Refex Industries bags INR 29.82 Cr pond ash transportation order

Government or defence orderBusiness Updates View source PDF Explain this filing

REFEX · price

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Price reactionminutes from the announcement price · days from the prior close

-1.7%Reaction day

₹357.50

prior close

₹354.55

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%-1.6% vs market

Waste Management peers, median of 6sector-1.1%-0.6% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 0.6 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-1.7-0.1-1.6-1.1-0.6

Next day

-1.0-0.2-0.8-0.8-0.2

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15d

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-32.5-7.8-24.8-17.0-15.5

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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 secured an order worth approximately INR 29.82 Crore for transportation of pond ash for an NHAI Road Project. The contract has been awarded by a domestic entity based in Maharashtra and is to be executed over 5 months. The order is not a related party transaction and the promoter group has no interest in the awarding entity.

Likely market impact

Positive - new order adds to near-term revenue; government-linked infrastructure project boosts business visibility.