Refex Industries gains 5% after bagging ₹32 Cr pond ash transport orderRefex Industries gains 5% after bagging ₹32 Cr pond ash transport order

Introduction

Leading industrial services firm received pond ash transportation order for NHAI and PWD road construction sites from Maharashtra entity valued at Rs 32.12 crore.

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Share price movement of Refex Industries

On April 20, 2026, Refex Industries Ltd opened at ₹244.75, unchanged from its previous close of ₹244.75. The stock reached a high of ₹256.00 (4.60%) and a low of ₹239.65 (-2.08%). By 12:48 PM, it traded at ₹252.25, a 3.06% increase, with a market cap of ₹3,460.85 crore.

Refex Wins Pond Ash Transport Order

Refex Industries Limited announced receipt of an order for transportation of pond ash to NHAI and PWD road construction sites from an entity based in Maharashtra domestic entity order awarded.

Order value is approximately INR 32.12 crore including GST. Execution period is one year extendable by six months covering transportation of pond ash for road construction projects NHAI PWD sites.

Stock performance of Refex Industries for period of 1 week, 6 months, and 1 year

Refex Industries Ltd delivered a 1-week return of 5.89%, a 6-month return of -31.2%, and a 1-year return of -46.2%.

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Shareholding pattern of Refex Industries

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	55.80%	53.30%	53.30%
FII	2%	1.70%	1.90%
DII	0.20%	0.20%	0.20%
Public	42%	44.80%	45%

About Refex Industries

Refex Industries Ltd (NSE: REFEX) specializes in eco-friendly refrigerant gases trading and provides coal procurement solutions along with ash disposal and management services.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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