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REFEX — Refex Industries News Story

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India's Refex Industries rises after contract wins

BUZZ-India's Refex Industries rises after contract wins

** Shares of Indian refrigerant gas maker Refex Industries REFE.NS rise as much as 4.6% to 299.5 rupees; last up 1.5%

** Co on Monday said it received two contracts from Telangana-based entity worth 337 million rupees ($3.52 million)for loading and transporting fly ash, and excavation of fly ash

** Fly ash is a by-product from combustion of coal in power plants, used for construction and wastewater treatment

** Stock up ~12% YTD



($1 = 95.7325 Indian rupees)


(Reporting by Abhirami G in Bengaluru)

((abhirami.g@thomsonreuters.com))

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