New Delhi, Nov. 28 -- Multibagger small-cap Refex Industries saw its shares rise sharply in Friday's trading session, November 28, surging 13.42% to Rs.360 apiece, as investor sentiment improved following a series of order wins, with the company securing another significant order on Thursday.

The company informed investors through an exchange filing post-market hours on Thursday that it had secured an order worth Rs.100 crore. The company did not disclose the name of the entity awarding the order; instead, it stated that the order is from a large business conglomerate.

According to the company, the order is for the excavation, loading, and transportation of pond ash/bottom ash. It also informed that neither the promoter nor the promoter...