Multibagger small-cap stock to be in focus on Friday as company secures ₹100 crore order
Refex Industries secured a ₹100 crore order for excavation and transportation of pond ash, likely attracting investor interest. The company's Q2 FY26 net profit rose 10% YoY to ₹52 crore, despite shares declining 33.36% in 2025 after three years of strong performance.
Shares of Refex Industries, which specializes in trading eco-friendly refrigerant gases, are likely to attract investors’ interest during Friday's session, November 28, as the company has secured another fresh order.
The company informed investors through an exchange filing post-market hours today that it had secured an order worth ₹100 crore. The company did not disclose the name of the entity awarding the order; instead, it stated that the order is from a large business conglomerate.
According to the company, the order is for the excavation, loading, and transportation of pond ash/bottom ash. It also informed that neither the promoter nor the promoter group companies have any interest in the entity that awarded the order. The company further clarified that the order does not fall under related-party transactions.
This marks the company's fourth order win in November, as it had previously secured three orders with a cumulative value of ₹76.5 crore, further strengthening its order book.$BTC $ETH $BNB #BinanceHODLerAT #WriteToEarnUpgrade #CPIWatch
