefore deserves a look at the day’s range, the valuation profile and the sector benchmark before drawing any broader conclusion.
KRN Heat Exchanger And Refrigeration (KRN) Share Price Fall Streak: Consecutive Decline Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,157 |
| Previous Close | Rs 1,226.15 |
| Today's Move | -Rs 69.15 (-5.64%) |
| Open | Rs 1,227 |
| High | Rs 1,230.2 |
| Low | Rs 1,149 |
| Market Capitalisation | Rs 8,882.06 crore |
KRN Heat Exchanger And Refrigeration Share Price was at Rs 1,157 as of 16 October 2026 at 2:22:57 PM IST, lower than the previous close of Rs 1,226.15. The stock declined by Rs 69.15, or 5.64%, during the latest session, after opening at Rs 1,227. The day’s range ran from Rs 1,230.2 at the high to Rs 1,149 at the low, so the latest traded price was near the lower end of that band. KRN Heat Exchanger And Refrigeration Share Price also remains well below the streak start base price of Rs 1,356.9, which is why the two-session decline is more meaningful than the latest move alone.
From a market-cap perspective, KRN Heat Exchanger And Refrigeration Share Price is tied to a company valued at Rs 8,882.06 crore. The Mid Cap label is relevant because it frames the move as one in a company large enough to be tracked closely, yet still capable of sharper percentage changes than more mature heavyweights. On a price-action basis, the key facts are simple: lower than the previous close, weaker than the opening price and trading near the lower end of the day’s range. That sets up the fundamental context behind KRN Heat Exchanger And Refrigeration Share Price.
What the Consecutive Declines Show
The consecutive declines in KRN Heat Exchanger And Refrigeration Share Price show a second straight session of weakness, with the cumulative move now at -14.73% from Rs 1,356.9. That is the main difference between a one-day fall and a streak: the latter changes the reference point investors use to read the stock. KRN Heat Exchanger And Refrigeration Share Price has not just adjusted once; it has stayed under pressure across two sessions, which makes the current level more important for chart-watchers, valuation observers and sector comparables alike.
According to Univest data, the streak confirms a repeated downward pattern, but it does not establish a company-specific cause. For investors, that means the focus shifts from trying to assign a reason to checking whether the valuation, business quality and sector positioning still justify the current KRN Heat Exchanger And Refrigeration Share Price. The longer the decline continues, the more the market is re-pricing the stock relative to its prior base, even before any new operating detail enters the frame.
KRN Heat Exchanger And Refrigeration (KRN) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 8,882.06 crore |
| P/E Ratio | 82.79x |
| P/B Ratio | 8.39x |
| ROE | 14.26% |
| ROCE | 16.06% |
| EPS | Rs 14.81 |
| Book Value Per Share | Rs 146.18 |
| Dividend Yield | 0% |
KRN Heat Exchanger And Refrigeration (KRN) fundamental metrics show P/E 82.79x, P/B 8.39x, ROE 14.26%, ROCE 16.06%. Read together, these ratios describe the company’s position rather than a recommendation.
KRN Heat Exchanger And Refrigeration has a market capitalisation of Rs 8,882.06 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 82.79x, P/B at 8.39x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 14.26% and ROCE of 16.06%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 14.81, book value per share of Rs 146.18, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 28.33x, median ROE of 13.59%, median ROCE of 15.96%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Engineering – Industrial Equipments |
| Benchmark Scope | same industry |
| Company P/E Ratio | 82.79x |
| Benchmark Median P/E | 28.33x |
| Benchmark Average P/E | 89.8x |
| Benchmark P/E Range | 0.75x to 6,243.09x |
| Company P/B Ratio | 8.39x |
| Benchmark Median P/B | 2.93x |
| Benchmark Average P/B | 8.74x |
| Company ROE | 14.26% |
| Benchmark Median ROE | 13.59% |
| Benchmark Average ROE | 19.32% |
| Company ROCE | 16.06% |
| Benchmark Median ROCE | 15.96% |
| Benchmark Average ROCE | 18.65% |
| Company Market Capitalisation | Rs 8,882.06 crore |
| Benchmark Median Market Cap | Rs 352.19 crore |
| Benchmark Average Market Cap | Rs 2,888.1 crore |
KRN Heat Exchanger And Refrigeration (KRN) operates in the Capital Goods sector, within the Engineering – Industrial Equipments industry.
KRN Heat Exchanger And Refrigeration (KRN) has a P/E ratio of 82.79x, which is above the benchmark median of 28.33x, a difference of +192.23%. The P/E comparison frames valuation; it is not a signal to buy or sell.
