Announced Sat, 20 Jun · 15:53 IST
Refex bags Rs 29.34 Cr pond ash transport order from Maharatna PSU for NHAI
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
-0.5%1-day move
₹339.10
prior close
₹343.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+1.3+0.7+1.2-0.5-0.4+2.7+5.9+4.7+7.8-1.3-8.0——
Up moveDown movePending
AI summary
Refex Industries has won an order worth about Rs 29.34 Crore from a Maharatna Central PSU (a major power producer) for transporting pond ash to NHAI road projects. The contract is domestic, has no related party involvement, and is to be completed within 12 months. This adds to the company order book in its ash handling and logistics vertical.
Likely market impact
Positive for order book - government PSU order adds revenue visibility over the next 12 months, though order size is moderate.