Refex Industries bags Ash Transportation order worth about INR 20.94 Crore

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REFEX · price

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▲ 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

+1.2%1-day move

₹346.85

prior close

₹345.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+1.2+1.1+0.9+1.1+1.2-0.5-2.3-3.5-7.4-11.8————

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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.