Ellenbarrie Industrial Gases Reaches New High Amid Declining Investor Participation

Ellenbarrie Industrial Gases has shown significant activity today, marking a new 52-week high of Rs 637, reflecting a 5.91% increase during intraday trading. Since its IPO on June 26, 2025, the stock has appreciated by 57.44% from the issue price and 28.00% from the listing price. Notably, Ellenbarrie has outperformed its sector by 4.9%, indicating strong relative performance.
Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 63.93% compared to the five-day average. The stock remains liquid, with a trading capacity of Rs 2.88 crore based on 2% of the five-day average traded value.

In terms of quality, Ellenbarrie Industrial Gases is categorized as "na," while its peer, Refex Industries, is rated as average. When comparing valuation metrics, Ellenbarrie is considered very expensive, with a price-to-earnings ratio of 101.772 and an EV/EBITDA of 78.4844, contrasting sharply with Refex Industries, which has a PE of 36 and an EV/EBITDA of 26.9800. These metrics highlight the company's positioning within the industry and its relative valuation compared to peers.