Refex Industries: Refex Industries Limited bags a slab wise rate contract for ash transportation from one of the Maharatna…
Refex Industries (REFEX) said it has received an order. The company is valued at about ₹3,426 crore.
What happened
Refex Industries (REFEX) told the exchanges on 21 October 2026 at 03:03 PM that it has received an order.
From the filing: "Refex Industries Limited bags a slab wise rate contract for ash transportation from one of the Maharatna Companies under the Ministry of Power"
Company snapshot
Refex Industries is a small-cap company in the Power sector, with a market value of about ₹3,426 crore.
The stock last traded at ₹249.7, against a 52-week range of ₹188–₹382 (34.6% below the high).
Before this filing the shares had moved −8.1% over the month and −18.4% over three months. Average daily turnover over the last 20 sessions was about ₹18.67 crore.
Promoters held 56.57% at the end of Q1 FY27, up 0.72% points from the previous quarter; 43.51% of promoter shares were pledged. Foreign institutions owned 0.93% and domestic institutions 0.38%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 383 | 21.2 | 1.58 |
| Q2 FY26 | 427 | 37.4 | 2.8 |
| Q3 FY26 | 576 | 53.9 | 3.94 |
| Q4 FY26 | 934 | 90.8 | 6.62 |
| Q1 FY27 | 916 | 63.8 | 4.65 |
What history shows
BCEIE's records show 12 or more previous order win filings from the company since May 2026.
After those filings, the stock gained 2.6% on average the next trading day and was down 1.5% on average after five days (10 filings with price data).
Across 61 similar disclosures by other Power companies, shares moved +0.8% on average the next day and −0.6% over five days; 52% of them rose the next day.
Market-wide, 2,026 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 54% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 19 Sept 2026 | Clarification to the prior intimation dated September 19,2026 for… | +7.0% | +1.8% |
| 19 Sept 2026 | Bags contract for lifting of 10 MT of Pond Ash and Fly Ash | +7.0% | +1.8% |
| 24 Aug 2026 | Order win | +3.6% | −3.1% |
| 18 Aug 2026 | Order win | −2.0% | −0.9% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Refex Industries Secures ₹32.45 Crore Ash Transportation Contract From Power Maharatna PSU
- Refex Industries (REFEX) Share Price Rises 8.54% Today; Valuation and Sector Context
- Refex Industries corrects ash lifting quantity to 10 lakh metric tonnes
- Refex Industries Says Aggregate Tax Demand And Penalty Of 293.2 Million Rupees Vacated
- Refex Industries Ash Transportation Contract and Utilisation Explained
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.