Refex bags about 27.5 Crore ash transport contract from Maharatna CPSE

Govt Defence OrderBusiness Updates View source PDF Explain this filing

REFEX · price

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▲ 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

-0.6%Reaction day

₹302.00

prior close

₹298.50

announcement price

In-mkt

timing

Nifty Microcap 250market+0.4%-1.0% vs market

Waste Management peers, median of 7sector-0.1%-0.5% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.5 pts less 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

+1.1

10m

+0.7

15m

+0.4

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6+0.4-1.0-0.1-0.5

Next day

-1.7-0.2-1.5+1.0-2.7

-2.9+0.3-3.2-1.2-1.7

-2.6+0.6-3.2-0.2-2.4

-4.3+0.8-5.2-0.8-3.5

-4.6+0.4-5.0-1.2-3.4

-3.9+0.7-4.6+0.5-4.4

15d

-8.9+2.0-10.9-1.8-7.1

-9.9+0.7-10.7-1.1-8.9

-16.6-3.4-13.2-12.2-4.3

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UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 7Pending

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

AI summary

Refex Industries has won a 12-month rate contract worth about INR 27.475 Crore (including GST) from a Maharatna Central Public Sector Enterprise (major power producer). Scope covers pond ash excavation, loading, and transportation in covered vehicles with spillage controls to NHAI and other central or state government road project sites. The order is domestic and is not a related-party transaction.

Likely market impact

Adds to order book and gives revenue visibility from a government backed PSU client over the next 12 months.