Refex Renewables zooms as its arm incorporates wholly-owned subsidiary
Refex Renewables & Infrastructure is currently trading at Rs. 471.00, up by 25.15 points or 5.64% from its previous closing of Rs. 445.85 on the BSE.
The scrip opened at Rs. 470.00 and has touched a high and low of Rs. 490.00 and Rs. 442.00 respectively. So far 4908 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 629.00 on 06-Feb-2024 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. 490.00 and Rs. 388.20 respectively. The current market cap of the company is Rs. 211.47 crore.
The promoters holding in the company stood at 75.00%, while Non-Institutions held 25.00% respectively.
Refex Renewables & Infrastructure’s wholly-owned subsidiary -- Refex Green Power has incorporated a new company, namely, Refex Green Energy (RGEL), as its wholly-owned subsidiary, consequent to which, RGEL has become a step-down wholly-owned subsidiary of Refex Renewables & Infrastructure.
Refex Green Energy is incorporated with the main object of engaging in the business of electric power supply, generation and distribution and establishment of power supply stations and sub stations and works, including building, operating, managing and running them mainly based on non-conventional sources of energy.
Refex Renewables & Infrastructure (formerly known as Sunedison Infrastructure) is engaged in the processing, sale and export of marine products.
