Refex Industries bags INR 29.34 Cr pond ash transport order from Maharatna CPSE

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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

-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——

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AI summary

Refex Industries has secured an order worth about INR 29.34 Crore from a Maharatna CPSE (a major power producer) for transportation of pond ash to NHAI road projects. The contract is domestic, to be executed over 12 months. No promoter or related party interest is involved in the awarding entity.

Likely market impact

Adds revenue visibility for ash logistics segment over 12 months from a government-owned client.