Refex Industries Hits All-Time High, Outperforms Sector and Market in Recent Performance
Refex Industries, a smallcap company in the industrial gases and fuels industry, has hit an all-time high price on July 2nd, 2024. The stock has been performing well, with a 'Hold' call from MarketsMojo. It opened with a gain of 2.14% and has seen a 22.18% increase in returns in the last 2 days. The stock is currently trading higher than its moving averages, indicating a positive trend. In the past year, it has shown a strong performance with a 92.27% increase, outperforming the Sensex.
Refex Industries, a smallcap company in the industrial gases and fuels industry, has recently hit an all-time high price on July 2nd, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO.
Today, the stock opened with a gain of 2.14% and touched an intraday high of Rs. 190.6, outperforming the sector by 2.14%. It has been gaining for the last 2 days and has seen a 22.18% increase in returns during this period. The stock has been highly volatile, with an intraday volatility of 5.25%.
Refex Industries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.
In the past year, Refex Industries has shown a strong performance with a 92.27% increase, while the Sensex has only seen a 23.09% increase. This further highlights the company's growth and potential in the market.
Overall, Refex Industries has been performing well and has gained the attention of investors. With its recent all-time high price and positive trend, it will be interesting to see how the company continues to grow in the future.
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