GENERAL21 Sept 2026
Refex Industries share price jumps 4% on ₹160 crore order win ahead of board meeting | Check stock performance
Refex Industries shares rose over 4% on Monday after the company won a ₹160 crore order from a Madhya Pradesh public sector undertaking for lifting pond ash and fly ash. The contract runs 18 months and may be extended by mutual consent. The stock opened at ₹281.95, up from Friday's ₹271.85 close, ahead of an analyst meeting on 22 September.
Key Statutory Highlights
- Refex Industries bagged a ₹160 crore contract from a public sector undertaking in Madhya Pradesh for lifting pond ash and fly ash.
- The contract will be executed over 18 months and may be extended through mutual consent between the parties.
- The stock opened at ₹281.95 against Friday's close of ₹271.85 and hit an intraday high of ₹294.55.
Actionable Advice for Taxpayers / Founders:If you hold or are watching this stock, treat the order as a company update rather than investment advice, and read the official exchange filings before taking any decision.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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