Refex Industries is currently trading at RS. 394.00, rising by 12.30 points or 3.22% from its previous closing of RS. 381.70 on the BSE.
The stock opened at RS. 388.40 and recorded a high of RS. 395.00 and a low of RS. 385.95. So far, 2,876 shares have been traded on the counter.
A BSE group 'B' stock with a face value of RS. 2, Refex Industries has a 52-week high of RS. 600.00 (30-Sep-2024) and a 52-week low of RS. 120.32 (14-Mar-2024). Over the past week, the stock's high and low stood at RS. 411.95 and RS. 370.00, respectively. The company's market capitalization is currently RS. 5,088.49 crore.
Promoters hold 53.49% of the company’s shares, while institutional investors own 1.76%, and non-institutional investors hold 44.75%.
In a major development, Refex Green Mobility (Refex eVeelz), a wholly owned subsidiary of Refex Industries, has signed an agreement with a leading ride-hailing platform to introduce and operate 1,000 electric four-wheelers (e4Ws) across Chennai, Hyderabad, Bengaluru, and Mumbai in FY26. This initiative aligns with the company’s strategic expansion plan and reinforces its commitment to clean mobility in India.
Currently operating a fleet of 1,300 electric vehicles across multiple cities, Refex eVeelz aims to strengthen the mainstream adoption of electric mobility solutions in India. The addition of these new e4Ws will further enhance its presence in the employee transportation sector while contributing to the reduction of carbon emissions.
This initiative supports India’s long-term sustainability goals, aiming for net-zero emissions by 2070. By leveraging scalable, tech-driven operations and strategic partnerships, Refex eVeelz is actively shaping a greener urban transportation ecosystem.
Refex Industries specializes in the manufacturing and refilling of refrigerant gases, particularly eco-friendly alternatives to Chloro-fluoro-carbons (CFCs).