Introduction:
Stock has partnered with a top ride-hailing platform to deploy 1,000 electric four-wheelers across major cities in FY26. This move supports clean mobility, urban sustainability, and large-scale EV adoption, aligning with India’s long-term net-zero emissions goal.
Share Price movement of Refex Industries:
On March 5, 2025, Refex Industries Limited opened at ₹386.00, reaching a high of ₹400.20, up 5.00% from its previous close of ₹381.15, and a low of ₹386.00. Currently, the stock is trading at ₹400.20, with a market cap of ₹5,169.87 crore.
Refex Industries share price rise:
Refex eVeelz, a subsidiary of Refex Industries, has partnered with a leading ride-hailing platform to introduce 1,000 electric four-wheelers across Chennai, Hyderabad, Bengaluru, and Mumbai in FY26. This expansion strengthens its commitment to India’s clean mobility transition and urban sustainability.
With a 100% electric fleet, this initiative reduces urban carbon footprints by minimizing emissions. While the ride-hailing platform manages demand, Refex eVeelz ensures reliable, sustainable transportation services. The company aims to drive large-scale EV adoption and enhance the efficiency of metropolitan transport networks.
Currently operating 1,300 EVs, Refex eVeelz continues to expand in employee transportation and public mobility. This initiative aligns with India’s net-zero emissions goal by 2070, leveraging technology-driven operations and strategic collaborations to advance a greener urban transportation ecosystem.
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Recent news About Refex Industries:
On January 16, 2025, Refex Green Mobility Limited, a subsidiary of Refex Industries, announced a landmark strategic tie-up to take over Gensol’s 2,997 electric vehicles (EVs). This move significantly expands Refex’s EV fleet, reinforcing its commitment to sustainable transportation solutions.
Stock performance of Refex Industries for Period of 1 week, 6 months and 1 year:
Refex Industries stock declined by 6.27% over the past week, reflecting short-term volatility. Over six months, it dropped 7%, indicating a challenging phase. However, in the past year, the stock surged by 192%, showcasing strong long-term growth despite recent fluctuations in performance.
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Shareholding pattern of Refex Industries:
All values in % | Dec-24 | Sep-24 | Jun-24 |
Promoters | 53.49 | 57.12 | 55.28 |
FII | 1.76 | 1.53 | 0.2 |
DII | 0 | 0 | 0 |
Retail & others | 44.75 | 41.35 | 44.51 |
About Refex Industries :
Refex Industries is a diversified company specializing in refrigerant gases, coal ash management, and renewable energy solutions. It focuses on sustainable practices, contributing to clean energy initiatives while expanding its presence in the electric mobility sector through strategic partnerships and innovative business models.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.