04 Aug 2025

Refex Industries Gains After Securing RS. 50 Crore NTPC Order for Pond Ash Transportation

Refex Industries is currently trading at RS. 420.20, rising by 2.70 points or 0.65% from its previous close of RS. 417.50 on the BSE.

The stock opened at RS. 430.00 and has touched an intraday high of RS. 430.00 and a low of RS. 412.45. A total of 15,950 shares have been traded so far.

A BSE group 'A' stock with a face value of RS. 2, Refex Industries touched a 52-week high of RS. 600.00 on September 30, 2024, and a 52-week low of RS. 242.55 on August 5, 2024. Over the past week, the stock has moved between a high of RS. 454.00 and a low of RS. 390.00. The current market capitalization of the company stands at RS. 5418.80 crore.

Promoter holding in the company is 53.33%, while institutional and non-institutional investors hold 2.02% and 44.66% respectively.

Refex Industries has secured a significant order worth RS. 50 crore from NTPC for the transportation and unloading of pond ash.

Previously, the company had also received an order for comprehensive ash disposal, including operation and maintenance (O&M) of fly ash systems from a leading GENCO, for a duration of three years.

Refex Industries is a specialized manufacturer and refiller of refrigerant gases in India, with a focus on environmentally friendly alternatives to Chloro-fluoro-carbons.