REFEX INDUSTRIES WIN ₹31.13 CR GOVT ROAD PROJECT CONTRACT!

Refex Industries Ltd. (NSE: REFEX) has secured a slab-wise rate contract with a cumulative maximum award value of ₹31.13 crore, including GST, for transporting ash to road construction sites. 🔥 Key Order Highlights: 💰 Contract value: ₹31.13 crore, including GST 🛣️ Project scope: Ash transportation to NHAI and other Central/State Government road construction projects 🇮🇳 Coverage: Includes projects under the Pradhan Mantri Gram Sadak Yojana (PMGSY) ⏳ Contract period: One year, extendable by six months 📋 Awarding entity: A domestic entity based in Maharashtra The contract expands Refex Industries’ infrastructure-support services, particularly the use of ash from power generation in road construction. 📌 StockYard Insight: The order provides additional business opportunities in infrastructure-linked logistics and ash management. Investors should track actual utilisation of the rate contract, operating costs, margins and cash-flow generation. ⚠️ The ₹31.13 crore figure is the maximum award value, not necessarily guaranteed revenue. An order announcement does not guarantee share-price appreciation. #RefexIndustries #REFEX #NHAI #RoadInfrastructure #AshTransportation #InfrastructureStocks #OrderWin #StockMarketIndia #NSE #BSE #StockYardResearch