Refex Industries Experiences Surge in Trading Activity and Investor Interest

Mar 24 2025 11:00 AM IST
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Refex Industries Ltd has experienced significant trading activity, reaching an intraday high and showing strong gains over the past week. The stock's performance has attracted notable market interest, with increased delivery volume and a position above several key moving averages, reflecting positive momentum in the industrial gases and fuels sector.
Refex Industries Ltd, a player in the Industrial Gases & Fuels sector, has shown remarkable activity today, hitting its upper circuit limit with a notable intraday high of Rs 396.35, reflecting a change of Rs 18.85 or 4.99%. The stock opened with a gain of 2.36% and has been on an upward trajectory, gaining 8.63% over the past five days.

Today's trading saw a total volume of approximately 0.57918 lakh shares, resulting in a turnover of Rs 2.29 crore. The stock's performance has outpaced its sector by 3.35%, indicating strong market interest. Additionally, the delivery volume has increased significantly, rising by 47.28% compared to the five-day average, suggesting heightened investor participation.

In terms of moving averages, Refex Industries is currently above its 5-day, 20-day, and 200-day averages, although it remains below the 50-day and 100-day averages. Overall, the stock's performance today highlights its strong market position and positive momentum within the industrial gases and fuels industry.
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