Disclosure under Regulation 30 of SEBI (LODR) Regulations 2015 - Bagging of Order for Transportation of Pond Ash to NHAI Road Projects

Business Updates View source PDF Explain this filing

REFEX · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.6%Reaction day

₹250.55

prior close

₹249.75

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.9%-1.7% vs market

Waste Management peers, median of 6sector-3.8%+0.2% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 0.2 pts more than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-1.0

15m

-1.1

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.6-1.9-1.7-3.8+0.2

Next day

-5.3-3.6-1.6-5.0-0.3

-4.9-4.4-0.5-6.7+1.8

-3.8-4.1+0.3-8.8+5.0

-5.7-4.1-1.5-7.2+1.5

-5.2-4.5-0.7-8.0+2.9

-3.2-8.3+5.1-9.2+6.0

15d

-12.2-7.5-4.7-13.2+1.0

-4.8-2.1-2.7-4.2-0.6

-16.6-12.3-4.3-18.6+2.0

-10.4-7.4-3.0-14.2+3.8

UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Refex Industries has won an order worth around ₹34.61 crore for excavation, loading, and transportation of pond ash to NHAI road projects. The order has been awarded by a Maharashtra-based domestic entity and is to be completed within 4 months. The contract is domestic in nature, with no related party or promoter group interest involved. This is being disclosed under SEBI's Regulation 30, indicating the company views it as material information for the market.

Likely market impact

This is a modest, short-duration order that adds to the company's order book but is unlikely to materially move the stock on its own. It signals continued business activity in ash handling for infrastructure projects, which is a positive operational update.