Refex Industries soars on bagging contract worth Rs 40.83 crore
Refex Industries is currently trading at Rs. 302.75, up by 5.85 points or 1.97% from its previous closing of Rs. 296.90 on the BSE.
The scrip opened at Rs. 296.45 and has touched a high and low of Rs. 309.15 and Rs. 296.45 respectively. So far 17496 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 415.60 on 24-Sep-2025 and a 52 week low of Rs. 188.00 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 309.15 and Rs. 290.95 respectively. The current market cap of the company is Rs. 4154.32 crore.
The promoters holding in the company stood at 56.57%, while Institutions and Non-Institutions held 1.31% and 42.13% respectively.
Refex Industries has bagged a slab-wise rate contract worth Rs 40.83 crore (including GST) from Major Power Producer (A Maharatna Company, Central Public Sector Enterprise). The slab-wise rate contract is for ash transportation to construction site of road projects of NHAI and other Central or State Government Road construction department / Authority /PMGSY Road Project. The contract is to be executed within 12 months.
The contract includes, excavation and loading of pond ash from an ash dyke, transportation by mechanical means in closed/covered vehicles with spillage and fugitive-ash controls, and unloading at designated chainages of road projects, flyover embankments and other government-approved construction sites.
