Strota/ Newsroom/ 2026-07-30

REFEX (REFEX): Order Win

Strota Newsroom · session of 2026-07-30 · 30 Jul 16:32 · REFEX stock page →

Refex Industries Limited bags order for Rate Contract for Ash Transportation to Road Construction Sites Historically, order win events have moved REFEX-type stocks in the bullish direction 72.0% of the next sessions (n=50).

Refex Industries Limited informed the exchanges on 30 July that it has bagged an order for a Rate Contract for Ash Transportation to Road Construction Sites. According to the exchange filing, this is the latest in a string of similar announcements through July, including contracts for ash transportation to NHAI and other Central or State Government road construction projects on 7, 8 and 9 July.

Strota’s historical base rate for Order Win events—drawn from 50 comparable past instances—shows that events like this have historically carried a 72.0 percent win rate and a net edge of 1.6 percent. These figures represent the average outcome across many stocks, not a forecast for Refex specifically.

The stock commands a market capitalisation of ₹4,098 crore and trades at a price-to-earnings ratio (a valuation metric comparing price to earnings per share) of 14.17 and a price-to-book ratio of 2.72. Earnings per share stand at ₹21.07, while the dividend yield is 0.67 percent. Recent filings also note that the company received a letter of intent worth ₹22.75

The catalyst

Refex Industries Limited bags order for Rate Contract for Ash Transportation to Road Construction Sites (filing · NSE)

What the data shows after this event

Across Strota's backtest of past filings, Order Win tends to continue — the move went bullish in about 72.0% of next sessions (net 1.6% after drift and cost, n=50). A base rate, not a forecast for this stock.

REFEX right now

P/E 14.17. Full REFEX analysis →

Sources

Refex Industries Limited bags order for Rate Contract for Ash Transportation to Road Construction Sites — NSE
Refex Industries receives Rs 22.75 crore LNTP from Major Power Producer for Ash Transportation — scanx.trade
Refex Industries Q1 Results: Net profit rises 122% YoY to ₹73.39 crore — scanx.trade
Refex Inds slips after Q1 PAT falls 30% QoQ to Rs 64 cr — Business Standard
Refex Industries Q1 Standalone Net Profit Rises to 736M Rupees Vs 331M YoY — Sahi

Keep digging

REFEX — full smart-money page: F&O positioning, deals, insider filings and option chain in one place.
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Newsroom: the other stocks in play this session.

How this article was made: Strota assembled the exchange data above (prices, F&O open interest, bulk/block deals, SEBI PIT filings, indicator readings and public headlines) and an AI model wrote the narrative strictly from that evidence — it is not permitted to add outside facts or numbers. Every figure comes from the underlying exchange/public data.