Introduction

Leading infrastructure services provider secures domestic order for transporting pond ash to NHAI road projects. The contract is valued at ₹27.50 crore and will be completed within four months.

Also Read: HDFC Bank gets approval to acquire up to 9.5% stake in IndusInd Bank

Share price movement of Refex Industries

On December 17, 2025, Refex Industries Limited opened at ₹301.25, down 1.31% from its previous close of ₹305.30. The stock reached a high of ₹306.35 (0.34%) and a low of ₹287.45 (-5.88%). By 11:13 AM, it traded at ₹290.15, down 4.96%, with a market cap of ₹3,970.87 crore.

Refex Industries Bags Pond Ash Order

Refex Industries Limited received an order for transportation of pond ash to NHAI road projects from a major PSU power producer, as disclosed under SEBI Listing Regulations.

The domestic contract has an execution period of four months and an estimated value of about ₹27.50 crore, covering transportation services for NHAI road projects.

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

Refex Industries Ltd delivered a negative 5.87% return over the past week. It declined by 32.4% in the past six months and fell 40.8% over the past year.

Also Read: Zaggle Prepaid Ocean stock jumps on ad deal with Bennett Coleman

Shareholding pattern of Refex Industries

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	53.30%	53.30%	53.40%
FII	1.70%	1.90%	2.00%
DII	0.20%	0.20%	0.10%
Public	44.80%	44.70%	44.50%

About Refex Industries

Refex Industries Limited (NSE: REFEX) specializes in trading eco-friendly refrigerant gases and offers complete solutions for responsible coal procurement and pond ash disposal, serving industrial and infrastructure sectors with sustainable and efficient services.

Stay Ahead with the Latest Stock Market Updates – Click Here

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.

FAQs