Score – 8/10

Verdict – POSITIVE (Uptrend)

AI Reason – Refex Industries Limited has secured a significant 3-year contract valued at INR 49.22 Crore from a domestic Mini Ratna Company for material handling and transit operations, which is a positive development for the company’s revenue and market position.

Original Announcement – Bagging/Receiving of orders/contracts

Official Document – View PDF