KRN Heat Exchanger And Refrigeration (KRN) has a ROE of 14.26%, which is above the benchmark median of 13.59%, a difference of +4.93%. KRN Heat Exchanger And Refrigeration (KRN) has a ROCE of 16.06%, which is above the benchmark median of 15.96%, a difference of +0.63%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Bharat Heavy Electricals | BHEL | 1,61,393.64 | 52.58 | 5.66 | 6.29 | 9.24 |
| Thermax | THERMAX | 39,406.18 | 65.68 | 7 | 13.76 | 15.85 |
| Jyoti CNC Automation | JYOTICNC | 23,081.17 | 69.21 | 10.82 | 18.22 | 21.34 |
| Inox India | INOXINDIA | 18,797.31 | 72.17 | 15.78 | 26.11 | 33.54 |
| Azad Engineering | AZAD | 18,542.06 | 127.74 | 11.35 | 9.14 | 12.04 |
KRN Heat Exchanger And Refrigeration (KRN) has a P/E ratio of 82.79x compared with the displayed peer median of 69.21x. Peer multiples give relative context only, not a buy or sell view. Its ROE of 14.26% compares with a peer median of 13.76% across the companies shown in the table. ROCE stood at 16.06% versus the displayed peer median of 15.85%, providing a capital-efficiency comparison. KRN Heat Exchanger And Refrigeration (KRN) has a market capitalisation of Rs 8,882.06 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching KRN Heat Exchanger And Refrigeration
- KRN Heat Exchanger And Refrigeration Share Price is in a second straight session of decline, with a cumulative 14.73% fall from the streak base.
- The latest price of Rs 1,157 is below the previous close of Rs 1,226.15 and near the lower end of the day’s range.
- At a P/E of 82.79 and P/B of 8.39, the valuation remains sensitive to further price changes.
- ROE of 14.26% and ROCE of 16.06% give the stock a profitability profile that can be compared directly with Capital Goods peers.
- Mid Cap positioning and Rs 8,882.06 crore market capitalisation make KRN Heat Exchanger And Refrigeration Share Price a relevant tracker within the engineering equipment space.
About KRN Heat Exchanger And Refrigeration
KRN Heat Exchanger And Refrigeration operates in the Capital Goods sector, specifically the Engineering – Industrial Equipments industry. For readers following KRN Heat Exchanger And Refrigeration Share Price, the business context that matters most is its position as an industrial equipment name with a Mid Cap market value. That makes the stock sensitive to both valuation and operating quality, especially when the share price is already moving in a streak. The company’s reported fundamentals suggest a business that the market has been willing to value at a premium relative to the industry median.
Track KRN Heat Exchanger And Refrigeration Share Price on Univest
Use KRN Heat Exchanger And Refrigeration (KRN) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Track KRN Heat Exchanger And Refrigeration Share Price on Univest to follow the latest traded price, market cap, P/E ratio, P/B ratio, ROE, ROCE, EPS, book value and 52-week levels in one place. Univest also helps readers compare the stock with sector and peer benchmarks as the price moves through the day.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why is KRN Heat Exchanger And Refrigeration Share Price falling today?
Ans. KRN Heat Exchanger And Refrigeration Share Price is lower in a second straight session, but the verified data does not establish a company-specific cause. The move is confirmed by the price pattern, current price and cumulative two-session decline.
What is KRN Heat Exchanger And Refrigeration Share Price today?
Ans. KRN Heat Exchanger And Refrigeration Share Price was Rs 1,157 at 16 October 2026 at 2:22:57 PM IST. It was below the previous close of Rs 1,226.15 after a Rs 69.15 decline in the latest session.
How much has KRN Heat Exchanger And Refrigeration Share Price fallen in the streak?
Ans. The stock has fallen 14.73% across the second straight session streak, measured from the streak start base price of Rs 1,356.9. That cumulative figure is more useful than a single-session reading.
What does KRN Heat Exchanger And Refrigeration Share Price show on valuation?
Ans. KRN Heat Exchanger And Refrigeration Share Price trades at a P/E of 82.79 and a P/B of 8.39. Those multiples remain above the industry median, even after the decline, while EPS is Rs 14.81 and book value is Rs.
Is KRN Heat Exchanger And Refrigeration Share Price expensive versus peers?
Ans. Compared with peers such as Bharat Heavy Electricals and Thermax, KRN Heat Exchanger And Refrigeration Share Price still carries a relatively high P/E. It remains below Azad Engineering on P/E, but above several others.
What sector does KRN Heat Exchanger And Refrigeration belong to?
Ans. KRN Heat Exchanger And Refrigeration belongs to the Capital Goods sector and the Engineering – Industrial Equipments industry. That context matters because the sector benchmark shows a wide valuation range across 167 companies.
How do ROE and ROCE compare for KRN Heat Exchanger And Refrigeration Share Price?
Ans. ROE is 14.26% and ROCE is 16.06% for KRN Heat Exchanger And Refrigeration Share Price. Both sit above the sector benchmark median, which helps frame the stock’s fundamentals after the price fall.
What is the market capitalisation of KRN Heat Exchanger And Refrigeration ?
Ans. KRN Heat Exchanger And Refrigeration has a market capitalisation of Rs 8,882.06 crore. That places the company in the Mid Cap category and well above the median market cap in the industry benchmark set.
Does KRN Heat Exchanger And Refrigeration Share Price pay a dividend?
Ans. KRN Heat Exchanger And Refrigeration Share Price has a dividend yield of 0.00%. That means the current investor case is anchored more in valuation, earnings and book value than in payout income.
