New Delhi, April 8 -- Refex Renewables & Infrastructure saw its share price jump 16% in intraday trade on Tuesday, April 8, reaching a 7-week high of Rs.722 apiece after investors cheered the company's latest order win-its third contract so far in April.

On Monday, the company informed investors through a regulatory filing that its wholly owned subsidiary, Refex Green Power Limited, has won a tender for the establishment of a 250 TPD Municipal Solid Waste-based Bio-CNG plant. The project is estimated to be worth Rs.78.54 crore and is expected to be completed within 19 months from the date of commencement.

"Refex Green Power Limited, a wholly owned subsidiary of the company, has won a tender for the establishment of a 250 TPD Municipal S...