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Refex Industries is currently trading at Rs. 494.45, up by 6.60 points or 1.35% from its previous closing of Rs. 487.85 on the BSE.

The scrip opened at Rs. 496.90 and has touched a high and low of Rs. 504.00 and Rs. 482.30 respectively. So far 6334 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 600.00 on 30-Sep-2024 and a 52 week low of Rs. 109.34 on 14-Feb-2024.

Last one week high and low of the scrip stood at Rs. 534.00 and Rs. 482.30 respectively. The current market cap of the company is Rs. 6315.50 crore.

The promoters holding in the company stood at 57.12%, while Institutions and Non-Institutions held 1.53% and 41.35% respectively.

Refex Industries has received approval from Ministry of Corporate Affairs to incorporate wholly owned subsidiary in the name of, ‘Venwind Refex Power’ on December 20, 2024. The objective of incorporation of wholly owned subsidiary is to undertake the project with the main objects interalia, trading, manufacturing, production, assembly, distribution, and marketing of various sustainable energy assets, along with their components, systems, and related equipment’s. It will also engage in consulting, engineering, EPC, OEM, research and development, and training services and managing, owning, and operating power plants based on sustainable energy sources. Additionally, it will focus on the commercialization and leasing of these assets and offer logistics, transportation, and related services for sustainable/renewable energy projects.

Refex Industries (RIL) is a specialist manufacturer and re-filler of Refrigerant gases in India, particularly, environmentally acceptable gases that are replacements for Chloro-fluoro-carbons (CFC’s).