{"id":143528,"date":"2025-01-27T13:03:31","date_gmt":"2025-01-27T07:33:31","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=143528"},"modified":"2025-01-27T16:57:45","modified_gmt":"2025-01-27T11:27:45","slug":"smallcap-stock-in-focus-after-receiving-order-for-wind-turbine-generator-in-karnataka","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/smallcap-stock-in-focus-after-receiving-order-for-wind-turbine-generator-in-karnataka\/","title":{"rendered":"Smallcap stock in focus after receiving order for wind turbine generator in Karnataka"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3518797347\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of one of the Smallcap stocks that specialized in the business of manufacturing, upon receiving a work order to supply wind turbine generator (WTG) including tubular tower including O&amp;M.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-205440455\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price action<\/strong><\/h2><p>With a market capitalization of Rs. 5,935.28 crores on Monday, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/REFEX\">Refex Industries Ltd<\/a><\/strong> trading at Rs. 438 fell by\u00a0 4.8 percent, making a low of Rs. 437.55 per share compared to its previous closing price of Rs. 460.55\u00a0per share.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>Refex Industries Ltd&#8217;s subsidiary, Venwind Refex Power Limited (VRPL) has received a domestic work order from Torrent Solar Power Private Limited to supply wind turbine generators (WTG) including tubular towers and O&amp;M.&nbsp;<\/p><p>The contract involves the supply of wind turbine generators (WTGs) and tubular towers for a 153.7 MW wind power project in Karnataka, including testing, commissioning, and providing technical and supervisory assistance for the casting of foundation and erection of the WTGs. and operation &amp; maintenance (O&amp;M) services. The project is expected to be completed by April 16, 2026.<\/p><div class=\"trade-content_5\" id=\"trade-3082584603\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company<\/strong><\/h2><p>Refex Industries Ltd is an Indian multinational company primarily engaged in the business of manufacturing and trading refrigerants, chemicals, and industrial gases. Its product range includes fluorochemicals, refrigerants, and other specialty chemicals, catering to various sectors such as HVAC, automotive, and refrigeration.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Revenue Segments (FY24)<\/strong><\/h2><p>In FY24, the segment revenues were as follows: Ash &amp; Coal Handling generated Rs. 945.59 crores, Power Trading Rs. 280.90 crores, Refrigerant Rs. 72.30 crores, Solar Power Generation and related activities Rs. 10.36 crores, Sale of Services Rs. 55.64 crores, and Other Operating Revenues were Rs. 5.76 crores, totaling Rs. 1,370.48 crores.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Marquee Clients<\/strong><\/h2><p>Refex Industries Ltd has a set of key clients in every segment which includes companies like NTPC, Adani, Hindalco, Voltas DBPL, TCS, Grant Thorton, and more.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials<\/strong><\/h2><p>The company&#8217;s total revenue rose by 49.6 percent from Rs 357.43 crore to Rs 534.73 crore in Q2FY24-25. Meanwhile, Net profit rose from Rs. 21.44 crore to Rs 31.06 crore during the same period.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><h2 class=\"wp-block-heading\"><strong>Written by Sridhar J<\/strong><\/h2><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-content-10\" id=\"trade-2177328499\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-3533630193\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article 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[&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":39610,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-143528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Smallcap stock in focus after receiving order for wind turbine generator in Karnataka<\/title>\n<meta name=\"description\" content=\"The shares of one of the Smallcap stocks that specialized in the business of manufacturing, upon receiving a work order to supply wind....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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