Refex Industries bags Ash Transportation order worth about INR 20.94 Crore

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

-2.6%Reaction day

₹346.85

prior close

₹345.00

announcement price

After-mkt

timing

Nifty Microcap 250market-2.0%-0.5% vs market

Waste Management peers, median of 6sector-2.4%-0.1% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.1 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

+1.2

10m

+1.1

15m

+0.9

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.6-2.0-0.5-2.4-0.1

Next day

+1.2-0.1+1.3-1.6+2.8

-0.5+1.2-1.8+0.0-0.5

-2.3+1.4-3.7-2.2-0.1

-3.5+0.4-3.8-2.3-1.2

-7.4+1.0-8.4-2.9-4.5

-11.8-0.5-11.2-3.7-8.1

15d

-8.2-0.6-7.6-5.0-3.1

-14.1+3.4-17.5-9.5-4.6

-20.7+6.0-26.7-13.2-7.5

-25.7+1.1-26.8-18.1-7.6

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 about INR 20.94 Crore for Ash Transportation to construction sites of NHAI and other Central or State Government road projects, including PMGSY. The order is from a domestic entity based in Maharashtra and is to be executed over 12 months. Scope involves transporting fly ash for road construction. No promoter or related party interest involved.

Likely market impact

Adds about INR 20.94 Crore to order book from government road projects over 12 months. Modest size, positive for revenue visibility.