Intraday Price Movement and Volatility
Refex Industries opened the trading session with a gap up of 4.73%, signalling early buying interest. Throughout the day, the stock exhibited significant price fluctuations, with an intraday volatility of 15.19% calculated from the weighted average price. This elevated volatility underscores the dynamic trading environment surrounding the stock today.
The stock’s intraday high of Rs 353.95 represents a substantial move relative to its opening price, culminating in a day change of 11.33%. This performance notably outperformed the Other Chemical products sector by 10.24%, highlighting Refex Industries’ relative strength within its industry group during the session.
Comparison with Market Benchmarks
On the same day, the Sensex opened flat with a marginal gain of 71.17 points and traded at 85,784.38, reflecting a modest increase of 0.07%. The benchmark index remains close to its 52-week high of 86,055.86, just 0.32% shy, supported by mega-cap stocks leading the market. The Sensex’s 50-day moving average remains above its 200-day moving average, indicating a generally bullish trend in the broader market.
In contrast, Refex Industries’ one-day performance of 10.71% significantly outpaced the Sensex’s 0.07% gain, underscoring the stock’s standout movement in an otherwise steady market environment.
Moving Averages and Technical Positioning
From a technical perspective, Refex Industries is trading above its 5-day and 20-day moving averages, which often indicate short-term positive momentum. However, the stock remains below its longer-term moving averages, including the 50-day, 100-day, and 200-day averages. This positioning suggests that while the stock has gained traction in the short term, it has yet to surpass longer-term resistance levels.
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Performance Trends Over Various Timeframes
Examining Refex Industries’ performance over multiple periods reveals a mixed picture. The stock’s one-week gain stands at 9.06%, considerably ahead of the Sensex’s 0.65% rise. However, over the one-month horizon, Refex Industries shows a slight decline of 0.27%, while the Sensex advanced by 1.37%.
Longer-term data indicates challenges, with the stock’s three-month performance at -2.02% compared to the Sensex’s 7.12%. Over the past year, Refex Industries recorded a decline of 28.57%, contrasting with the Sensex’s 8.53% gain. Year-to-date figures also show the stock down by 26.49%, while the Sensex increased by 9.78%.
Despite these recent trends, the stock’s three-year, five-year, and ten-year performances remain substantially higher than the Sensex, with gains of 535.69%, 1907.07%, and 20329.15% respectively, compared to the Sensex’s 37.24%, 94.30%, and 228.32% over the same periods.
Sector and Industry Context
Refex Industries operates within the Other Chemical products sector, which has experienced varied performance in recent sessions. The stock’s outperformance today by over 10% relative to its sector peers highlights a notable divergence in trading activity and price movement within this segment.
Such intraday strength may reflect specific market factors or trading dynamics affecting Refex Industries distinctively, as the broader sector did not exhibit comparable gains during the session.
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Trading Activity and Market Sentiment
The heightened volatility and strong intraday gains in Refex Industries suggest active participation from market participants. The stock’s ability to maintain levels above short-term moving averages during the session indicates a degree of resilience in the face of broader market fluctuations.
While the Sensex and mega-cap stocks showed modest gains, Refex Industries’ performance stands out as a key highlight in the Other Chemical products sector, reflecting a distinct trading pattern on 28 Nov 2025.
Summary of Key Metrics
To summarise, Refex Industries’ trading session featured:
- Intraday high of Rs 353.95, representing a 10.49% gain
- Opening gap up of 4.73%
- Intraday volatility of 15.19%
- Outperformance of sector by 10.24%
- Trading above 5-day and 20-day moving averages
- One-day gain of 10.71% versus Sensex’s 0.07%
These figures collectively illustrate a session marked by strong price action and active trading interest in Refex Industries.
Market Environment
The broader market context on 28 Nov 2025 was characterised by a flat opening for the Sensex, followed by a slight positive movement. The index’s proximity to its 52-week high and its position above key moving averages reflect an overall bullish undertone. However, Refex Industries’ performance distinctly outshone the general market trend, highlighting its unique intraday momentum.
Conclusion
Refex Industries’ strong intraday performance on 28 Nov 2025, marked by a significant price surge and elevated volatility, sets it apart within the Other Chemical products sector. The stock’s ability to outperform both its sector and the broader market indices during the session underscores a notable trading dynamic. While longer-term trends show mixed results, today’s price action reflects a pronounced moment of strength for Refex Industries.
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