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Refex Renewables & Infrastructure is currently trading at Rs. 447.00, up by 7.00 points or 1.59% from its previous closing of Rs. 440.00 on the BSE.

The scrip opened at Rs. 452.00 and has touched a high and low of Rs. 452.00 and Rs. 446.00 respectively. So far 868 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 590.90 on 20-Dec-2022 and a 52 week low of Rs. 311.75 on 14-Mar-2023.

Last one week high and low of the scrip stood at Rs. 465.50 and Rs. 429.95 respectively. The current market cap of the company is Rs. 200.70 crore.

The promoters holding in the company stood at 75.00%, while Non-Institutions held d 25.00% stake in the company respectively.

Refex Renewables & Infrastructure’s step-down subsidiary -- Sherisha Rooftop Solar SPV Four (Solar Power Developer-SPD) has started commercial operations of 50 MW Solar PV Power Generation Project at Bhilai, Chhattisgarh (Project). The Project was awarded by Railway Energy Management Company (a joint venture company of Indian Railways and RITES) and Power Purchase Agreement  was signed by South East Central Railway for 25 years.

In this Project, Solar Plant is designed with four inverter blocks, 33/220 kV power transformer and constructed a 220 kV GIS (Gas Insulator Sub-station) bay at Pooling Sub-Station which injects power at central grid. After verifying all compliance, Western Region Load Dispatch Centre (WRLDC) has given FTC (First Time Charging) approval on June 28, 2023 and power flow commenced from July 01, 2023. The power generated shall be available for consumption by the Indian Railways. This Project reduces around 1 lakh tone CO2 emission annually and also yields around Rs 373 crore of savings for 25 years to the Indian Railways.

Refex Renewables & Infrastructure (formerly known as Sunedison Infrastructure) is engaged in the processing, sale and export of marine products.