Refex Industries shines as its arm ties up with Uber
Refex Industries is currently trading at Rs. 403.00, up by 2.95 points or 0.74% from its previous closing of Rs. 400.05 on the BSE.
The scrip opened at Rs. 402.35 and has touched a high and low of Rs. 408.90 and Rs. 402.35 respectively. So far 110 shares were traded on the counter.
The BSE group 'B' 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. 120.32 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 431.25 and Rs. 395.55 respectively. The current market cap of the company is Rs. 5273.87 crore.
The promoters holding in the company stood at 53.49%, while Institutions and Non-Institutions held 1.76% and 44.75% respectively.
Ride-hailing app Uber has tied up with Refex Green Mobility (Refex eVeelz), a wholly-owned subsidiary of Refex Industries, to deploy 1,000 electric vehicles across key cities by 2026, furthering its efforts to boost electric vehicles on its platform.
The collaboration aligns with Uber’s global objective of providing 100 per cent emission-free rides by 2040. The deployment will see electric four-wheelers onboarded onto the Uber platform across Chennai, Hyderabad, Bengaluru, and Mumbai. Uber is committed to accelerating the shift to zero-emission mobility in India, and this partnership with Refex eVeelz is a significant step in that direction.
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).
