Support and Resistance Levels
Past performance
About Patels Airtemp (India) Ltd Airtemp (India) Ltd, established in June 1992, is a key player in manufacturing and selling a diverse range of heat exchangers, pressure vessels, and HVAC equipment. The company serves major industries such as power, refineries, fertilizers, and petrochemicals both in India and internationally. Initially formed by merging two profitable entities, Patel Airtemp Pvt Ltd and Gujarat Patcon Pvt Ltd, Airtemp operates multiple manufacturing units in Gujarat, including a recent Greenfield project dedicated to air-cooled heat exchangers.
Airtemp has executed significant projects for notable clients like Nirma Ltd and Reliance Petroleum Ltd and is exploring turnkey project opportunities. In 2004, its Vatva Division was demerged into Patels Airflow Ltd, affecting its equity shares. In 2020, Airtemp expanded its global footprint by acquiring Patels Airtemp (USA) Inc., making it a wholly-owned subsidiary. The company is positioned to capitalize on its extensive industry experience and diverse product offerings in the engineering equipment sector.