{"id":246460,"date":"2026-09-15T11:54:22","date_gmt":"2026-09-15T06:24:22","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=246460"},"modified":"2026-09-15T11:54:22","modified_gmt":"2026-09-15T06:24:22","slug":"why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/","title":{"rendered":"KRN Heat Exchanger And Refrigeration (KRN): KRN Share Price Falls 5% to Rs 1,516: What Today\u2019s Decline Shows"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/krn\/krn-heat-exchanger-and-refrigeration-ltd-share-price-today\">KRN Heat Exchanger And Refrigeration (KRN)<\/a>share price fell to Rs 1,516 today, down 5% from the previous close. Market cap was Rs 10,445.54 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">KRN Share Price fell to Rs 1,516 on 15 September 2026, down 5% or Rs 79.75 from the previous close of Rs 1,595.75, taking the company\u2019s market capitalisation to Rs 10,445.54 crore. The intraday move stood out because the stock opened at Rs 1,590.30, which was also the day\u2019s high, and later declined to the session low of Rs 1,516.<\/p>\n<p>That sequence points to broad intraday weakness rather than a brief late-session slip. The supplied data confirms the move, but it does not establish a company-specific catalyst behind today\u2019s decline. Even so, the stock is being watched because it remains close to its 50-day moving average of Rs 1,506.83 and still well above its 200-day moving average of Rs 1,148.92. The immediate questions are whether today\u2019s fall changes the technical setup, how demanding the valuation remains at 107.75 times earnings, and how the company compares with Capital Goods peers.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#KRN_Heat_Exchanger_And_Refrigeration_KRN_Share_Price_Today_Price_Action_Analysis\" title=\"KRN Heat Exchanger And Refrigeration (KRN) Share Price Today: Price Action Analysis\">KRN Heat Exchanger And Refrigeration (KRN) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#KRN_Heat_Exchanger_And_Refrigeration_KRN_Fundamental_Analysis\" title=\"KRN Heat Exchanger And Refrigeration (KRN) Fundamental Analysis\">KRN Heat Exchanger And Refrigeration (KRN) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#Technical_Setup_After_the_Fall\" title=\"Technical Setup After the Fall\">Technical Setup After the Fall<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#Why_Investors_Are_Watching_KRN\" title=\"Why Investors Are Watching KRN\">Why Investors Are Watching KRN<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#About_KRN\" title=\"About KRN\">About KRN<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#Track_KRN_Share_Price_on_Univest\" title=\"Track KRN Share Price on Univest\">Track KRN Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#Why_is_KRN_Share_Price_falling_today\" title=\"Why is KRN Share Price falling today?\">Why is KRN Share Price falling today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#What_is_KRN_Share_Price_Today\" title=\"What is KRN Share Price Today?\">What is KRN Share Price Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#What_does_todays_price_action_indicate_for_KRN\" title=\"What does today\u2019s price action indicate for KRN?\">What does today\u2019s price action indicate for KRN?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#Is_KRN_expensive_based_on_valuation_ratios\" title=\"Is KRN expensive based on valuation ratios?\">Is KRN expensive based on valuation ratios?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#How_profitable_is_KRN_compared_with_its_industry\" title=\"How profitable is KRN compared with its industry?\">How profitable is KRN compared with its industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#How_does_KRN_compare_with_selected_engineering_peers\" title=\"How does KRN compare with selected engineering peers?\">How does KRN compare with selected engineering peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-krn-heat-exchanger-and-refrigeration-share-price-fall-today-2026\/#What_should_investors_monitor_next_in_KRN_Stock_News\" title=\"What should investors monitor next in KRN Stock News?\">What should investors monitor next in KRN Stock News?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"KRN_Heat_Exchanger_And_Refrigeration_KRN_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>KRN Heat Exchanger And Refrigeration (KRN) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,516<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,595.75<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 79.75 (-5%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,590.3<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,590.3<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,516<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1.8 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 10,445.54 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Mid Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Today\u2019s structure was straightforward. The stock opened only slightly below the previous close, could not move above the opening level, and then fell through the session until it matched the day\u2019s low at Rs 1,516. When the opening price is also the intraday high and the current price is also the low, it usually suggests persistent selling pressure across the session instead of a temporary burst of volatility.<\/p>\n<p>For anyone tracking KRN Share Price, that matters because the move was not a narrow fluctuation around the previous close. The decline of Rs 79.75 came with turnover of Rs 1.8 crore, while the company continued to sit in the Mid Cap segment. Those factors do not explain the cause of the move, but they do show why the stock drew attention in the market today.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"KRN_Heat_Exchanger_And_Refrigeration_KRN_Fundamental_Analysis\"><\/span><strong>KRN Heat Exchanger And Refrigeration (KRN) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 10,445.54 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">107.75x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.92x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">14.26%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">16.06%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 14.81<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 146.18<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>KRN Fundamental Analysis shows a stock that still trades at elevated valuation multiples, even though profitability metrics are not weak. At the current price, the company is valued at a P\/E of 107.75 and a P\/B of 10.92, while ROE is 14.26% and ROCE is 16.06%.