Refex Renewables & Infrastructure rises as its arm bags tender worth Rs 65.07 crore
Refex Renewables & Infrastructure is currently trading at Rs. 664.80, up by 5.85 points or 0.89% from its previous closing of Rs. 658.95 on the BSE.
The scrip opened at Rs. 638.05 and has touched a high and low of Rs. 668.00 and Rs. 638.05 respectively. So far 1548 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 1166.30 on 05-Nov-2024 and a 52 week low of Rs. 416.05 on 05-Jun-2024.
Last one week high and low of the scrip stood at Rs. 668.00 and Rs. 590.00 respectively. The current market cap of the company is Rs. 298.93 crore.
The promoters holding in the company stood at 74.97%, while Non-Institutions held 25.03% in the company.
Refex Renewables & Infrastructure’s wholly-owned subsidiary -- Refex Green Power has won a tender worth Rs 65.07 crore from Salem City Municipal Corporation, Tamil Nadu for establishment of 200 TPD municipal solid waste based Bio-CNG plant at Salem under PPP mode on DBFOT Basis for a period of 20 years, vide letter of acceptance dated March 28, 2025 (received by the company on April 01, 2025).
The scheduled commissioning date (SCD) for commissioning of the full capacity of the Project shall 19 Months from the date of concession agreement.
Refex Renewables & Infrastructure (formerly known as Sunedison Infrastructure) is engaged in the processing, sale and export of marine products.
