Synopsis:
Venwind Refex Power Limited (VRPL) secured a ₹474.45 crore domestic order to supply WTGs and Tubular Towers for a wind project in Gujarat. The contract includes installation and support, with completion targeted by March 2026 and 2027.
The shares of Small-Cap Company, specializing in eco-friendly refrigerant gases, coal and ash management, renewable energy projects, and clean mobility solutions, jumped upto 6 percent upon receiving an order worth Rs. 474.45 crore from a leading Independent Power Producer.
With a market capitalization of Rs. 5,164.76 Crores on Wednesday, the shares of Refex Industries Ltd jumped upto 6.2 percent, reaching a high of Rs. 415.60 compared to its previous closing price of Rs. 391.15.
What Happened
Refex Industries Ltd, engaged in eco-friendly