<\/p>\n<p>Those figures create a mixed but readable picture. ROE of 14.26% and ROCE of 16.06% indicate moderate profitability and capital efficiency. EPS stands at Rs 14.81 and book value per share at Rs 146.18. Dividend yield is 0%, so the stock is not being supported by a visible cash-yield component in the supplied data.<\/p>\n<p>The more demanding side is valuation. A P\/E above 100 means the market price remains many times the current earnings base, while the P\/B of 10.92 shows a sizable premium to accounting net worth. That does not by itself prove mispricing, but it does mean sentiment can matter more when a stock is already valued richly versus earnings and book value. In that context, KRN Share Price remains sensitive to how investors judge its sector position and peer comparisons.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Technical_Setup_After_the_Fall\"><\/span><strong>Technical Setup After the Fall<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The technical indicators in the data offer a balanced view rather than an extreme one. RSI is 59.11, which generally points to momentum that is still in a neutral-to-firm zone, not an overstretched reading on the downside. At the same time, the stock is now very close to its 50-day moving average of Rs 1,506.83.<\/p>\n<p>This is where the session becomes notable. The current price of Rs 1,516 is only modestly above the 50-day average, so that level may remain relevant in near-term chart discussions. By contrast, the stock is still comfortably above the 200-day moving average of Rs 1,148.92, which means the longer-term trend reference in the supplied data remains well below the current market price. So while the one-day move was clearly weak, the broader technical backdrop shown here is not identical to a stock trading below both major moving averages.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Capital Goods<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Engineering &#8211; Industrial Equipments<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">107.75x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">29.81x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">83.35x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.49x to 4,991.73x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.92x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.79x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.46x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">14.26%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.76%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">19.98%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">16.06%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.87%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">18.83%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 10,445.54 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 347.26 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 2,866.42 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>KRN operates in Capital Goods and the Engineering &#8211; Industrial Equipments industry. Across 164 same-industry companies, the valuation comparison is demanding. The company\u2019s P\/E of 107.75 is far above the median of 29.81 and also above the average of 83.35 among 144 companies with P\/E data. The P\/B of 10.92 is likewise above the industry median of 2.79 and above the average of 9.46.<\/p>\n<p>Profitability looks more middle-of-the-pack. ROE of 14.26% is slightly above the industry median of 13.76% but below the average of 19.98. ROCE of 16.06% is marginally above the median of 15.87% and below the average of 18.83. Market-cap context is also relevant: at Rs 10,445.54 crore, the company is much larger than the industry median of Rs 347.26 crore and above the average of Rs 2,866.42 crore. Put together, the benchmark data shows a business with respectable returns, but one that is still priced above typical industry multiples.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/bhel\/bharat-heavy-electricals-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Bharat Heavy Electricals<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">BHEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,49,937.65<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">61.64<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.66<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.24<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/thermax\/thermax-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Thermax<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">THERMAX<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">43,852.5<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">73.91<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.88<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">13.76<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.85<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jyoticnc\/jyoti-cnc-automation-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Jyoti CNC Automation<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JYOTICNC<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">22,468.26<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">69.84<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.92<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18.22<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.34<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/inoxindia\/inox-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Inox India<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">INOXINDIA<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20,418.91<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">80.12<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">17.51<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">26.11<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">33.54<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/azad\/azad-engineering-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Azad Engineering<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">AZAD<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18,379.96<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">132.25<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.75<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.14<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.04<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The peer set helps explain why today\u2019s move is being discussed closely. KRN\u2019s P\/E of 107.75 is above BHEL at 61.64, Thermax at 73.91, Jyoti CNC Automation at 69.84 and Inox India at 80.12, while remaining below Azad Engineering at 132.25. On P\/B, KRN matches Jyoti CNC at 10.92, sits below Inox India at 17.51 and Azad at 11.75, and is above BHEL and Thermax.