Refex Industries Ltd (REFEX) is currently trading at 222.15 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Refex Industries Limited operates across Ash and Coal Handling, wind-equipment manufacturing, green mobility and newly launched ready-mix concrete. Its core business remains ash management and utilization for thermal power generators, supported by logistics, execution capabilities and increasing environmental-compliance requirements that encourage outsourcing to organized service providers. The company delivered strong reported growth despite monsoon-related disruption: standalone Q2 revenue increased 36% year-on-year to INR 560 crore, while H1 revenue rose 55% to INR 1,179 crore. H1 PAT reached INR 133 crore, up 55%, although quarterly execution remains seasonally uneven and working capital remains structurally intensive. Wind energy is transitioning from an execution-focused business into a potentially higher-margin manufacturing platform. Refex Industries Limited has delivered to three customers, carries approximately INR 1,100–1,200 crore of orders, and expects indigenous manufacturing to begin contributing meaningfully to profitability after plant commissioning and subsequent stabilization. Ready-mix concrete is a strategic forward integration of the ash business rather than an unrelated diversification. The company began operations at Charholi, Pune, plans locations across major Indian cities, and is pursuing an asset-light leased-plant model using fly ash, automation and customized concrete solutions to build a potentially significant complementary business. Green mobility achieved positive EBITDA for the first time during the quarter, but remains small relative to the other segments. Management is shifting toward driver-cum-owner and third-party supply models, automating operations and pursuing demerger approval, which is expected within two to three months subject to NCLT and other formalities.

Over the past 52 weeks, Refex Industries Ltd has traded between a low of ₹188.00 and a high of ₹382.05. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Refex Industries Ltd has a market capitalization of approximately 3,014.23. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Refex Industries Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 10.00 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 3,014.23 Cr, Refex Industries Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Refex Industries Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Refex Industries Ltd is 10.00. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Refex said it uses TReDS to pay MSME vendors instead of drawing directly on bank balances. Management said quarter-end bank balances are affected by customer collections and do not represent a fixed cash level throughout the quarter. It also said the platform enables an additional vendor discount in direct costs.

Refex is targeting Rs 1,300-1,400 crore of wind-business revenue in FY27. Management described this as a full-year business target while acknowledging that some orders will be delivered after the year ends.

Refex management said the substantial secondary pledge connected with business acquisitions should be completely removed within three to five months. It said principal repayments had started and that further repayments were planned in the coming months.

Refex Industries said its first RMC plant at Charholi, Pune, commenced operations on September 25, 2026. Management also named Hoskote in Karnataka and Kalyan near Mumbai as subsequent locations, without giving their individual commissioning dates.