Patels Airtemp (India) Ltd. Stock Analysis 517417.BO

Patels Airtemp India Ltd. manufactures industrial process plant equipment. The firm is engaged in the manufacture and sale of a range of heat exchangers, such as shell & tube types, finned tube type and air-cooled heat exchangers, pressure vessels, air-conditioning and refrigeration equipment and turnkey heating, ventilation, and air conditioning (HVAC) projects in India and marketing of equipment even outside India. The firm operates through the Engineering segment. Its air-cooled heat exchangers are used in a variety of applications, including refineries, petrochemical complexes, natural gas processing facilities and power plants. Its ambient air heater is mainly used to heat up liquefied natural gas (LNG), propane, butane and all other cryogens and liquefied gases at ambient temperatures. The firm serves various industries, including oil and gas, pharmaceuticals, thermal power, nuclear power, chemical, fertilizer, petrochemical, textiles, cement, and compressor OEM.