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Refex Industries Secures Major Pond Ash Transportation Contract

Story Highlights
  • Refex Industries wins a contract for transporting pond ash to NHAI projects.
  • The INR 30.95 Crore contract will be executed in five months, boosting Refex’s market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Refex Industries Secures Major Pond Ash Transportation Contract

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Refex Industries Limited ( (IN:REFEX) ) has issued an announcement.

Refex Industries Limited has secured a significant contract valued at approximately INR 30.95 Crore for the transportation of pond ash to NHAI road projects. This domestic order, expected to be completed in five months, underscores Refex’s strategic positioning in the logistics sector, potentially enhancing its market presence and operational capabilities.

More about Refex Industries Limited

Refex Industries Limited operates in the industrial sector, focusing on providing services related to transportation and logistics. The company is involved in the movement of materials such as pond ash, which is used in construction and infrastructure projects.

Average Trading Volume: 121,335

Technical Sentiment Signal: Buy

Current Market Cap: 47.45B INR

For detailed information about REFEX stock, go to TipRanks’ Stock Analysis page.

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