Refex Industries Experiences Surge in Trading Activity Amid Increased Investor Participation

Apr 17 2025 10:00 AM IST
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Refex Industries Ltd experienced notable trading activity today, with its stock reaching the upper circuit limit and significant investor participation. The trading volume was approximately 6.43 lakh shares, resulting in a turnover of around Rs 28.46 crore, indicating a strong market presence in the Industrial Gases & Fuels sector.
Refex Industries Ltd, a mid-cap player in the Industrial Gases & Fuels sector, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of 447.4, reflecting a notable change of 17.65, or an increase of 4.14%. The last traded price was recorded at 443.75, with a trading range between a low of 427.1 and the upper circuit limit.

In terms of trading volume, Refex Industries saw a total traded volume of approximately 6.43 lakh shares, resulting in a turnover of around Rs 28.46 crore. The stock has been gaining momentum, with a consecutive gain noted today, although it has underperformed its sector by 0.46%.

The stock's performance is currently above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 282.05% compared to the 5-day average.

Overall, Refex Industries Ltd has demonstrated robust trading activity today, reflecting a strong market presence within its industry.
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