Refex Industries Ltd. Secures ₹32.44 Crore Contract

Ltd. Secures ₹32.44 Crore Contract from Power Sector PSU Refex Industries Ltd. has been awarded a rate contract worth ₹32.44 crore, inclusive of GST, by a Maharatna public sector undertaking functioning under the Ministry of Power. 🔥 KEY ORDER HIGHLIGHTS 🔹 Order Value: ₹32.44 crore, including GST 🔹 Contracting Entity: Maharatna PSU under the Ministry of Power 🔹 Work Scope: Ash excavation, loading, transportation and unloading from ash dykes 🔹 Contract Duration: One year, with an extension option of six months 📊 BUSINESS OUTLOOK The latest contract further strengthens Refex Industries’ presence in ash handling, management and transportation services supporting the power generation sector. The order could add to the company’s business pipeline and support operational activity during the contract period. Investors should monitor execution progress, operating margins, payment schedules and working-capital requirements to assess its potential business impact. Disclaimer: Winning a contract does not necessarily translate into share-price appreciation. This post is intended for informational purposes only and should not be treated as investment advice or a buy/sell recommendation. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. #RefexIndustries #PowerSector #AshHandling #Infrastructure #OrderWin #StockMarketIndia #NSE #BSE