<\/p>\n<p>Profitability is respectable but not peer-leading. KRN\u2019s ROE of 14.26% and ROCE of 16.06% are stronger than BHEL and Azad, roughly around Thermax, but lower than Jyoti CNC and well below Inox India. That leaves the stock in a middle position: not the cheapest on valuation, and not the strongest on returns among the supplied names. This relative positioning is an important part of the conversation around KRN Share Price after a sharp one-day decline.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_KRN\"><\/span><strong>Why Investors Are Watching KRN<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>KRN Share Price fell 5% to Rs 1,516 and touched the session low after opening at the day\u2019s high.<\/li>\n<li>The stock is close to its 50-day moving average of Rs 1,506.83 and well above its 200-day moving average of Rs 1,148.92.<\/li>\n<li>RSI at 59.11 does not indicate an extreme momentum reading.<\/li>\n<li>Valuation remains elevated at 107.75 times earnings and 10.92 times book value.<\/li>\n<li>Sector and peer data show profitability is reasonable, but valuation is richer than several engineering peers.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_KRN\"><\/span><strong>About KRN<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>KRN Heat Exchanger And Refrigeration is part of the Capital Goods sector and the Engineering &#8211; Industrial Equipments industry. In market-cap terms, it falls in the Mid Cap category, with a market capitalisation of Rs 10,445.54 crore. That size is above both the same-industry median and average in the supplied benchmark set, which helps explain why the counter receives attention when price action turns sharp.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_KRN_Share_Price_on_Univest\"><\/span><strong>Track KRN Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use<a href=\"https:\/\/univest.in\/stocks\/krn\/krn-heat-exchanger-and-refrigeration-ltd-share-price-today\">KRN Heat Exchanger And Refrigeration (KRN) live share-price page<\/a>,<a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>,<a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a>to review live stock data, top decliners and related market analysis.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong>&nbsp;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 Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_KRN_Share_Price_falling_today\"><\/span><strong>Why is KRN Share Price falling today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;KRN Share Price fell 5% today to Rs 1,516, down Rs 79.75 from the previous close of Rs 1,595.75. The supplied data confirms the decline, but it does not identify a company-specific catalyst for the move.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_KRN_Share_Price_Today\"><\/span><strong>What is KRN Share Price Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;KRN Share Price Today is Rs 1,516 as of 15 September 2026 at 11:23:05 AM IST. The stock opened at Rs 1,590.30, touched a high of Rs 1,590.30 and fell to a low of Rs 1,516.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_todays_price_action_indicate_for_KRN\"><\/span><strong>What does today\u2019s price action indicate for KRN?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Today\u2019s price action shows intraday weakness because the stock opened at Rs 1,590.30, which remained the session high, and later declined to Rs 1,516, the day\u2019s low. The previous close was Rs 1,595.75.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_KRN_expensive_based_on_valuation_ratios\"><\/span><strong>Is KRN expensive based on valuation ratios?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;KRN trades at a P\/E of 107.75 and a P\/B of 10.92. Both are above the same-industry median values of 29.81 and 2.79 respectively, indicating richer multiples than many peers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_profitable_is_KRN_compared_with_its_industry\"><\/span><strong>How profitable is KRN compared with its industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;KRN reports ROE of 14.26% and ROCE of 16.06%. Those figures are slightly above the same-industry medians of 13.76% and 15.87%, but below the industry averages of 19.98% and 18.83%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_KRN_compare_with_selected_engineering_peers\"><\/span><strong>How does KRN compare with selected engineering peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;KRN\u2019s P\/E of 107.75 is above BHEL, Thermax, Jyoti CNC and Inox India, but below Azad Engineering\u2019s 132.25. Its return ratios are stronger than some peers, though below leaders such as Inox India and Jyoti CNC.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_investors_monitor_next_in_KRN_Stock_News\"><\/span><strong>What should investors monitor next in KRN Stock News?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Investors can watch whether the stock holds above the 50-day moving average of Rs 1,506.83, how it behaves after touching the day\u2019s low, and how its valuation compares with sector and peer benchmarks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KRN Heat Exchanger And Refrigeration Share Price falls to Rs 1,516. marking a 5% fall today. Market cap stands at Rs 10,445.54 crore.<\/p>\n","protected":false},"author":29,"featured_media":246459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-246460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["246459"],"rank_math_title":["KRN Share Price Fall: Technical Setup and Sector Context"],"rank_math_description":["KRN Share Price fell 5% to Rs 1,516 today. Review price action, RSI, moving averages, valuation ratios, sector benchmarks and peer analysis."],"rank_math_focus_keyword":["KRN Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/KRN_Heat_Exchanger_And_Refrigeration_KRN_KRN_Share_Price_Falls_5_to_Rs_1516_What_Todays_Decline_Shows_bearish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/246460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=246460"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/246460\/revisions"}],"predecessor-version":[{"id":246461,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/246460\/revisions\/246461"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/246459"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=246460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=246460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=246460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}