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The order has been awarded by a domestic entity and pertains to wind power projects to be set up in Tamil Nadu. The contract is scheduled to be executed by September 2026. The company said that neither the promoter nor the promoter group or group companies have any interest in the entity awarding the contract.
Chennai-based Refex Industries has built a portfolio spanning ash and coal handling, wind energy, and green mobility solutions.
The company’s consolidated net profit jumped 20.5% to Rs 37.44 crore despite a 0.3% decline in revenue from operations to Rs 426.85 crore in Q2 Sept 2025 over Q2 Sept 2024.
Shares of Refex Industries fell 3.52% and are currently traded at Rs 294.55 on the BSE.
The contract, awarded by a domestic entity, is to be executed over a period of 4 months.
The company confirmed that neither its promoters nor promoter group companies have any interest in the awarding entity, and the order does not qualify as a related-party transaction.
The company’s consolidated net profit jumped 20.5% to Rs 37.44 crore despite 0.3% decline in revenue from operations to Rs 426.85 crore in Q2 Sept 2025 over Q2 Sept 2024.
Shares of Refex Industries fell 3.52% to currently traded at Rs 294.55 on the BSE.
Refex Industries Ltd, Shakti Pumps (India) Ltd, Saregama India Ltd and Indian Overseas Bank are among the other losers in the BSE's 'A' group today, 17 December 2025.
Akzo Nobel India Ltd lost 13.49% to Rs 3135 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 15.74 lakh shares were traded on the counter so far as against the average daily volumes of 27879 shares in the past one month.
Refex Industries Ltd crashed 8.79% to Rs 278.45. The stock was the second biggest loser in 'A' group.On the BSE, 4.06 lakh shares were traded on the counter so far as against the average daily volumes of 4.9 lakh shares in the past one month.
Shakti Pumps (India) Ltd tumbled 8.01% to Rs 717.25. The stock was the third biggest loser in 'A' group.On the BSE, 10.94 lakh shares were traded on the counter so far as against the average daily volumes of 6.2 lakh shares in the past one month.
Saregama India Ltd corrected 7.44% to Rs 351.05. The stock was the fourth biggest loser in 'A' group.On the BSE, 44896 shares were traded on the counter so far as against the average daily volumes of 37435 shares in the past one month.
Indian Overseas Bank slipped 5.80% to Rs 34.45. The stock was the fifth biggest loser in 'A' group.On the BSE, 14.85 lakh shares were traded on the counter so far as against the average daily volumes of 4.83 lakh shares in the past one month.
Refex Industries Ltd, Transformers & Rectifiers India Ltd, Ion Exchange (India) Ltd and Aarti Industries Ltd are among the other gainers in the BSE's 'A' group today, 15 December 2025.
Shakti Pumps (India) Ltd surged 11.73% to Rs 725.9 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 17.12 lakh shares were traded on the counter so far as against the average daily volumes of 3.29 lakh shares in the past one month.
Refex Industries Ltd spiked 9.20% to Rs 277.75. The stock was the second biggest gainer in 'A' group. On the BSE, 22.65 lakh shares were traded on the counter so far as against the average daily volumes of 2.18 lakh shares in the past one month.
Transformers & Rectifiers India Ltd soared 8.21% to Rs 304.45. The stock was the third biggest gainer in 'A' group. On the BSE, 23.29 lakh shares were traded on the counter so far as against the average daily volumes of 5.78 lakh shares in the past one month.
Ion Exchange (India) Ltd advanced 8.06% to Rs 379.45. The stock was the fourth biggest gainer in 'A' group. On the BSE, 47217 shares were traded on the counter so far as against the average daily volumes of 12861 shares in the past one month.
Aarti Industries Ltd spurt 6.53% to Rs 380.05. The stock was the fifth biggest gainer in 'A' group. On the BSE, 4.77 lakh shares were traded on the counter so far as against the average daily volumes of 60062 shares in the past one month.
Hindustan Construction Company Ltd, Tata Teleservices (Maharashtra) Ltd, Arvind Ltd and P I Industries Ltd are among the other losers in the BSE's 'A' group today, 12 December 2025.
Refex Industries Ltd tumbled 19.99% to Rs 254.35 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 7.16 lakh shares were traded on the counter so far as against the average daily volumes of 1.71 lakh shares in the past one month.
Hindustan Construction Company Ltd crashed 5.72% to Rs 17.81. The stock was the second biggest loser in 'A' group.On the BSE, 37.2 lakh shares were traded on the counter so far as against the average daily volumes of 34.71 lakh shares in the past one month.
Tata Teleservices (Maharashtra) Ltd lost 2.82% to Rs 49.28. The stock was the third biggest loser in 'A' group.On the BSE, 4.82 lakh shares were traded on the counter so far as against the average daily volumes of 12.6 lakh shares in the past one month.
Arvind Ltd fell 2.69% to Rs 316.6. The stock was the fourth biggest loser in 'A' group.On the BSE, 22704 shares were traded on the counter so far as against the average daily volumes of 22482 shares in the past one month.
P I Industries Ltd pared 2.67% to Rs 3287.2. The stock was the fifth biggest loser in 'A' group.On the BSE, 11692 shares were traded on the counter so far as against the average daily volumes of 15768 shares in the past one month.
This domestic contract has to be executed within a period of 5 months.
The total value of this contract is Rs 32.89 crore.
The scrip had surged 8.23% to end at Rs 346.70 on the BSE on Friday.
The said order is valued at Rs 100 crore and is expected to be completed within 4 months.
Refex Industries Ltd, Eureka Forbes Ltd, Welspun Living Ltd and Cemindia Projects Ltd are among the other gainers in the BSE's 'A' group today, 28 November 2025.
Allcargo Logistics Ltd surged 12.30% to Rs 13.7 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 5.66 lakh shares were traded on the counter so far as against the average daily volumes of 3.39 lakh shares in the past one month.
Refex Industries Ltd soared 12.22% to Rs 359.5. The stock was the second biggest gainer in 'A' group. On the BSE, 18.56 lakh shares were traded on the counter so far as against the average daily volumes of 19966 shares in the past one month.
Eureka Forbes Ltd spiked 7.29% to Rs 651.75. The stock was the third biggest gainer in 'A' group. On the BSE, 87696 shares were traded on the counter so far as against the average daily volumes of 13048 shares in the past one month.
Welspun Living Ltd gained 6.76% to Rs 141.3. The stock was the fourth biggest gainer in 'A' group. On the BSE, 5.08 lakh shares were traded on the counter so far as against the average daily volumes of 1.52 lakh shares in the past one month.
Cemindia Projects Ltd rose 5.57% to Rs 853.35. The stock was the fifth biggest gainer in 'A' group. On the BSE, 24132 shares were traded on the counter so far as against the average daily volumes of 20763 shares in the past one month.