India's Refex Industries rises after $16.7 million order win
21/09/2026 05:07
BUZZ-India's Refex Industries rises after $16.7 million order win ** Shares of refrigerant gas manufacturer Refex Industries REFE.NS up 4.7% at 285.55 rupees in biggest pct gain since June 19, 2026
** Stock touches highest level in over two weeks
** Co wins contract worth 1.60 billion rupees ($16.70 million) from a public sector undertaking in central Indian state of Madhya Pradesh
** Order for removing and transporting 1 million metric tons of fly ash and pond ash using a combination of rail and road networks
** Contract will be executed in 18 months and can be extended with mutual consent, the company said
** YTD, shares up 10.13%
($1 = 95.8175 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
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India's Refex Industries rises after $16.7 million order win