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Refex Renewables & Infrastructure moves up as its arm incorporates new company

29 Aug 2024 Evaluate

Refex Renewables & Infrastructure is currently trading at Rs. 648.00, up by 4.05 points or 0.63% from its previous closing of Rs. 643.95 on the BSE.

The scrip opened at Rs. 650.00 and has touched a high and low of Rs. 669.75 and Rs. 619.30 respectively. So far 1797 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 834.00 on 09-Aug-2024 and a 52 week low of Rs. 355.00 on 21-Nov-2023.

Last one week high and low of the scrip stood at Rs. 690.00 and Rs. 612.05 respectively. The current market cap of the company is Rs. 290.95 crore.

The promoters holding in the company stood at 75.00%, while Non-Institutions held 25.00% stake in the company.

Refex Renewables & Infrastructure’s wholly-owned subsidiary -- Refex Green Power (RGPL) has incorporated a new company as its wholly-owned subsidiary, namely, Refex Renewables SL, in the Republic of Sri Lanka, on August 27, 2024, consequent to which, Refex Renewables SL has become a step-down wholly-owned subsidiary of Refex Renewables & Infrastructure.

Refex Renewables SL is incorporated with the similar business objects of the Company and its subsidiary company. Incorporation of a subsidiary in Sri Lanka is step forward to enter in the global markets and will expand the scope of business operations in the renewable sector and green energy in overseas jurisdiction.

Refex Renewables & Infrastructure (formerly known as Sunedison Infrastructure) is engaged in the processing, sale and export of marine products.

Refex Renewbl&Infra Share Price

296.40 5.80 (2.00%)
17-Apr-2026 16:59 View Price Chart
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