Announced Tue, 18 Aug · 11:53 IST
Refex bags about 27.5 Crore ash transport contract from Maharatna CPSE
REFEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹302.00
prior close
₹298.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+0.7+0.4+0.2-1.7-2.9-2.6———————
Up moveDown movePending
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.