Refex Industries is currently trading at RS 403.00, marking an increase of 2.95 points or 0.74% from its previous close of RS 400.05 on the BSE.
The stock opened at RS 402.35 and recorded a high of RS 408.90 and a low of RS 402.35 during the session. A total of 110 shares have been traded so far.
Refex Industries, categorized under BSE group 'B' with a face value of RS 2, has reached a 52-week high of RS 600.00 on September 30, 2024, and a 52-week low of RS 120.32 on March 14, 2024. In the last week, the stock fluctuated between RS 431.25 and RS 395.55. The company's market capitalization stands at RS 5273.87 crore.
Promoters hold a 53.49% stake in the company, while institutional and non-institutional investors hold 1.76% and 44.75%, respectively.
In a significant development, Uber has partnered with Refex Green Mobility (Refex eVeelz), a wholly-owned subsidiary of Refex Industries, to introduce 1,000 electric vehicles across major cities by 2026. This initiative aligns with Uber’s goal of offering 100% emission-free rides by 2040.
Under this collaboration, electric four-wheelers will be integrated into Uber’s platform in Chennai, Hyderabad, Bengaluru, and Mumbai, reinforcing Uber’s commitment to sustainable mobility in India.
Refex Industries (RIL) specializes in manufacturing and refilling environmentally friendly refrigerant gases, serving as replacements for ozone-depleting CFCs.