Refex Industries
442.35
-11.05(-2.44%)
Market Cap₹5,861.60 Cr
PE Ratio36.10
IndustryEnergy
Company Performance:
1D-2.44%
1M-9.68%
6M-3.66%
1Y+82.07%
5Y+4,512.62%
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Latest news about Refex Industries
Refex Industries Secures Major Order Worth ₹250 Crore 4 days ago
Refex Industries Limited has secured a substantial order valued at approximately ₹250.00 crore (2.50 billion rupees). This significant business development is expected to bolster the company's market position and potentially boost its revenue. While specific details about the order and client remain undisclosed, the contract's size suggests it could strengthen Refex Industries' standing in the market and possibly lead to improved financial performance in upcoming quarters. The order may also necessitate operational scaling and could increase investor confidence in the company's capabilities.
Refex Industries Reports Robust Growth in Q4 and FY2025, Net Profit Soars 88% YoY Apr 24, 2025
Refex Industries Reports Strong FY2025 Performance with 77% Revenue Growth Apr 23, 2025
Refex Industries Secures Tender for 200 TPD Bio-CNG Plant in Salem Apr 02, 2025
Refex Industries Greenlights Massive Financial Transactions Worth ₹43.60 Billion Apr 01, 2025
More news about Refex Industries
28Mar 25
Refex Industries Approves ₹2,500 Crore Investment Plan and ₹1,860 Crore Related Party Transaction
Refex Industries' board has approved investments, loans, and guarantees up to ₹2,500 crore, exceeding limits under the Companies Act, 2013. They also sanctioned a ₹1,860 crore related party transaction with subsidiary Venwind Refex Power Limited. Shareholder approval will be sought via postal ballot from April 03 to May 02, 2025. The board amended the Employee Stock Option Scheme 2021. Subsidiary Refex Green Mobility Limited withdrew from a proposed 2,997 electric vehicle acquisition deal with Gensol Engineering Limited.
28Mar 25
Refex Green Mobility Withdraws from Asset Takeover Deal with Gensol Engineering
Refex Green Mobility Limited (RGML), a subsidiary of Refex Industries, has decided to withdraw from its proposed acquisition of 2,997 electric vehicles from Gensol Engineering Limited. The decision was made after mutual agreement and due to evolving commitments and timeline challenges. This development marks a shift in Refex's strategy in the electric mobility sector, potentially impacting its growth plans in the EV market.
05Mar 25
Refex eVeelz Gears Up for Major EV Fleet Expansion Across Four Indian Metros
Refex Industries Limited's subsidiary, Refex Green Mobility Limited (Refex eVeelz), announces plans to add 1,000 electric cars to its fleet in FY26. The expansion involves a strategic partnership with a leading ride-hailing platform, focusing on Chennai, Hyderabad, Bengaluru, and Mumbai. This move will increase Refex eVeelz's current fleet of 1,300 electric vehicles, reinforcing its position in the EV-as-a-service sector and contributing to India's sustainable mobility goals.
04Mar 25
Refex eVeelz Gears Up for Major EV Fleet Expansion with 1,000 New Electric Cars
Refex Green Mobility Limited (Refex eVeelz), a subsidiary of Refex Industries Limited, plans to expand its electric vehicle fleet by 1,000 cars in FY2026. The company has partnered with a leading ride-hailing platform to operate these e4Ws in Chennai, Hyderabad, Bengaluru, and Mumbai. Currently operating nearly 1,300 EVs, this expansion will strengthen Refex eVeelz's position in the EV-as-a-service sector. The initiative aligns with India's sustainability goals and aims to contribute to urban carbon footprint reduction.
Refex Industries
442.35
-11.05
(-2.44%)
1 Year Returns:+82.07%
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Refex Industries
442.35
(-2.44%)
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