Ellenbarrie Industrial Gases Shows Potential Trend Reversal Amid Decreased Investor Participation

Ellenbarrie Industrial Gases has shown significant activity on July 25, 2025, with a notable performance that outpaced its sector by 1.05%. The stock has rebounded after three consecutive days of decline, reflecting a potential trend reversal. Currently, it is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average.
Despite this positive movement, investor participation has decreased, with a delivery volume of 156,000 shares on July 24, marking a decline of 56.45% compared to the five-day average. The stock maintains adequate liquidity, representing 2% of the five-day average traded value, suitable for a trade size of Rs 0.83 crore.

Ellenbarrie Industrial Gases, classified within the Other Chemical Products industry, has a market capitalization of Rs 7,912.12 crore. When compared to its peers, the company’s quality remains unassessed, while Refex Industries is rated as average. In terms of valuation, Ellenbarrie is considered very expensive, with a price-to-earnings ratio of 94.42 and an EV/EBITDA of 72.90, contrasting with Refex Industries, which also holds a very expensive valuation but with significantly lower metrics.